1 bedroom flat

 

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•  Prime Property Auctions is excited to present this excellent 1 Bedroom Flat, located within a prime location in Coatbridge - *Guide Price: 15,000* 

 

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• *4, Torriden Court, Coatbridge, ML5 5LF Previously sold for £49,000. 9, Torriden Court, Coatbridge, ML5 5LF Previously sold for £50,000. 14, St Monica's Way, Coatbridge, Lanarkshire, ML5 5AE Previously sold for £75,000*

 

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• For rental purposes, the property has recently been tenanted at £360 p/m (£4,320 p/a), which would provide a massive 28% gross yield if achieved for guide price of £15,000. Property could potentially attract a monthly rental figure of £550 - £595 per month. *FANTASTIC HIGH YIELD POTENTIAL*

 

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• Sure to appeal to shrewd landlords looking for an excellent ready to let investment opportunity in a sought after buy to let location. 

 

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• Property is located within a prime location in Coatbridge, just a short 28 minute drive from Glasgow City Centre. Property is situated nearby to schools and local amenities.

 Prime Property Auctions NEW ENTRY: Excellent 1 Bedroom Flat located within a prime location in Coatbridge - *Guide Price £15,000*

 

Property comprises: Entrance Hallway, Lounge and Kitchen, 1 Large Double Bedroom and Bathroom. Property benefits from ample storage throughout, easily accessible on street parking and well kept communal areas.

 *RARE DISCOUNTED OPPORTUNITY*

Property could potentially attract a monthly rental figure of £550 - £595 per month. This would produce a rental income of £6,600 - £7,140 per annum. 

Sure to appeal to shrewd buy to let investors looking for a fantastic property with great high yield potential. 

Excellent Investment Opportunity. Sure to appeal to investors looking for a ready to let flat in a sought after location with great potential for Capital Growth. The local area has seen some great sales recently showing that there is strong demand. 

Sales evidence: 

 

*4, Torriden Court, Coatbridge, ML5 5LF Previously sold for £49,000. 9, Torriden Court, Coatbridge, ML5 5LF Previously sold for £50,000. 14, St Monica's Way, Coatbridge, Lanarkshire, ML5 5AE Previously sold for £75,000*

 

Property has a Guide price of £15,000 and is sure to appeal to investors looking for a ready to let property with high yield potential.

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer Now” 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, a town in North Lanarkshire, Scotland, is part of the Greater Glasgow urban area, offering a blend of historical charm and modern amenities. It's an appealing place to live and invest due to its strategic location, just 10 miles from Glasgow, with excellent transport links including major motorways and rail connections. The town boasts a rich industrial heritage, a variety of local schools, parks, and shopping facilities, making it a practical and family-friendly community. Additionally, recent investments in regeneration projects and affordable property prices compared to nearby Glasgow make Coatbridge an attractive option for both residents and investors.