Town & Country Property Auctions presents a property with £4,800 annual rental potential in the popular residential area of Cumbernauld!
Town & Country Property Auctions presents a property with £4,800 annual rental potential in the popular residential area of Cumbernauld!
203 Greenrigg Road, Cumbernauld, Glasgow, Lanarkshire, G67 2QD
Guide Price: £20,000
Income Potential
Long-Term Rental:
Approx. £400 PCM (£4,800 per year)
Short-Term Let / Airbnb:
Subject to local regulations and market demand.
The Opportunity
Situated within an established residential area of Cumbernauld, this property offers an affordable investment opportunity with strong long-term rental potential. The location benefits from excellent transport links via the M80 motorway and Cumbernauld Railway Station, providing convenient access to both Glasgow and Stirling. Nearby amenities include Cumbernauld Town Centre, Antonine Shopping Centre, local schools, Cumbernauld Retail Park and Broadwood Leisure Centre, while major employers such as Westerwood Business Park, St Maurice's High School, NHS facilities and surrounding industrial estates continue to support consistent tenant demand.
The seller is open to considering pre-auction bids, providing interested purchasers with the opportunity to secure the property before the auction date. Any acceptable offer received may result in the property being sold prior to auction, offering a keen buyer the chance to guarantee their purchase and avoid competitive bidding on auction day.
Convenient access to the M80 motorway, Cumbernauld Railway Station and Glasgow City Centre
Close to Antonine Shopping Centre, Cumbernauld Retail Park, Broadwood Leisure Centre and local schools
Strong tenant demand supported by nearby business parks, retail, healthcare facilities and ongoing investment throughout Cumbernauld
* 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.
Viewing: Due to the nature and condition of auction properties, the auctioneers highlight the potential risk that viewing such property carries and advise all to proceed with caution and take necessary requirements to ensure their own safety whist viewing any lots offered. Viewings are conducted entirely at the potential buyers own risk, these properties are not owned or controlled by Town & Country Property Auctions and the auctioneers will not be held liable for loss or injury caused while viewing or accessing the lot. Due to the nature of some auction properties, electricity may not be turned on, therefore viewing times are restricted. Viewers will need to bring their own lighting/ ladders if wanting to inspect cupboards, cellars and roof spaces. Some viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Town & Country Property Auctions will not be liable for any costs or losses incurred due to viewing cancellations or no shows.
All auctioneer fees and deposits stated are non-refundable. The deposit will be applied toward the final purchase price. Auctioneer fees, while not contributing to the purchase price, will still be included in the total chargeable consideration of the property when calculating Stamp Duty Land Tax, Land Transaction Tax, or Land and Buildings Transaction Tax (as applicable depending on whether the property is located in England, Wales, or Scotland).
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Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.
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How to bid
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