24 Greenfield Quadrant, Motherwell, ML1 5TF
- PROPERTY TYPE
Flat
- BEDROOMS
1
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Prime Property Auctions New Entry. Large 1 bedroom tenanted property. Property is currently tenanted at £425 per calendar month.
- *** 4 Greenfield Quadrant, Motherwell, ML1 5TF sold for £77,000 July 2023, 15 Greenfield Quadrant, Motherwell, ML1 5TF sold for £74,995 Jan 2021 ***
- Property is being sold with sitting tenant paying £425 pcm which provides an annual income of £5,100 which would provide a gross yield of 11.3% if achieved at Guide of £45,000.
- Excellent Opportunity to buy an immediate cashflowing investment. Sure to appeal to investors looking for easy buy to let property to add their portfolio.
- Located on the outskirts of Motherwell just off the High Street (B7066). Quiet street with parking and within walking distance to amenities and Brannock High School.
Description
- Prime Property Auctions New Entry. Large 1 bedroom tenanted property. Property is currently tenanted at £425 per calendar month.
- *** 4 Greenfield Quadrant, Motherwell, ML1 5TF sold for £77,000 July 2023, 15 Greenfield Quadrant, Motherwell, ML1 5TF sold for £74,995 Jan 2021 ***
- Property is being sold with sitting tenant paying £425 pcm which provides an annual income of £5,100 which would provide a gross yield of 11.3% if achieved at Guide of £45,000.
- Excellent Opportunity to buy an immediate cashflowing investment. Sure to appeal to investors looking for easy buy to let property to add their portfolio.
- Located on the outskirts of Motherwell just off the High Street (B7066). Quiet street with parking and within walking distance to amenities and Brannock High School.
Prime Property Auctions New Entry. Large 1 bedroom tenanted property. Property is currently tenanted at £425 per calendar month. Property comprises: Hallway with storage and meter cupboard, vestibule, front facing lounge, kitchen, bedroom and bathroom. Understairs storage area. Features Double Glazing and Gas Central Heating.
Excellent Opportunity to buy an immediate cashflowing investment. Sure to appeal to investors looking for easy buy to let property to add their portfolio. Property is being sold with sitting tenant paying £425 pcm which provides an annual income of £5,100 which would provide a gross yield of 11.3% if achieved at Guide of £45,000.
Rental potential of £475 - £575 per calendar month which would provide an annual rent of £5,700 - £6,900. Should the rent be increased to market levels it would provide a gross yield of 12.7% - 15.3%
Excellent scope for capital growth given local sales evidence. *** 4 Greenfield Quadrant, Motherwell, ML1 5TF sold for £77,000 July 2023, 15 Greenfield Quadrant, Motherwell, ML1 5TF sold for £74,995 Jan 2021 ***
Excellent BRRR Opportunity. Sure to appeal to investors looking for an easy lettable flat in a sought after location with great potential for Capital Growth. The local areas seen some great sales recently showing that there is strong demand.
Property has a Guide price of £45,000 and is sure to appeal to investors looking for a property that they can put their own stamp on.
Potentially high yielding investment property.
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Make an Offer” button on our website.
This property is offered at a fantastic price to ensure an Auction sale.
The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.
Location:
Located in a quiet residential Estate on the outskirts of Motherwell and close to Junction 6 of the M8 Motorway at Newhouse, ideal access for commuters to either Glasgow or Edinburgh. The property comes with gas central heating and double glazing, there is a private garden and parking.
The village of Newarthill lies to the North of Motherwell, a great commuter area serving the whole of central Scotland with good road networks including the M8 and M74 motorways nearby. There is also a local train station a few minutes walk from the property. Good amenities and facilities are close by, including an excellent 18 hole golf course and leisure complex, newly opened Motherwell college, excellent schools to both Primary and secondary levels and a great variety of shops and retail parks. The property is located near to motorway network links allowing easy access to Glasgow and Edinburgh. Local amenities include shops, primary and secondary schools and conveniently located for the town of Motherwell with its wide and varied selection of facilities.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- On street
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
24 Greenfield Quadrant, Motherwell, ML1 5TF
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About Prime Property Auctions (Scotland) Ltd, Glasgow
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Visit our security centre to find out moreDisclaimer - Property reference 205512768. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Prime Property Auctions (Scotland) Ltd, Glasgow. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Prime Property Auctions (Scotland) Ltd, Glasgow on 0141 465 5880.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
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