***Massive former hmo in Popular Rental district ***2 storey Duplex Flat with Strong Tenant Demand***The property comprises 6 Large Bedrooms, boxroom, bathroom & a separate Dining Kitchen***Ready to Re-Let with GCH & D/G*** Estimated Rental income of circa £20,000 per annum (rented as bedsits)***Highly Sought after Town Centre Location*** Substantial 2 storey Upper Duplex Flat in the popular town of Grangemouth. This flat comprises: 7 Main Rooms, a separate boxroom, a main Bathroom and a further toilet***Previously operated as a house of multiple occupancy***This use could be re established creating a potentially lucrative income stream in excess of £20,000 per annum***Over 33% gross rental return at Guide Price*** ***Expected residential rental yield of 33%***Ready to be re-let as rental property***Popular destination for transient workers seeking short term bedsit accommodation*** Grangemouth is one of the Main Ports in the United Kingdom & Has the Largest container terminal in Scotland***huge tenant demand*** 100% Prime Town Centre Rental Location***being sold by asset managers***This property was previously sold for £80,000 (May 2015)***3 Union Road Sold £70k**32 Union Road Sold £78k*** Incredible Opportunity to create a very high yielding House of Multiple Occupancy Investment*** Grangemouth Refinery is one of only 6 oil refinery’s in the U.K and the only 1 in Scotland***It is a major Regional employer and makes an enormous contribution to the Scottish economy*** established location for transient workers*** Whyte & Mackay have of their main modern, purpose built, production and distribution facilities in Grangemouth** This property being offered for sale by asset managers is an exceptional opportunity to acquire a former House of multiple occupancy that could easily be re-established with a potential Yield in excess of 33%*** With Strong tenant demand from local Working Population***
Grangemouth has a strong local economy benefiting from having a substantial Whyte & Mackay bottling plant and a World famous oil refinery. Furthermore, the town benefits from being one of the main ports within the United Kingdom. Grangemouth town centre is further enhanced with comprehensive shopping facilities ***Excellent Rarely Available Opportunity***
Auction Details
19 March 2019,7.00pm
Glasgow Radisson Hotel, 301 Argyle Street, G2 8DL
Bid Now
You may submit an offer now on any of our live properties for the sellers to consider. Submit an enquiry now or visit our auction website for full details on how to bid now.
Future Property Auctions - Scotland's Largest Land and Property Auction House. Over 300 lots auctioned every 6 weeks including flats, houses, land & commercial.
Get a Fast Sale and a Fair Price with Future Property Auctions. Contact Us now for a free Auction Valuation.
Disclaimer Property descriptions and related information displayed on this page are marketing materials provided by Future Property Auctions. estateagents365.uk does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Future Property Auctions for full details and further information.