Auction lot near train station — refurbishment opportunity for yield-focused buyers.
Sitting tenant paying £350 per month
This three-bedroom mid-terrace in Carbrain offers straightforward investor potential: a sitting tenant pays £350pcm, and local comparable sales sit near £85,000. The house includes a lounge, dining kitchen, three upstairs bedrooms, ground-floor bathroom and a rear garden. It is close to Cumbernauld town centre, train station and bus links, which support ongoing rental demand.
The property will be sold at auction with a deadline for offers; interest should focus on yield and repositioning rather than immediate high rent. The building appears to require modernization and cosmetic updating — expect spending on kitchen, bathroom and general refurbishment to reach local market rents or resale values. Tenure is unknown and should be checked before bidding.
Buyers should note material negatives: the area is classified as very deprived and locally “hard-pressed,” and the current rent is low relative to comparable sales, producing modest immediate income. Auction purchase is final and often excludes typical protections; factor legal, repair and refurbishment costs into any offer. For a hands-on investor prepared to refurbish and relet, the location and comparables suggest upside once upgraded.
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