- EPC: Band B
- Auction Date: 14th January
Ground floor flat located in Motherwell. This property comprises a sitting room, kitchen, bathroom and Two bedrooms. This property benefits from its size but does require some TLC so would suit an investor.
This property would look to achieve a rental income of around £550PCM and a yield of over 14% if secured at the guide price of £28,000.
Motherwell lies 15 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 and Motherwell 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: WAD250248
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