Features
- Buy-to-let Investment
- Tenanted & Fully Compliant
- 2 Bedrooms
- Rental £575pm
- Home Report : £75,000
- Yield 9.9%
- Unfurnished Let
- 72 sq m
- EPC Rating: C
- No Buyer Fees
Description
Tenanted 2 bedroom buy-to-let investment property in Lesmahagow. This ground floor property is located within a modern development with the accommodation comprising an entrance vestibule, hall, spacious lounge, master bedroom with ensuite shower/wc, 2nd double bedroom, kitchen, and bathroom with wc. The property benefits from having gas central heating, double glazing, well keep communal areas, residents parking, 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 tenant has been resident since May 2018 providing rental income on day 1 of purchase. The current tenancy generates an annual rental income of £5,314.68 representing an immediate yield of 7.6%. The rental from November will be £575pm which generates a yield of 9.9%. The property is sold as seen and the sale price includes all the inventory items. The Home Report value is £75K. The building has a factoring charge of approximately £730pa. Lesmahagow is a town in South Lanarkshire approximately 30 minutes by road south of Glasgow.