38 Jimmy Sneddon Way, Motherwell, Lanarkshire, ML1 3YG

  • Unconditional Online Auction Sale
  • Guide Price* : £26,000

SALE BY ONLINE AUCTION 10TH DECEMBER 2020 AT 9.00AM. We are pleased to bring to market this excellent value investment property. Offered with vacant possession, this two bedroom flat is presented in fine internal condition. Anticipated rental yield of 13% against Guide Price for those looking to purchase Buy-to-Let.

Description

SALE BY ONLINE AUCTION 10TH DECEMBER 2020 AT 9.00AM. We are pleased to bring to market this excellent value investment property. Offered with vacant possession, this two bedroom flat is presented in fine internal condition. Anticipated rental yield of 13% against Guide Price for those looking to purchase Buy-to-Let.

This property comprises of two double bedrooms, a spacious lounge, kitchen and bathroom. Further benefits include Gas Central Heating and Double Glazing.

Expected rental income of circa £300 per month, representing 13% yield against Guide Price.

Recent sales:
42 Jimmy Sneddon Way (3 Bedroom) sold for £30,000 in July 2019
26 Jimmy Sneddon Way (2 Bedroom) sold for £38,500 in August 2016

Forgewood is a mainly residential suburb lying in the north-west of Motherwell. The immediate area is home to local amenities such as a convenience store, a pharmacy, a Post Office, and two takeaways. Motherwell Shopping Centre is under 10 minutes' drive away and offers over 85 stores including popular high street retailers, a baker, a butcher, a pharmacy, a bank, cafés, and fast food outlets. The centre also hosts a 24-hour PureGym with a gym and a varied timetable of fitness classes. The scenic 400-hectare Strathclyde Country Park is nearby and hosts international rowing competitions and music festivals, as well as incorporating outdoor adventure playgrounds, an internationally-renowned water sports centre, bike hire, a fitness gym, and a wealth of running, walking, and cycling routes.

Schooling in the area is well catered for, with pre-school education available at Forgewood Family Learning Centre, primary schooling available at Ladywell and Muir Street primary schools, and secondary education at nearby Braidhurst High School. Higher education is available at New College Lanarkshire's Motherwell Campus or at the City of Glasgow College, The Glasgow School of Art, Glasgow Kelvin College, The University of Glasgow, Glasgow Caledonian University, and the University of Strathclyde; all of which are in the centre of Glasgow, within easy driving distance.

Motherwell Train Station is within walking distance and provides regular services to Glasgow Central, and thanks to the proximity of major road links, travelling and commuting by car couldn't be easier.

For viewings on any of our properties please contact our office.

To view legal documents for all properties, and to register for our online auctions please visit our website - opascotland.com

* 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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Sold prior for £26,000

This auction is now closed.

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