Prime Property Auctions is excited to present a large, recently refurbished 2-bedroom flat within a foremost location in Coatbridge.
*** Flat 13, Parkway Court, Blair Road, Coatbridge, Lanarkshire, ML5 1JJ sold for £110,000 in February 2019,13, St. Andrews Drive, Coatbridge, Lanarkshire, ML5 1AB sold for £109,000 in March 2022 ***
Property could achieve £600 - £675/month in rent, providing an exceptional investment opportunity for a shrewd investor, providing a gross annual return of £7,200 - £8,100.
Exceptional opportunity for a shrewd investor to add another property to their portfolio that requires minimal refurbishment work. ***gross yield of 16% - 18%***
Property is a perfect addition to an existing portfolio or for a first time buyer looking for their first home. Sure to appeal to a variety of buyers.
Prime Property Auctions is excited to present a large, recently refurbished 2-bedroom flat within a foremost location in Coatbridge.
Property comprises a large 2 Bedroom flat with large rooms. The spacious accommodation allows for fantastic socialising space with the large living room and kitchen. Completing the accommodation is 2 large double bedrooms and a well-equipped bathroom.
Property is set in an ideal buy to let location attracting quality tenants such as professional individuals and students.
This exceptional flat could achieve an annual gross yield of 16% - 18% based off a guide price of £45,000, providing attractive returns to a potential investor.
The property is offered at a discount to ensure a fast sale at auction. There is fantastic sales evidence with similar properties selling for much more:
*** Flat 13, Parkway Court, Blair Road, Coatbridge, Lanarkshire, ML5 1JJ sold for £110,000 in February 2019,13, St. Andrews Drive, Coatbridge, Lanarkshire, ML5 1AB sold for £109,000 in March 2022 ***
This opportunity could return you a gross annual return between £7,200 - £8,100 per annum
Property is set in an ideal buy to let location attracting quality tenants such as professional individuals and students.
Property is due to go to auction for our upcoming timed online event. Be sure to register to not miss out. Should you wish to make an immediate offer you can do so via the ‘make an offer' button located below the images. Alternatively, please contact the team to discuss how to make an offer today, on .
Location:
Located Close to local amenities such as superstores and transport links like the M8, Coatbridge is not short on activities or access to major cities such as Glasgow City Centre. The bustling high street of Coatbridge hosts pubs and restaurants a like to cater for various desires, interests and tastes.
Nestled within the picturesque landscapes of central Scotland, Coatbridge stands as a charming town that effortlessly marries history, natural beauty and modern living. Situated on the eastern side of Glasgow, Coatbridge boasts a unique setting that has played a pivotal role in its development over the centuries.
- Prime Property Auctions is excited to present a large, recently refurbished 2-bedroom flat within a foremost location in Coatbridge.
- *** Flat 13, Parkway Court, Blair Road, Coatbridge, Lanarkshire, ML5 1JJ sold for £110,000 in February 2019,13, St. Andrews Drive, Coatbridge, Lanarkshire, ML5 1AB sold for £109,000 in March 2022 ***
- Property could achieve £600 - £675/month in rent, providing an exceptional investment opportunity for a shrewd investor, providing a gross annual return of £7,200 - £8,100.
- Exceptional opportunity for a shrewd investor to add another property to their portfolio that requires minimal refurbishment work. ***gross yield of 16% - 18%***
- Property is a perfect addition to an existing portfolio or for a first time buyer looking for their first home. Sure to appeal to a variety of buyers.
Posted 31/08/23, views 1
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