0141 674 1833

Coursington Place, Motherwell, ML1 1LU

3 bedroom Terraced House in Motherwell

Sold
Fixed Price £95,000
Current Yield 5.7 %
Potential Yield 9.5 %
Property Reference: 184311692
  • Terraced House
  • 3 Bedrooms
  • 1 Bathrooms
  • 1 Receptions
  • 86 m2

Property Features

Property Features

  • Buy-to-Let Opportunity
  • Tenant Currently Situated
  • Spacious Lounge & Kitchen
  • Large Bedrooms
  • Three-Piece Shower Room
  • Downstairs WC
  • Rear Garden Space
  • Located in Motherwell Town Centre
  • Likely to attract enquiries from Serious Investors & Developers.
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Property Information

Full Details

A spacious and well proportioned mid-terraced property located in the Motherwell Town Centre with long term tenants that are hoping to remain in the property.

This home is neutrally decorated throughout and features electric central heating, three large bedrooms, a three-piece shower room, a downstairs WC, a spacious lounge, kitchen and rear garden space

Investment details

The property currently produces an annual gross income of £5,400 which could be increased by the new owner to a market rate of £9,000 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested in viewing the Home Report, please call us.

Tenancy Details

The current tenants have lived in the property for several years and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.

Location

The town centre is within walking distance of the property which gives tenants easy access to countless amenities - retail stores, supermarkets, restaurants, bars, cafes, leisure facilities and the Motherwell Town Centre are all found here.

There are also several Primary, Secondary & Nursery schools that surround the property which will appeal to families looking to rent.

Travel to other surrounding towns is quick and easy as well thanks to the Motherwell Train Station that is found within the town centre.

Living Space/lounge

The lounge is large in size, has carpeted flooring and is in good condition so will make for an ample living area.

Kitchen

The kitchen is also large in size so will be ideal for the family looking to rent.

Bathroom

A three-piece shower room is found on the first floor that consists of a WC, washing basin and walk in shower.

The WC is found on the ground floor of the property.

Bedrooms

All bedrooms are large in size, have double glazed windows and their own built-in storage cupboards.

Exterior

External to the property you will find rear garden space and on street parking.

Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.

Helpful Information

Property Reference: 184311692

Investment Checklist

  • Tenancy Status: Tenanted
  • Current Rent pcm: 450
  • Potential Rent pcm: 750
  • Tenancy Agreement in place: Yes
  • Tenancy Compliance in place: Yes
  • Current Term of Tenancy: 2 years+
  • Tenants means of funding: Local Authority Funded
Property Reference: 184311692
Property Reference: 184311692

Property Location

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Request DetailsCoursington Place, Motherwell, ML1 1LU

Fixed Price £95,000

Make an offer
Coursington Place, Motherwell, ML1 1LU

Listing Price

Fixed Price £95,000

Disclaimer
All offers are submitted to the seller for approval. On acceptance of your offer you will be required to instruct a solicitor for Legal Acceptance of your offer. A fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion. Terms and payment details will be provided upon verbal acceptance of your offer.

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