Opportunity to increase rental for increased yield +
Option may exist to split portfolio +
Close to amenities and transport +
Popular buy-to-let location +
Attention Investors!
Immediate income producing investment. Portfolio of 2 x tenanted properties located in the same building within a popular residential area in Wishaw. The properties will be sold with settled tenants in place paying a combined monthly rental of £766 (£9,192 per year).
Portfolio comprises 25 Winning Quadrant and 31 Winning Quadrant, ML2 7TT and represents easy management as both are located in the same building.
2 x GROUND FLOOR, 1 bedroom flats will be sold with settled, long- term tenants in place who have indicated that they are happy to stay on in the properties.
25 Winning Quadrant generates an income of £398 per month (£4,776 per year)- Low rent for the area- as it has been held at that level for a long term tenant. Realistic potential monthly rental of £450per month (£5,400 per year).
31 Winning Quadrant generates an income of £368 per month (£4,416 per year)- Low rent for the area- as it has been held at that level for a long term tenant. Realistic potential monthly rental of £450per month (£5,400 per year).
Secure income with excellent yield in popular location- very popular with buy-to-let investors with plentiful on-street parking and easy access to town centre, minutes from Caledonian Retail Park, Sheildmuir Train Station, Tesco Superstore, New College Lanarkshire and perfectly located for Wishaw General Hospital- one of the area's largest employers.
No additional costs for factoring.
As the properties will be sold with tenants in place, no viewing can be offered.
Wishaw is a popular commuter town located approximately 20 miles from Glasgow City Centre and 40 miles from Edinburgh City Centre and enjoys excellent road and rail links to both.
This lot will be sold under auction terms and conditions by Braveheart Auctions
The seller has indicated that pre-auction bids would be considered for this lot.
For more info speak to Braveheart Auctions. Scotland's premier destination for Land, Property and Whisky.
Tenanted investment
High yielding portfolio
Settled, long-term tenants
Opportunity to increase rental for increased yield
Option may exist to split portfolio
Close to amenities and transport
Popular buy-to-let location
Agent Details
Braveheart Auctions Limited, Edinburgh
0131 381 5170
Next Steps?
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