Immediate rental income with strong connectivity and auction upside.
Tenanted at £500pcm — immediate rental income
Guide price £80,000; gross yield about 7.5% at guide price
Sold at timed online auction — purchase subject to auction conditions
Freehold flat in post‑war, street‑facing building
Fast broadband and excellent mobile signal — tenant appeal
Wider area classed as very deprived — impacts long‑term growth
Limited size/condition details; sold as‑seen — carry out survey
Council tax described as very cheap
This one-bedroom flat in central Stirling is offered at auction and currently let at £500 per month, giving a straightforward income stream from day one. With a guide price of £80,000 the current rent generates a gross yield of around 7.5% if purchased at guide, making the lot of clear interest to buy-to-let investors seeking immediate returns.
The flat occupies a post‑war, street‑facing building and is described with a bedroom, living room, kitchen and modern bathroom. Broadband speeds are reported fast and mobile signal excellent — practical advantages for modern tenants. The property is freehold and located within walking distance of many local amenities and transport links, supporting ongoing rental demand.
Important considerations: the unit is sold at auction and is tenanted, so buyers must accept an occupied sale and perform their own due diligence. The wider area is noted as very deprived, which can affect long‑term capital growth and tenant profiles. There is limited information on exact floor area and internal condition; the property will likely be sold as‑seen and may require remedial works or updating depending on inspection.
Overall, this is a pragmatic investment opportunity: immediate rental income and strong local rental demand, balanced against area deprivation and the usual risks of an auction, tenanted sale. Investors should budget for assessment, any repairs needed, and factor in the auction timescale before bidding.
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