Summary - 2C, MOSSVIEW CRESCENT, AIRDRIE ML6 9PQ
2 bed 1 bath Flat
Immediate rental income with room for value uplift.
Long-term tenant in place, producing £5,400pa gross
A practical two-bedroom flat in Airdrie, offered freehold with a long-term tenant in situ. The building is a sturdy mid-20th-century brick block with communal front and rear garden areas and shared off-street parking. The current tenant has lived here for several years and pays an annual gross rent of £5,400, giving an approximate gross yield of about 9.8% at the asking price of £55,000.
The accommodation is a traditional layout across approximately 646 sq ft: two bedrooms, lounge with fireplace, kitchen and one bathroom. The flat benefits from double glazing, fast broadband, and excellent mobile signal. Its size and configuration suit standard lettings, and the property is presented as a straightforward buy-to-let acquisition with immediate income.
Material considerations: the property sits in a very deprived area and forms part of a communal block with shared outdoor spaces. The current tenancy indicates there is likely no vacant possession on completion, and a Buyers Premium applies to secure the purchase. Investors should review the Let Property Pack for full tenancy and income details and allow for standard maintenance and possible refurbishment to maximise future rents.
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