Two bedroom mid-terraced townhouse
Outstanding opportunity for the investor/builder to purchase this two bedroom mid-terraced property which is located within a popular residential area of Cumbernauld and which would make an excellent buy to let offering a potential rental yield of around 22% or around 26% if converted back to a three bedroom. Accommodation is set over three levels and comprises on ground floor, utility room, downstairs W.C. and large dining kitchen with access to the rear garden. First floor comprises entrance hallway, bedroom three and lounge. On the second floor there are two good sized double bedrooms and bathroom. The property benefits from double glazed windows and has a recently installed gas central heating system and boiler. There is a fully enclosed garden to the rear which is mainly slabbed for easy maintenance. The fantastic potential yield on offer will ensure that there will be high levels of interest so early viewing is strongly advised.
Home Report £35,000
Fantastic potential rental yield of 22% as a two bed or 26% as a three bed
Residents off street parking
Local primary school in close proximity
Ideal investment opportunity
Close to local amenities
Potential rental value £430pcm at LHA rates / £5,160pa as a two bed
Potential rental value £495pcm At LHA rates / £5,940pa as a three bed
The area of South Carbrain is within walking distance to Cumbernauld town centre which has local access to 24 hour shopping, schools, health centre, provides social care and leisure facilities. Local primary school is within 100mts. Also nearby is Broadwood Loch and Palacerigg country park with delightful country walks. Bus and train facilities are available with direct rail links to Falkirk, Glasgow and Edinburgh.
434 Millcroft Road sold £33,000 08/18 438 Millcroft Road sold £33,000 11/17 456 Millcroft Road sold £40,000 05/17
Energy Efficiency Rating (EPC)
Current Rating C
North Lanarkshire Council
Administration Charge - Purchasers will be required to pay an auction fee of 1% of the purchase price subject to a minimum of £3,000 inc VAT unless otherwise stated
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.