Low-cost, tenant-occupied 2-bed in Milton — immediate income and clear re-let potential.
Freehold 2-bedroom flat with private rear garden
Set in Milton, Lesmahagow, this compact two-bedroom flat offers a straightforward freehold buy-to-let opportunity with long-term tenants in place. The property includes a lounge, kitchen, three-piece bathroom, on-street parking and a private rear garden — low-maintenance features that suit a hands-off investment strategy.
The current tenants have occupied the flat for several years and produce a reported gross income of £5,400 per year, giving clear immediate rental return from day one. The building’s traditional stone facade and period character may also attract future re-letting demand or modest value uplift with targeted cosmetic investment.
Buyers should note material considerations: the property is small (approximately 527 sq ft) and situated in an area of very high deprivation, which can affect tenant turnover and long-term capital growth. A Buyers Premium applies to secure the sale and the flat will be sold with tenants in situ — buyers must review the Let Property Pack and tenancy documents before purchase.
Overall, this is a practical acquisition for investors or developers seeking an affordable entry-priced rental with existing income, and who are comfortable managing tenanted property in a challenging local market.
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