£85,000 Guide Price

137 Troon Avenue, East Kilbride, G75 8TL

211775744

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4

days

7

hours

32

minutes

7

seconds

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4

days

7

hours

32

minutes

7

seconds

Ownership

Occupation

Bedrooms

3

Council Tax

Band: B
Tenanted Residential Investment Opportunity

Details

Property Summary

  • Prime Property Auctions is excited to present this excellent investment opportunity, a 3 bedroom spacious terrace house, located within the popular buy-to-let area of East Kilbride. Sold with owner not in possession *** RARE AUCTION PROPERTY ***

 
  •  ***179, Troon Avenue, East Kilbride, Glasgow, Lanarkshire, G75 8TL Sold for £156,000 in July 2023, 161, Troon Avenue, East Kilbride, Glasgow, Lanarkshire, G75 8TL ***

 
  • Property is currently tenanted at a rent of £575 per month (£6,900 per annum) which would generate a gross yield of 7.26% if achieved at the guide price. Property could achieve between £800 - £850 per month in rent (£10,200 per annum) which would generate a fantastic gross yield of 10.7% if achieved at the guide price. *** POTENTIALLY HIGH YIELDING INVESTMENT OPPORTUNITY ***

 
  • If run as an Airbnb or short term let, the property could achieve a nightly rent of £138, generating £40,296 per annum based on an 80% occupancy rate. This would generate an IMPRESSIVE GROSS YIELD of 42.4% if achieved at the guide price. *** SURE TO APPEAL TO A SHREWD INVESTOR ***

 
  • The property is located near a whole host of local amenities including a shopping centre, restaurants and coffee shops, close to schools with public transport easily accessible nearby. *** PRIME LOCATION ***

 

Prime Property Auctions is excited to present this excellent investment opportunity, a 3 bedroom spacious terrace house, located within the popular buy-to-let area of East Kilbride. Sold with owner not in possession 

 

*** RARE AUCTION PROPERTY ***

 

 ***179, Troon Avenue, East Kilbride, Glasgow, Lanarkshire, G75 8TL Sold for £156,000 in July 2023, 161, Troon Avenue, East Kilbride, Glasgow, Lanarkshire, G75 8TL ***

 

Property is currently tenanted at a rent of £575 per month (£6,900 per annum) which would generate a gross yield of 7.26% if achieved at the guide price. Property could achieve between £800 - £850 per month in rent (£10,200 per annum) which would generate a fantastic gross yield of 10.7% if achieved at the guide price. 

 

*** POTENTIALLY HIGH YIELDING INVESTMENT OPPORTUNITY ***

 

If run as an Airbnb or short term let, the property could achieve a nightly rent of £138, generating £40,296 per annum based on an 80% occupancy rate. This would generate an IMPRESSIVE GROSS YIELD of 42.4% if achieved at the guide price. 

 

*** SURE TO APPEAL TO A SHREWD INVESTOR ***

 

The property is located near a whole host of local amenities including a shopping centre, restaurants and coffee shops, close to schools with public transport easily accessible nearby.

 

*** PRIME LOCATION ***

 

The local areas have seen some great sales recently showing that there is strong demand recently, should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.

 

This lot is open to immediate offers and 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:

 

East Kilbride, situated in South Lanarkshire, presents an attractive investment opportunity with its strategic location and diverse economy. As one of Scotland's largest towns, East Kilbride boasts a thriving business sector, including retail, technology, and manufacturing. Its proximity to Glasgow and excellent transport links make it an ideal destination for businesses and commuters. Investors can capitalise on East Kilbride's expanding housing market, urban regeneration projects, and community initiatives to drive economic growth. Additionally, the town's cultural attractions, recreational amenities, and green spaces create opportunities for leisure and tourism ventures. Investing in East Kilbride offers both financial returns and the chance to contribute to the ongoing development and prosperity of this vibrant community in Scotland.
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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.

Property Features

  • Prime Property Auctions is excited to present this excellent investment opportunity, a 3 bedroom spacious terrace house, located within the popular buy-to-let area of East Kilbride. Sold with owner not in possession *** RARE AUCTION PROPERTY ***
  •  ***179, Troon Avenue, East Kilbride, Glasgow, Lanarkshire, G75 8TL Sold for £156,000 in July 2023, 161, Troon Avenue, East Kilbride, Glasgow, Lanarkshire, G75 8TL ***
  • Property is currently tenanted at a rent of £575 per month (£6,900 per annum) which would generate a gross yield of 7.26% if achieved at the guide price. Property could achieve between £800 - £850 per month in rent (£10,200 per annum) which would generate a fantastic gross yield of 10.7% if achieved at the guide price. *** POTENTIALLY HIGH YIELDING INVESTMENT OPPORTUNITY ***
  • If run as an Airbnb or short term let, the property could achieve a nightly rent of £138, generating £40,296 per annum based on an 80% occupancy rate. This would generate an IMPRESSIVE GROSS YIELD of 42.4% if achieved at the guide price. *** SURE TO APPEAL TO A SHREWD INVESTOR ***
  • The property is located near a whole host of local amenities including a shopping centre, restaurants and coffee shops, close to schools with public transport easily accessible nearby. *** PRIME LOCATION ***

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