Tenanted Investment, Jerviston Court... 1 bed flat for sale

>

Tenanted Investment, Jerviston Court... 1 bed flat for sale

Tenanted Investment, Jerviston Court, Motherwell, North Lanarkshire, ML1 4BS
£24,000

Our Summary

  • This lot will be sold under auction terms and conditions and purchase will be on an unconditional basis
  • The auction will take place online
  • Auction fees/ Buyers Premium and deposit payment will be due immediately upon fall of the hammer- Deposit will be 10% of purchase price with the remainder to paid through licenced conveyancer
  • Seller has indicated that pre-auction offers will be considered for this lot accordingly this lot may be sold before the advertised auction date

Description

This tenanted one-bedroom property in Motherwell is a fantastic investment opportunity, generating an immediate rental income of £4,200 per year (£350 per month). The property is located in a popular residential area with easy access to Glasgow and Edinburgh, making it a sought-after location for commuters. The property itself is well-appointed, featuring an entrance hallway, lounge, kitchen, double bedroom, and bathroom, and benefits from double glazing and parking. With a strong rental location and high demand driven by its proximity to transport links, supermarkets, and sports facilities, this property is a perfect addition to any buy-to-let portfolio. The property will be sold with a settled tenant in place, ensuring immediate rental income, and the auction will take place online, with a 10% deposit due immediately upon fall of the hammer.