Features
- Buy-to-let Investment
- Tenanted & Fully Compliant
- EPC Rating C
- 74 sq m
- Home Report £70K
- 2 Bedrooms
- Unfurnished Let
- Current Rental £500pm
- Current Yield 9.1%
- No Buyer Fees
Description
Tenanted 2 bedroom buy-to-let investment property in Coatbridge. The property is a first and second floor maisonette flat within a three storey terraced block. The accommodation comprises on the first floor of an entrance hall, living room, and kitchen. The second floor has a landing, two bedrooms and a shower room. The property benefits from having double glazing, gas central heating and being fully compliant for the rental market.
The property is being sold with the tenants in situ as a buy-to-let investment property. The property is fully compliant and the long-term tenant has been resident since 2019 providing rental income on day 1 of purchase. The current tenancy generates an annual rental income of £6,000 representing an immediate yield of 9.1%. The property is let unfurnished and is sold as seen. The Home Report value is £70K.
Coatbridge is a town in North Lanarkshire, Scotland, situated about 8 miles east of Glasgow. This bustling town has an execellent mix of historic landmarks, modern developments, and green spaces. Coatbridge is an attractive location for buyers due to its strong community ties, rich industrial heritage, and convenient proximity to Glasgow.