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For sale by online auction Thursday 19th October 2023 at 9.00AM. Portfolio consisting of two 1 bedroom flats - one vacant, one currently tenanted at £300pcm. Both requires internal modernisation. Potential end-market rental income in the region of £550pcm each with refurbishment, providing a yield of 16.5% at Guide Price.
Online Property Auctions Scotland are delighted to present this portfolio of two flats in the popular Bellshill area of Glasgow. Both one bedroom flats, one is vacant while the other is tenanted at £300pcm.
Flat 2 is currently tenanted at £300pcm and consists of an entrance hallway, a shower room with w/c, a fitted kitchen, and a large living room which leads to a bedroom.
Flat 4 is vacant and is mid-refurbishment. It consists of an entrance hallway with adjoining bathroom, a further hallway which leads to a bedroom, a large living room and a kitchen accessible from the living room.
Both properties require internal modernisation, but could expect to reach up to £550pcm at end-market value.
- Two one-bedroom flats
- One vacant, one tenanted at £300pcm
- Potential end-market rental value in the region of £550pcm
- Requires internal modernisation
Nearby Sales include:
One bedroom flat, main Street, Bellshill - Sold for £70,500 March 22
One bedroom flat, Wilson Court, Bellshill - Sold for £63,000 August 18
One bedroom flat, Main Street, Bellshill - Sold for £65,000 September 21
Bellshill is a popular town in North Lanarkshire, only ten miles southeast of Glasgow, making it an ideal commuter base. The property is located in the centre of town, just off the main street, and is well-situated for all amenities, including shops, takeaways, restaurants and more. There is a Tesco Extra with petrol station nearby, and a Morrisons Supermarket opposite that.
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- Portfolio of Two One Bedroom Flats in Bellshill
- One Flat is Vacant and One is Tenanted at £300pcm
- Potential End-Market Rental Yield of £650pcm/13% at Guide Price