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2 bedroom flat for sale
65, Lomond Road, Coatbridge, ML52JS
£64,000
65, Lomond Road, Coatbridge, ML52JS
£64,000
Our Summary
- ** SALE BY AUCTION - 12 June 2025 - Timed Online Auction **SUPER INVESTMENT OPPORTUNITY*** Tenanted two bedroom ground floor flat in popular residential location within Coatbridge
- Auction Details12 June 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
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- SUPER INVESTMENT OPPORTUNITY*** Tenanted two bedroom ground floor flat in popular residential location within Coatbridge
Description
This is a fantastic investment opportunity for a buyer looking to generate immediate rental income. The property is a tenanted two-bedroom ground floor flat located in a popular residential area of Coatbridge, just 8 miles east of Glasgow. The flat is currently rented out for £695 per month, generating an annual income of £8,340. The location is highly sought after, with excellent links to Glasgow and Edinburgh, and is close to the town centre, Tesco supermarket, and two train stations. The property is being sold through a timed online auction on June 12, 2025, and is expected to attract strong interest from investors due to its prime rental location and potential for long-term capital growth. With a local sales evidence of £121,500 for a similar property in the area, this is an excellent chance for an investor to secure a solid return on their investment.