Ready made buy to let investment

Going under the hammer is this superb opportunity to acquire this one bedroom first floor flat in Carluke, South Lanarkshire. The accommodation comprises an entrance hallway which leads to a w/c, spacious lounge with a compact but modern kitchen with a range of wall and base units and a generous bedroom with ensuite with walk in shower. The property is being sold with a tenant in situ currently paying £385 per calendar month due to increase to £425 per calendar month in May. Meaning if bought at the guide price would yield at 17% (post increase). The property also benefits from a shared garden area. This is a fantastic opportunity to add to the portfolio and given the attractive rental yield early expression of interest is highly recommended. Council Tax Band: A.

Tenure

Freehold

Area

Situated in the bustling town of Carluke, this property is close to a wide range of amenities, including schools, shops, restaurants, and sporting facilities. Carluke train station provides excellent links to Glasgow and Edinburgh, while the nearby M8, M73, and M74 motorways offer convenient access across the central belt.

Local Authority

South Lanarkshire Council

Additional Fees

Administration Charge - 3.6% inc VAT of the purchase price, subject to a minimum of £3600 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.