Pathhead, Douglas, Lanark, Lanarkshire, ML11 0QJ

  • Unconditional Online Auction Sale
  • Guide Price* : £325,000

SALE BY AUCTION**23RD JULY 2020 AT 9.00AM**Online Property Auctions Scotland offer this portfolio of 15 flats in award winning modern development. Strong potential rental yield of £68,000pa which represents an incredible yield of 20% based on guide price.

Description

SALE BY ONLINE AUCTION *****23RD JULY 2020 AT 9.00AM*****

Online Property Auctions Scotland are delighted to offer this portfolio of 15 one bed flats within this award winning development.

***Rare opportunity to purchase a compact portfolio development within an award winning development*** Benefits from having Double Glazing, Heating & Private parking*** Requires A degree of Internal Modernisation***

This Purpose built development was constructed in 1993 and received a Saltire Society commendation that year.***
The Development has shared gardens and a communal courtyard with parking.

Douglas is a Popular commuter Town for both Edinburgh & Glasgow with excellent Road transport links from the A70 & the M74 Motorway. Benefits from having a Regular bus service*** This quaint village also hosts boutique shops & Bistro style restaurant

***HEAVILY REDUCED PRICE*** Portfolio of 15 one bed flats in Award Winning Development**** Benefits from having Double Glazing, Heating & Private parking*** Requires A Degree of Internal Modernisation*** This Purpose built development was constructed in 1993 and received a Saltire Society commendation that year.***These fabulous flats comprise: 1 bedroom, living room, kitchen & Bathroom***The Development has shared gardens and a communal courtyard with parking.***The Estimated rental value of the portfolio is £68,000 per annum)*** Although the properties require minor internal upgrading works, They could be let out with minimum expenditure***The development has been maintained to a high standard since being built and the development has undergone refurbishment in the past 10 years*** Whilst there are some amenities available in the village, such as cafes, bars, shops and a primary school, a greater selection is available in Lanark which is 12 miles away*** Lesmahagow is only 7 miles from the property where greater retail and transport facilities can be found.

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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Bidding Opens On
23rd Jul 2020 09:00
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