FOR SALE BY ONLINE AUCTION WEDNESDAY 26TH FEBRUARY 2025 AT 9.00AM. ***GREAT OPPORTUNITY TO ACQUIRE A SPACIOUS AND WELL LOCATED THREE BEDROOM HOUSE IN THE POPULAR AREA OF EAST KILBRIDE***HIGH 12% YIELD BASED ON GUIDE PRICE ( MARKET RENTAL VALUE OF £13200 PER ANNUM)***IDEAL BUY-TO-LET INVESTMENT***
***Nestled in the desirable neighbourhood of Beech Grove, this delightful three-bedroom home at number 47 offers the perfect blend of comfort, style, and convenience. Whether you're a growing family or looking to upsize, this property is designed to meet your every need.***
***SPACIOUS*** The property is comprised of entrance hall, WC/cloakroom, living room, kitchen, three bedrooms and bathroom.
***HIGH POTENTIAL YIELD*** The potential market value rent is £1100 per month. With a £13,200 annual rental income, this represents a yield of 12%
***VACANT*** The house is vacant and ready for immediate occupancy, allowing for a quick and easy move-in process or rental setup.
***CONVENIENT LOCATION*** Situated close to top-rated schools, local amenities, and excellent transport links, including nearby bus stops and East Kilbride Train Station, providing easy access to Glasgow and the surrounding areas.
***PRIVATE PARKING*** The property benefits from off-street parking, adding to the convenience and appeal of this flat.
***IDEAL INVESTMENT OPPORTUNITY*** With its prime location and spacious layout, this flat is an excellent investment opportunity for buy-to-let investors, offering strong rental potential.
***RECENT NEARBY RESIDENTIAL SALES***
* 57 Beech Grove, East Kilbride, G75 9EA (3 bedroom) - SOLD Mar'24 - £140,000
* 35 Beech Grove, East Kilbride, G75 9EA (2 bedroom) - SOLD Jun'24 - £117,000
* 9 Kilmory Court, East Kilbride, G75 9NF (3 bedroom) - SOLD Nov'24 - £193,000
***MUST BE SOLD AT AUCTION***Great opportunity to acquire a vacant three bedroom house in popular location within East Kilbride***East Kilbride has a population of approximately 75,000***Excellent Transport Links to Glasgow and ideal commuter location***This area is popular with families and investors with there being local primary & secondary schools & bus routes to the Town Centre. East Kilbride is a popular rental location with there being successful Town & Shopping centres, Hairmyres Hospital & is known for being a centre for Technological innovation. ***East Kilbride itself boasts a wide and varied range of shopping centres, retail parks, bars, restaurants and night life. Some of the local amenities include a multiplex cinema, ice rink, the Arts Centre, the Dollan Aqua Centre, as well as several Sports Centres, Golf Courses and numerous other recreational facilities. The town plays host to a variety of local clubs and societies with easy access to Calderglen, Strathclyde and Chatelherault Country Parks. It also offers a range of primary and secondary schooling, and South Lanarkshire College is located in the town.***
GUIDE PRICE: £85,000
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Three Bedroom House in East Kilbride
Potential Market Rental Value of £1,100pcm
Ideal Investment or Redevelopment Opportunity
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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