8 Bedroom Flat for sale in Motherwell, ML1
Brandon Street, Motherwell, ML1£600,000
Agent details
This property is listed with:
43 Cadzow Street, Hamilton, South Lanarkshire,
- Telephone:
- 01698 286221
Full Details for 8 Bedroom Flat for sale in Motherwell, ML1 :
RENTAL INCOME CIRCA £47,600 PER ANNUM
An opportunity to acquire a high yielding mixed use portfolio in the centre of Motherwell. The proposition comprises eight one bedroom flats (indicative floor plan available) and five commercial premises on the ground floor.
RENTAL INCOME CIRCA £47,600 PER ANNUM
An opportunity to acquire a high yielding mixed use portfolio in the centre of Motherwell. The proposition comprises eight one bedroom flats (indicative floor plan available) and five commercial premises on the ground floor.
The present owners have maintained the building during their tenure including a new roof and replacing the double glazing in each of the flats.
Each flat comprises hallway, lounge, dining kitchen, bathroom or shower room and walk in storage cupboard.
It is worth noting that the flats may be converted from one bedroom, to two bedroom units; this will allow a higher future yield (subject to obtaining the necessary licenses and consents).
There is a residents' car park to the rear access via a private lane beneath the flats.
Current tenancy agreements and per calender month rental figures are available upon request.
Please note that one of the commercial units is exempt from the portfolio.
Amenities in the area include bus and train links, sports facilities, shopping, schooling and recreation. The M74 and M8 provide travel links throughout west and central Scotland including Glasgow and Edinburgh.
On entering Motherwell from Hamilton on Hamilton Road (A723) continue to roundabout, take 2nd exit onto West Hamilton Street, at the next roundabout take the 3rd exit onto Brandon Street.
An opportunity to acquire a high yielding mixed use portfolio in the centre of Motherwell. The proposition comprises eight one bedroom flats (indicative floor plan available) and five commercial premises on the ground floor.
RENTAL INCOME CIRCA £47,600 PER ANNUM
An opportunity to acquire a high yielding mixed use portfolio in the centre of Motherwell. The proposition comprises eight one bedroom flats (indicative floor plan available) and five commercial premises on the ground floor.
The present owners have maintained the building during their tenure including a new roof and replacing the double glazing in each of the flats.
Each flat comprises hallway, lounge, dining kitchen, bathroom or shower room and walk in storage cupboard.
It is worth noting that the flats may be converted from one bedroom, to two bedroom units; this will allow a higher future yield (subject to obtaining the necessary licenses and consents).
There is a residents' car park to the rear access via a private lane beneath the flats.
Current tenancy agreements and per calender month rental figures are available upon request.
Please note that one of the commercial units is exempt from the portfolio.
Amenities in the area include bus and train links, sports facilities, shopping, schooling and recreation. The M74 and M8 provide travel links throughout west and central Scotland including Glasgow and Edinburgh.
On entering Motherwell from Hamilton on Hamilton Road (A723) continue to roundabout, take 2nd exit onto West Hamilton Street, at the next roundabout take the 3rd exit onto Brandon Street.
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