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House For Sale £85,000
Craigneuk Avenue, Airdrie, North Lanarkshire ML6


Description
Earn instant income on this already tenanted investment opportunity - not suitable for owner occupiers! This excellent three bedroom mid terrace is located just 25 minutes from Glasgow city centre.

This wonderful three bedroom mid terrace comprises of; entrance hallway leading to a spacious lounge with double glazed window to the front; fully fitted kitchen with all appliances included and utility room; three double bedrooms all with double glazed window; three piece family bathroom with shower over bath. The property also comes with generously sized front and rear gardens, as well as on street parking.

The average price for property in ML6 8AW stood at £86,680 in June 2021. This is a rise of 1.89% in the last three months (since March 2021) and rise of 8.89% since 12 months ago (Zoopla), making now the perfect time to invest in Airdie. Craigneuk avenue is just 25 minutes away from Glasgow city centre, making this an excellent location for tenants and residents who are commuting to the city. There is a strategy - for the period up until 2023 - which sets out how Invest Glasgow and partners will work together to ensure that Glasgow is promoted as a sustainable location of choice for investors in order to bring more and better quality jobs, and to boost fair work and productivity.

Financial Breakdown

Gross rent: £5,940
Ground rent: £0
Service charge: £0
Lettings fees: £0
Net income: £5,940
Gross yield: 6.99%
Net yield: 6.99%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-16678

Follow the link for more information:
        
zoopla.co.uk

  
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