Tenanted Investment, Jerviston Court, Motherwell, North Lanarkshire, ML1 4BS

- PROPERTY TYPE
Flat
- BEDROOMS
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.
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Description
Property will be sold with settled tenant in place- immediate rental income of £4,200 per year- £350 per month.
Perfect addition to buy-to-let portfolio in extremely high demand rental spot.
Tenanted Investment Property.
Perfect property for investors. 1 Bedroom flat in popular residential area in Motherwell with excellent access to transport links.
The property will be sold with a sitting tenant. Tenant has excellent payment history and all rent is up to date. The property generates an immediate rental income of £350 per month (£4,200 per year).
This is low rent for the area with average rental income for a 1 bedroom flat being £450 per month (£5,400 per year). Perfect Investment.
The large property comprises Entrance Hallway, Lounge, Kitchen, Double Bedroom and Bathroom. Enhanced by Double Glazing and parking.
Strong rental location with high demand driven by the popular location close to transport, supermarkets and sports facilities. Close to Strathclyde Park and Dalziel Park.
Motherwell is located in North Lanarkshire and offers easy access to Glasgow and Edinburgh. Easy access to M74 and M8 motorways. Close to Motherwell Train Station.
Popular with commuters- only 15 miles from the centre of Glasgow and 40 miles from Edinburgh.
Note to buyer. This lot will be sold under auction terms and conditions and purchase will be on an unconditional basis. The auction will take place online. Please ensure all research has been carried out prior to bidding including examination of legal documents and any queries in relation to planning.
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. Contact Braveheart Auctions for further information.
Register now to bid on this property with Braveheart Auctions- Scotland's premier destination for Land, Property and Whisky.
- 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.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Tenanted Investment, Jerviston Court, Motherwell, North Lanarkshire, ML1 4BS
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Visit our security centre to find out moreDisclaimer - Property reference 42FH. 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 Braveheart Auctions Limited, Edinburgh. 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 Braveheart Auctions Limited, Edinburgh on 0131 381 5170.
*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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