This property is no longer on the market
2 bedroom flat
Key information
Property description & features
- Tenure: Freehold
- rime Property Auctions New Entry. Immediate Cash flowing Investment Opportunity. Large 2-bedroom flat. *HIGH YIELDING OPPORTUNITY*
- *10, Fullar Gate, Coatbridge, Lanarkshire, ML5 4FX sold for £92,500 in May 2019, 4, Fullar Gate, Coatbridge, Lanarkshire, ML5 4FX sold for £89,500 in April 2019*
- Property is currently tenanted at £359pcm generating an annual income of £4,308. Impressive yield of over 9.57% if achieved for Guide Price of £45,000.
- Close to local amenities, schools and transport links via the M8 network and rail services.
- Property is offered at a discount from market value to ensure Auction sale. Sure to appeal to investors looking for a turnkey investment.
Property comprises: Entrance Hallway, Living room, 2 large bedrooms, bathroom and good-sized kitchen. Property is offered at a discount from market value to ensure Auction sale. Sure to appeal to investors looking for a turnkey investment.
Fantastic opportunity to add capital growth with great sales evidence to support.
*10, Fullar Gate, Coatbridge, Lanarkshire, ML5 4FX sold for £92,500 in May 2019, 4, Fullar Gate, Coatbridge, Lanarkshire, ML5 4FX sold for £89,500 in April 2019*
Sure to appeal to a shrewd investor.
Property has a current market rent of £500 - £575. This would generate an annual income £6,000 - £6,900 which would produce a gross rental yield of over 13.33% - 15.33% if achieved at Guide price of £45,000. Excellent long-term investment with fantastic rental potential.
* HIGH YIELDING OPPORTUNITY *
Property is sure to appeal to investors looking for an affordable and high yielding investment property. *Immediate cash flowing investment*
*10, Fullar Gate, Coatbridge, Lanarkshire, ML5 4FX sold for £92,500 in May 2019, 4, Fullar Gate, Coatbridge, Lanarkshire, ML5 4FX sold for £89,500 in April 2019*
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Make an Offer” button on our website.
This property is offered at a fantastic price to ensure an Auction sale.
The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.
Location:
Coatbridge is a residential area approximately ten miles east of Glasgow's city centre. Easy access to local shops, schools, and train station. More extensive shopping can be found in supermarkets such as Tesco, Asda's and Lidl throughout.
Public transport services are nearby with choice of rail or bus, and there are excellent road links to Glasgow and the central belt via the M8 motorway network.
Places of interest
See more properties like this:
*DISCLAIMER
Property reference 205751157. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Prime Property Auctions - Glasgow.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on December 21, 2021
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on December 21, 2021
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on October 22, 2014 from 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.
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.