4A Carradale Street, Coatbridge, Lanarkshire, ML5 1PS

  • Unconditional Online Auction Sale
  • Guide Price* : £42,000

SALE BY ONLINE AUCTION 26TH AUGUST 2021 AT 9.00AM Superb property development opportunity in Coatbridge, Lanarkshire. Discounted Guide Price to ensure sale at auction, property requires full internal refurbishment and redevelopment. Possible 12.8% yield if bought at Guide Price.

Description

SALE BY ONLINE AUCTION 26TH AUGUST 2021 AT 9.00AM.
Online Property Auctions Scotland are pleased to offer this great investment opportunity.

***VERY RARE OPPORTUNITY***Excellent Opportunity to acquire fantastic flat close to Town Centre***Property requires full internal refurbishment & redevelopment***

· Traditional 1 bedroom flat comprising: Double bedroom, living room, kitchen & bathroom ***Ideal for Investors & Developers ***VERY DESIRABLE STREET*** Perfect Buy--- Refurb—Rent--- Refinance** Opportunity***Perfect for Property Developers***

VIEW THE WALKTHROUGH TOUR - https://www.madesnappy.co.uk/tour/1g143g2e72

· ***1 Bed Carradale Street Sold £84k - May 21***1 Bed Carradale Street Sold £73.5k - Sep 20*** 1 Bed Carradale Street Sold £70k - Jun 21***1 Bed Carradale Street Sold £70k - Apr 21***

· Excellent size; Popular rental area with estimated rental potential £450pcm (£5400 per annum)***Strong Tenant Demand In Popular Location***Possible Yield of 12.8% at Guide Price***

· Extremely popular residential location approximately 20 minutes from Glasgow and around 25 minutes from Glasgow Airport.

Full description

Priced for fast sale – PROPERTY MUST BE SOLD---Excellent location close to the Town Centre – Super 1 bedroom flat comprising: 1 bedroom, living room, kitchen & showerroom***REQUIRES COMPLETE INTERNAL UPGRADING & MODERNISATION***On-Street Parking available --- POPULAR LETTING AREA ---Good size & condition -- ***HIGHLY DESIRABLE STREET*** ESTIMATED Possible Rental Value £450 pcm (£5400 per annum) ***Superb location within Coatbridge close to local primary and secondary schooling and located close to Coatbridge Central train station and town centre offering super local amenities, including a retail park with large supermarkets and department stores. Extremely popular residential location approximately 20 minutes from Glasgow and around 25 minutes from Glasgow Airport, making it a popular commuter base*** The town has a population of approximately 43,960 people, with great transport links and lots of amenities on your doorstep including Drumpellier Golf Club, open since 1894 and Showcase Cinemas***

Please note this property has been considered not fit for habitation in it's current condition and no home report is available.

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* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. 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 £47,000

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Agreement Documents

Related Documents

Virtual Tour

Virtual Tour - 4a Carradale Street

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