Ref: Lot 1
Fantastic £13,000 discount on tenanted opportunity offering an 11.4% yield against guide price.
Town and Country Property Auctions Scotland are delighted to present this two bed top floor flat in popular Motherwell location to the market.
Home Report Value - £65,000
The property is sold with a tenant in situ offering an impressive 11.4% yield against guide price and is managed by a reputable local agent.
The property is offered in move in condition with modern interiors, a spacious kitchen and bright shower room. There are two double bedrooms both benefitting from built-in wardrobes. There is a large living/dining room offering plenty of space with the property featuring lots of hallway storage too.
Specification includes, double glazing, gas central heating and modern appliances.
This is the perfect opportunity for a shrewd investor to add a high yielding property to their portfolio in a popular location.
* Plus 2.4% Buyers Premium inc. VAT (subject to a minimum of £5,000 inc VAT)
* The Guide Price given is an indication as to where the Reserve is currently set. The Reserve is the minimum price that the auctioneer is authorised by the vendor to sell the property for. It is subject to change throughout the marketing period. Where the Guide Price is a single figure, the current Reserve will not be more than 10% above that single figure, and where a price range is given (i.e. £50,000 - £55,000), the Reserve will not exceed the upper level of the range. It is not necessarily what the auctioneer expects it will sell for.
We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms' employment has the authority to make or give any representation or warranty in respect of the property.
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