0141 674 1833

Deveron Street Coatbridge, ML5

2 bedroom Flat in Coatbridge

Under Offer
Offers Over £69,000
Current Yield 10.7 %
Potential Yield 12 %
Property Reference: 192568348
  • Flat
  • 2 Bedrooms
  • 1 Bathrooms
  • 1 Receptions
  • 64 sq m

Property Features

Property Features

  • Buy-to-Let Opportunity
  • Long Term Tenant Currently Situated
  • Likely to attract enquiries from Serious Investors & Developers
  • GREAT RENTAL RETURNS
  • Spacious Lounge
  • Modern Kitchen
  • Three Piece Bathroom
  • Perfect Rental Location Within Coatbridge
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Property Information

Full Details

Our latest listing is a well proportioned flat located just out with the Coatbridge Town Centre. With long term tenants that have taken great care of the space and great rental returns, this will make for a fantastic addition to an investor portfolio!

This home is neutrally decorated throughout and features 2 bedrooms, a three-piece bathroom, a spacious lounge and a kitchen.

Investment details

The property currently produces an annual gross income of £7,500 which could be increased by the new owner to a market rate of £8,400 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 tenant has lived in the property for a couple years and has 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 tenant has access to countless amenities as the Coatbridge Town Centre can be accessed in a matter of minutes. This includes supermarkets, restaurants, local businesses, retail stores, convenience stores and leisure facilities.

The Blairhill Train Station is also within walking distance of the flat so the tenants are able to travel to surrounding areas easily and directly.

Living Space/lounge

The lounge makes for an ample living area with lots of space for furniture and gatherings.

Kitchen

The kitchen is a good size and has also been well kept by the tenant.

Bathroom

A three-piece bathroom is found that consists of a wash basin, W.C. and bathtub with an overhead electric shower.

Bedrooms

Both bedrooms are a great size with plenty of room for double beds, bedroom furniture and storage cabinets.

External

There are garden grounds to the left hand side and rear to the property.

Let Property 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 fully refundable in the event of non-completion at no fault of your own.

Helpful Information

Council Tax Band: B
Property Reference: 192568348

Investment Checklist

  • Tenancy Status: Tenanted
  • Current Rent pcm: £625
  • Potential Rent pcm: £700
  • Tenancy Agreement in place: Yes
  • Tenancy Compliance in place: Yes
  • Current Term of Tenancy: 2 years +
  • Tenants means of funding: Employment
Property Reference: 192568348
Property Reference: 192568348

Property Location

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Request DetailsDeveron Street Coatbridge, ML5

Offers Over £69,000

Make an offer
Deveron Street Coatbridge, ML5

Listing Price

Offers Over £69,000

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.