Ground floor studio New to auction is this ground floor studio apartment, enjoying a pleasant location within an established residential area, approximately 1.5 miles to the north east of Wishaw town centre. Entered from a well maintained common close, the accommodation comprises lounge/bedroom with kitchen off, and bathroom. Further benefits include fitted storage cupboards, shared garden area, and residents off-street parking. A full programme of refurbishment is required which is reflected in the competitive Guide Price. Post works, rental investors will enjoy substantial rental returns in the region of £4,300pa (LHA one bed rate), with current rental comparables suggesting a market rent approaching £400pcm could be achieved. A perfect project for a rental investor, this property could also be an ideal first step on the housing ladder. Early viewing is essential to appreciate the incredible value on offer.

Location

Lewis Avenue lies approx 1.5 miles to the north east of Wishaw town centre. Wishaw lies between Motherwell, Hamilton and Carluke on the edge of the Clyde valley. It offers good commuting access to Hamilton and Glasgow, the M74 provides transport links north and south and the town is well served by both local schooling and civic amenities.

Energy Efficiency Rating (EPC)

Current Rating E

Additional Fees

Buyer's Premium - £1,140.00 including VAT payable on the fall of the Virtual Gavel.

Administration Charge - £2,460.00 including VAT payable on the fall of the Virtual Gavel.

Disbursements - Please see Legal Pack for any Disbursements.

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.