Main Street, Coatbridge ML5 2 bed flat for sale

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Main Street, Coatbridge ML5 2 bed flat for sale

Main Street, Coatbridge ML5
£27,000

Our Summary

  • *Turnkey tenanted investment opportunity* Currently tenanted at £325 per month / £3900 per annum which represents 11% yield at guide price* * The property has a main door access and additional security entry system* Comprising lounge kitchen, bedroom and bathroom* Located around an enclosed roof terrace with 2 other flats* *The property is located on the upper level above commercial premises on the town's Main Street
  • * *Close to all town centre amenities with easy access to transport links including Coatbridge Central railway station which gives direct link to Glasgow City Centre* *TURNKEY INVESTMENT*11% YIELD AGAINST GUIDE PRICE* SETTLED TENANT* EXCELLENT LONG TERM INVESTMENT* QUIET SECLUDED POSITION*LOW GUIDE PRICE* NO ADS AT GUIDE PRICE*Auction Details06 March 2025, 10am-3pm Timed Online AuctionHow to Bid Now Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY
  • Future Property Auctions - Scotland's Largest Land and Property Auction House
  • AUCTION DATE: 06 March 2025

Description

This is a turnkey tenanted investment opportunity located on the upper level above commercial premises on the town's Main Street. The property, which is currently rented out at £325 per month (£3,900 per annum), offers a 11% yield against the guide price. The property features a lounge, kitchen, bedroom, and bathroom, and is situated around an enclosed roof terrace with two other flats. The property has a main door access and additional security entry system, and is close to all town centre amenities with easy access to transport links, including Coatbridge Central railway station. The tenant is settled, making this an excellent long-term investment opportunity. With a low guide price and no auction duties, this is a rare chance to secure a high-yielding investment with minimal hassle.