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Main Street, Coatbridge, ML5

Floorplan 1Floorplan 2
2

Key features

  • Buy-to-let Investment
  • Tenanted & Fully Compliant
  • Home Report £70K
  • 2 Bedrooms
  • Current Rental £500pm
  • Current Yield 9.2%
  • Unfurnished Let
  • EPC Rating C
  • No Buyer Fees
  • 74 sq m

Description

Tenanted 2 bedroom buy-to-let investment property in Coatbridge. The property is a first and second floor maisonette flat within a three storey terraced block. The accommodation comprises on the first floor of an entrance hall, living room, and kitchen. The second floor has a landing, two bedrooms and a shower room. The property benefits from having double glazing, gas central heating and being fully compliant for the rental market. 

The property is being sold with the tenants in situ as a buy-to-let investment property. The property is fully compliant and the long-term tenant has been resident since 2019 providing rental income on day 1 of purchase. The current tenancy generates an annual rental income of £6,000 representing an immediate yield of 9.2%. The property is let unfurnished and is sold as seen. The Home Report value is £70K.

Coatbridge is a town in North Lanarkshire, Scotland, situated about 8 miles east of Glasgow. This bustling town has an execellent mix of historic landmarks, modern developments, and green spaces. Coatbridge is an attractive location for buyers due to its strong community ties, rich industrial heritage, and convenient proximity to Glasgow.

Brochures

Brochure 1Home Report
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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Main Street, Coatbridge, ML5

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About Portolio, Edinburgh

Portolio Ltd, Westpoint, 4 Redheughs Rigg, Edinburgh, EH12 9DQ
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Portolio is a specialist estate agent for landlords, selling tenanted properties from landlord to landlord while ensuring tenants remain secure in their homes. Founded by two Scottish letting agents in 2017, Portolio is the product of the decades of knowledge amassed by co-founders Chris Wood and Ross MacDonald. Its business model fuses the skills required to be an estate agent with a deep knowledge of lettings, and what is required in the world of buy-to-let, from property styles and locations, to rental yields, capital appreciation potential, and all required safety legislation. Portolio is fully NAEA qualified and sells tenanted properties and portfolios across Scotland and England.

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Disclaimer - Property reference 28572104. 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 Portolio, 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
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