Flat for sale in Reid Street, Airdrie ML6

Fixed price £75,995
Interested in this property? Call +44 131 268 9576 * or Request Details

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Flat for sale - 3 bedrooms

3 1 1

Tenure:
Freehold
Council tax band:
Not available

Property features

  • Buy-to-Let Investment Property
  • Tenanted & Fully Compliant
  • 3 Bedrooms
  • Home Report : £85,000
  • Current Yield £575pm
  • Current Rental 9.1%
  • EPC Rating: C
  • 78 sq m
  • Price Includes Inventory Items & Safety Certificates

Property description

This modern, well-presented main-door upper villa is situated within an established residential area of Airdrie, offering three bedrooms, an open-plan kitchen, living, and dining room, and a bathroom, plus a private garden area and access to unrestricted on-street parking.

The property’s private ground-floor entrance opens to a staircase which leads to a first-floor hall. At the end of the hall, a generous open-plan kitchen, living, and dining room awaits, presenting an ideal space for everyday family life and entertaining alike. The living room is presented with tasteful décor and wood-styled flooring, whilst the kitchen comes appointed with modern wall and base cabinets, spacious worktops, and splashback tiling. An oven, hob, and extractor hood are integrated, whilst provision is made for freestanding an undercounter appliances. The villa’s three bedrooms are spacious and airy, offering plenty of space for freestanding bedroom furniture, with all three further benefiting from built-in storage. The bathroom completes the accommodation on offer and comprises a bath with an overhead shower, a WC-suite, and a towel radiator. The property has a gas central heating system and the windows are all double-glazed. Externally, the villa has its own private garden, whilst parking on Reid Street is conveniently unrestricted.

The property is being sold with the tenants in situ as a buy-to-let investment and is fully compliant with prt, property inventory, eicr, gas safety, pat, legionella risk assessment, and deposit certificate. The tenant has been a resident since April 2017 providing rental income on day 1 of purchase, the current tenancy generates an annual rental income of £6,900. Please note, for a future tenancy the property has the potential to secure £7,800 and generate a yield of 9.8%. The property is sold as seen and the sale price includes all the inventory items.

Airdrie is a town in North Lanarkshire, situated under 16 miles from Glasgow city centre. It has a long and rich local history and is now a popular choice to live for families and professionals alike, with its swift access to Glasgow and Edinburgh city centres, West Lothian, and further afield appealing to commuters. The town has two train stations (Airdrie and Drumgelloch), with services to Bathgate taking as little as 18 minutes, Glasgow Queen Street taking 23 minutes, and Edinburgh reachable in 43 minutes. Airdrie is home to excellent amenities including several major supermarkets, high street stores, independent retailers, a Post Office, hairdressers, barbers, and beauty salons, as well as a range of cafés, coffee shops, bars, restaurants, and takeaways. For the active type, Airdrie Leisure Centre offers a gym, fitness classes, games halls, sports pitches, and athletics facilities, with the John Smith Pool featuring a swimming pool, sauna, steam room, and a gym. Additional fitness facilities, sports groups, and classes are available in the town, ensuring there is something for everyone. The Timpe Capsule in neighbouring Coatbridge offers an indoor waterpark, an ice rink, and a soft play. The area is also home to wonderful outdoor spaces, with the town itself enjoying a number of parks and Drumpellier Country Park a short drive away. Airdrie also has its own professional football team, Airdrieonians fc, whose home ground is Excelsior Stadium in the town. Airdrie offers schooling from nursery to secondary level within the town, with further education available at nearby Coatbridge’s New College Lanarkshire campus, and of course Glasgow and Edinburgh’s many excellent choices. Independent schools can also be found nearby and in both cities. As well as excellent rail services, the town benefits from regular buses connecting across the county and beyond, and major road links make travelling by car fast and efficient

Property info

Floorplan(s): Floorplan 1

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Portolio, and do not constitute property particulars. Please contact Portolio for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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