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Tenanted 2 Bedroom Flat for Auction Coatbridge ML5
Auction Date
26 June 2025
Guide Price
£47,000
Property Summary
Enjoy rental income from day one with this tenanted two bedroom second floor flat in Coatbridge, North Lanarkshire. The tenant has been in situ for more than five years with an excellent rent payment profile. Also offers an excellent opportunity to add value through upgrade works. The current rental of £425 per calendar month offers immediate rental yield of 10.8% at guide price, with a rental increase to £548 per calendar month effective from 26th July 2025 equating to an impressive 14%. This property would make an ideal addition to a rental portfolio, but could equally be a great start to a buy to let journey.
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