Features
- Buy-to-let Investment
- Tenanted & Fully Compliant
- 1 Bedroom
- Home Report £70,000
- Current Rental £525pm
- Current Yield 9.5%
- 57 sq m
- Unfurnished Let
- EPC Rating: C
- No Buyers Fees
Description
Tenanted 1 bedroom buy-to-let investment property in the Mossend district of Bellshill. This third floor property is located within a modern development with the accommodation comprising an entrance hall, living room, bedroom, kitchen, and bathroom. The property benefits from having gas central heating, double glazing, well-kept communal areas, and allocated private parking space.
The property is being sold with the tenants in situ as a buy-to-let investment property. The property is fully compliant and the tenant has been resident since April 2024 providing rental income on day 1 of purchase. The current tenancy generates an annual rental income of £6,300 representing an immediate yield of 9.5%. The property is sold as seen and the sale price includes all the inventory items. The Home Report value is £70K. The development is factored by James Gibb for approximately £450 per quarter.
Bellshill is a town in North Lanarkshire, ten miles southeast of Glasgow city centre and 37 miles west of Edinburgh.