3 bed Flat For Sale £65,000
Mill Court, Rutherglen G73

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• Prime Property Auctions New Entry spacious Buy-to-Let, 3 bedroom flat located in the popular residential area of Rutherglen, Glasgow *Home report value £80,000 / Guide of £65,000*

 

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• * 96, Brownsdale Road, Rutherglen, Glasgow, Lanarkshire G73 2RQ sold for £138,000. 50, Mill Court, Rutherglen, Glasgow, Lanarkshire G73 2SF sold for £133,300 Jun 2022 *

 

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• Property currently at £650 tenanted and could demand rental of £725- £790 pcm (£8,700- 9,480 p/a) providing an excellent gross yield of 13%- 14.5% based on the guide price of £65,000

 

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• Excellent turnkey investment set in a desirable area with great access to motorways, local amenities, schools and sports facilities.

 

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• Sure to appeal to shrewd buy to let investors looking for a great investment opportunity

 

Prime Property Auctions New Entry spacious buy to let, 3 bedroom flat located in the popular residential area of Rutherglen, Glasgow * Home report value £80,000 / Guide of £65,000*

 

Property comprises: Hallway entrance, 3 spacious bedrooms, Livingroom, Kitchen, WC. Property benefits from gas central heating, double glazing and ample storage throughout. Council Tax Band: B 

 

Excellent turnkey investment set in a desirable area with great access to motorways, local amenities, schools and sports facilities.

 

Sales Evidence: 

 

* 78, Mill Court, Rutherglen, Glasgow, Lanark G73 2SF sold for £86,500. 50, Mill Court, Rutherglen, Glasgow, Lanarkshire G73 2SF sold for £133,300 Jun 2022 *

 

Property currently tenanted at £650 p/m (£7,800 p/a) and demands a gross yield of 12% based on the guide price. 

 

Sure to appeal to shrewd buy to let investors looking for a great investment opportunity

 

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer Now” button on our website.

 

This property is offered at a fantastic price to ensure an Auction sale.

 

The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.

 

Property currently tenanted and could demand rental of £725- £790 pcm (£8,700- 9,480 p/a) providing an excellent gross yield of 13%- 14.5% based on the guide price of £65,000

 

Location: 

 

Rutherglen, nestled in the bustling heart of South Lanarkshire, offers a promising investment opportunity with its strategic location and potential for growth. As a historic town with a rich industrial heritage, Rutherglen boasts a diverse economy supported by sectors such as manufacturing, retail, and services. Its proximity to Glasgow and excellent transport links make it an attractive destination for businesses and commuters. Investors can capitalise on Rutherglen's expanding housing market, urban regeneration projects, and community initiatives to drive economic development. Additionally, the town's cultural landmarks, recreational amenities, and green spaces create opportunities for tourism and leisure ventures. Investing in Rutherglen not only promises financial returns but also contributes to the ongoing revitalization and prosperity of this vibrant community in Scotland.