0141 674 1833

St. Mungos Road, Cumbernauld, G67 1BE

2 bedroom Flat in Cumbernauld

For Sale
Offers Over £93,750
Current Yield 5.8 %
Potential Yield 7 %
Property Reference: 180802291
  • Flat
  • 2 Bedrooms
  • 2 Bathrooms
  • 1 Receptions
  • 66 m2

Property Features

Property Features

  • Buy-to-Let Opportunity
  • Long Term Tenant Currently Situated
  • Likely to attract enquiries from Serious Investors & Developers.
  • Modern Kitchen
  • Modern Bathroom & Ensuite Shower Room
  • Open Plan Lounge
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Property Information

Full Details

This 2 bedroom flat is in fantastic condition, has a tenant currently situated that would like to remain in the property and is located within an amenity rich area of Cumbernauld.

The well-kept flat is neutrally decorated throughout and features 2 bedrooms, a modern 3 piece bathroom & ensuite shower room and a spacious open plan lounge with a kitchen and dining area.

The property currently produces an annual gross income of £6,300 which could be increased by the new owner to a market rate of £8,340 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.

The current tenant has lived in the property for several 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.

The property is situated right beside Cumbernauld town centre which means there are countless valuable amenities within walking distance. These range from supermarkets, convenience stores, shops, bars & restaurants, leisure facilities and shopping centres - Antonine & thecentreCumbernauld.

The Cumbernauld Train Station is also in close proximity to the property and as well as the M80 motorway, both of which make travel to Glasgow City Centre convenient and easy.

The open plan lounge & kitchen is a fantastic size and makes for an ample living area with lots of space for furniture and family gatherings. It has hardwood floor, its own dining area and is in immaculate condition.

Both the bathroom and ensuite shower room are a modern build and feature their own wash basin and W.C.

Both bedrooms are large in size with enough room for king size beds and bedroom furniture, have carpeted flooring and their own built-in sliding storage cabinets.

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: 180802291

Investment Checklist

  • Tenancy Status: Tenanted
  • Current Rent pcm: 580
  • Potential Rent pcm: 695
  • Tenancy Agreement in place: Yes
  • Tenancy Compliance in place: Yes
  • Current Term of Tenancy: 2 years+
  • Tenants means of funding: Employment
Property Reference: 180802291
Property Reference: 180802291

Property Location

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Request DetailsSt. Mungos Road, Cumbernauld, G67 1BE

Offers Over £93,750

Make an offer
St. Mungos Road, Cumbernauld, G67 1BE

Listing Price

Offers Over £93,750

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.