Portfolio of tenanted properties at Winning Quadrant, Wishaw,
- PROPERTY TYPE
Flat
- BEDROOMS
2
- 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
- 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
Description
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
- 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.
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- 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
Portfolio of tenanted properties at Winning Quadrant, Wishaw,
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Visit our security centre to find out moreDisclaimer - Property reference 144FH. 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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