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

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

Tenanted Investment, Jerviston Court, Motherwell, North Lanarkshire, ML1 4BS
£30,000

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 great opportunity for investors to add to their portfolio. 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 current tenant has an excellent payment history and the property generates an immediate rental income of £350 per month, which is below the average rent for a 1-bedroom flat in the area. The property itself is well-appointed with a large entrance hallway, lounge, kitchen, double bedroom, and bathroom, and benefits from double glazing and parking. With strong demand driven by its proximity to transport links, supermarkets, and sports facilities, this property is a great investment opportunity for those looking to capitalize on the high demand in this area.