Turnkey let with immediate income in a practical commuter location.
Tenanted at £359 pcm (£4,308 pa) providing immediate income
Advertised guide price implies a high gross yield (verify independently)
Freehold flat sold at auction — quick transaction possible
Building from 1970s; dated appearance and needs modernisation
Listing inconsistent on bedroom count (1 vs 2) — confirm legally
Area classified as very deprived; consider tenant demand risk
Excellent mobile signal and fast broadband; low council tax
Sold under ADS threshold — may limit buyer protections
This flat is presented primarily as a buy-to-let opportunity in Cumbernauld, currently tenanted at £359 pcm (£4,308 pa). At the advertised guide price, that income equates to a high gross yield — a clear draw for investors seeking immediate rental return. The property is offered freehold and will be sold at auction, which may suit buyers looking for a quick, transactional purchase.
The building is a 1970s concrete apartment block that shows signs of age and will need modernisation; internal and external descriptions mention peeling paint and a faded façade. The listing material is inconsistent about bedroom count (one reference to a one-bedroom flat, another to two double bedrooms). This discrepancy should be resolved before completion or factored into valuation and renovation plans.
Practical positives include excellent mobile signal, fast broadband potential, low council tax and a location with local amenities and road links into Glasgow, making the flat straightforward to let. However, the surrounding area is classified as very deprived and the property is described as dated; prospective buyers should allow budget and time for refurbishment and ongoing management.
Sold under the ADS threshold and marketed as turnkey due to the existing tenancy, the lot will appeal to investors comfortable buying at auction and managing short‑term upgrade work. Buyers should verify tenancy terms, check service/maintenance liabilities, and confirm the accurate internal layout and condition during survey and legal enquiries.
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