1 bedroom flat for sale

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1 bedroom flat for sale

42, East Main Street, Flat 1, Broxburn, West Lothian, EH525AE
£44,000

Price History

Initial price £53,000
18/01/25 £43,000
25/01/25 £55,000
01/02/25 £44,000
08/02/25 £55,000
15/02/25 £44,000
Price Change -16.98%

Description

This property is a top-floor one-bedroom flat in Broxburn, West Lothian, which is being sold by auction on February 20, 2025. The property requires upgrading and has a realistic rent potential of £750 per month, generating an annual income of £9,000 and a yield of 18% if achieved for the guide price. The property is located in a prime area with easy access to local amenities, shops, and transport links. Broxburn is a popular town with a strong school system, including Broxburn Academy, which is one of the top state academies in Scotland. The property is being sold on a cash-only basis due to a defective building notice issued by the local council, making it unsuitable for mortgage purposes.