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EPC
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Fixed price
£64,995

2 bedroom flat for sale

Main Street, Coatbridge ML5
Sold STC
Flat
2 beds
1 bath
Added > 14 days

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Key information

TenureFreehold
Council taxAsk agent
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

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

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.

Property information from this agent

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About this agent

Portolio - Edinburgh
Portolio - Edinburgh
34 South Gyle Crescent, Midlothian, Edinburgh EH12 9EB
0131 268 1210
Full profileProperty listingsHome Report
Our Story Experience counts for everything in the property industry. Thankfully we have decades of it here at Portolio – all of which we’ve used to create the estate agent for landlords. From their time running letting agencies, our co-founders Chris Wood and Ross MacDonald could see a better way to sell tenanted properties from landlord to landlord, generating rental income from the first day of ownership for buyers, to the last day of ownership for sellers. They know what tenants want, what buyers want, and what sellers want. Tenants want security in their home. Buyers want a tenant as well as a property. And sellers want income up to the day of transfer, no hassle and an efficient solution. That’s Portolio – the win, win, win.
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