- Sold as seen
- No Viewings Available
- £60,000 HR
- Auction Date: 22nd April
This Two-bedroom quarter villa project property positioned within Bellshill offers the rare opportunity to an ambitious investor looking for a profitable property once renovated for the rental market or to flip. Coming to Auction on the 22nd of April.
From an investors point of view, this property would look to achieve a rental income of around £650PCM and a staggering yield of over 14% if secured at the guide price of £55,000.
Bellshill lies 10 miles southeast of Glasgow city centre, a great location for commuters. The area has many local amenities such as a large Tesco extra, Morrisons and Aldi, there is plenty of education facilities, one of Scotlands largest Mosques and Bellshill train station provides frequent links to Glasgow city centre. The rental market in this area is popular as the large shops will be a good source of local employment, and the city centre is a short distance for city workers and students.
We would urge you to register a couple of days in advance as we cannot guarantee you will be registered on time to bid if we only receive your documents on the day of the auction.
It is imperative that you register to bid in the name you wish the property to be registered with Land Registry on completion. If buying in a company name, please ensure to detail the company name on the registration. Once the property is exchanged, the vendor could decline to accept any change.
Buyers should review the legal pack with their solicitor and ensure they do their own due diligence before deciding to purchase.
All property offered at auction is under an unconditional contract, requiring the successful buyer to pay a 10% non-refundable deposit and complete within the terms of the contract, which will normally be 14 or 28 days. For these reasons, it is suitable for cash buyers only.
For any further information, please contact the Wilsons Auctions Property Department
Property Ref: WAD250193
1 Bedroom Flat | Guide Price £55,000
This self contained flat on the preferred ground floor enters into the front vestibule, the flat being bright and spacio...
Froghall Place, Aberdeen, AB24
3 Bedroom Flat | Guide Price £55,000
Ex local authority three bed flat with rental potential of £750PCM in Aberdeen City. This first floor flat enters into h...
2 Bedroom Flat | Guide Price £55,000
Traditional Attic Flat with Two Bedrooms, Perfect for Rental. This attic flat is located on the second floor of a tradit...
Site At A760, Lochwinnoch, Ayrshire, PA12
Land | Guide Price £59,000
This rarely available site extends to 3.5 acres (1.4 hectares) perfect for agriculture or grazing. With the correct perm...
Lainshaw, Kilwinning, North Ayrshire, KA13
3 Bedroom Terraced House | Guide Price £59,000
This property opens at ground level in to a porch and hallway that leads through to a spacious lounge area with dining r...
Kirkside, Alness, Highland, IV17
2 Bedroom End of Terrace House | Guide Price £59,000
Ex Local Authority End Terraced House with Two Bedrooms, Perfect for Investment. This end terraced enters into the downs...
Wilsons Auctions Dalry (Dalry)
Dalry, Ayrshire, KA24 4LG
Use our short form to request a valuation of your property.
Request a Valuation