Two bedroom first floor flat

New to auction is this two bedroom, first floor flat in the Carbrain area, close to Cumbernauld town centre. The accommodation comprises spacious lounge and kitchen , two bedrooms and a bathroom. The property requires a programme of upgrade works which presents a great opportunity to add value to the competitive Guide Price which offers an outstanding 23% discount against the £30,000 Home Report valuation. On completion of works, the published LHA figures show a potential rental income in excess of £6,500 p.a. whilst the buoyant rental market may produce even stronger numbers. This is an ideal addition to a buy to let portfolio, but could also be a perfect starter home. Strong interest is anticipated, and early viewing is essential. Council tax band A.

Tenure

Freehold

Area

The Carbrain area is located a short distance from Cumbernauld Town Centre where you will find an abundance of supermarkets, coffee shops, bars and of course the Antonine Shopping Mall. The main motorway links are also close by bringing both Glasgow and Edinburgh within easy reach.

Energy Efficiency Rating (EPC)

Current Rating D

Local Authority

Cumberland 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.