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10 Macmillan Brae, Isle Of Lewis, HS1 2YU

£70,000

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Flat

Residential

10 Macmillan Brae, Isle Of Lewis, HS1 2YU

1

bed

1

bath

1

reception

Council tax: B

Vacant Flat Opportunity

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Description

  • PRIME NEW LISTING. We are excited to present this vacant 1-bedroom flat located within a prime location on the Isle of Lewis. Home Report £85,000. 

  • **8 Napier Hill, Stornoway HS1 2YS sold for £110,000 in 2023, 8 Queensland Road, Stornoway HS1 2HG sold for £120,000 in 2023, 10 Canada Crescent, Stornoway HS1 2EH sold for £113,000 in 2023.**

  • This property offers a superb investment opportunity, with the potential to achieve £650 in rental income per month. This translates to an impressive £7,800 per annum, providing a robust 11% yield based on the guide price.

  • Nestled in a sought-after location, this flat offers more than just a home—it provides access to idyllic beaches and is steeped in unique culture and history. It is perfect for someone seeking a vibrant and enriching lifestyle in an enchanting setting.

  • Featuring a contemporary design, this property offers ample room for personalisation. It's an ideal opportunity for young professionals or first-time buyers eager to climb the property ladder and secure a rewarding residential investment.

PRIME NEW LISTING. We are excited to present this vacant 1-bedroom flat located within a prime location on the Isle of Lewis.£85,000.

The property comprises a common stairwell leading to a bright and open-plan lounge/kitchen/diner, a spacious bedroom, and a well-appointed shower room.

This property offers a superb investment opportunity, with the potential to achieve £650 in rental income per month. This translates to an impressive £7,800 per annum, providing a robust 11% yield based on the guide price.

Nestled in a sought-after location, this flat offers more than just a home—it provides access to idyllic beaches and is steeped in unique culture and history. It is perfect for someone seeking a vibrant and enriching lifestyle in an enchanting setting.

Featuring a contemporary design, this property offers ample room for personalisation. It's an ideal opportunity for young professionals or first-time buyers eager to climb the property ladder and secure a rewarding residential investment.

The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

Excellent sales evidence in the area:

**8 Napier Hill, Stornoway HS1 2YS sold for £110,000 in 2023, 8 Queensland Road, Stornoway HS1 2HG sold for £120,000 in 2023, 10 Canada Crescent, Stornoway HS1 2EH sold for £113,000 in 2023.**

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.

This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.

For further details on how to have a bidding account created, please contact the team.

Location

The Isle of Lewis is a captivating destination known for its stunning landscapes, historic sites, and rich cultural heritage. From glorious white sandy beaches to dramatic cliffs and ancient stone circles, it offers a unique blend of natural beauty and charming local traditions.

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10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£13,000

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.