>
Tenanted Investment, Jerviston Court... 1 bed flat for sale
Tenanted Investment, Jerviston Court, Motherwell, North Lanarkshire, ML1 4BS
£23,000
Tenanted Investment, Jerviston Court, Motherwell, North Lanarkshire, ML1 4BS
£23,000
Price History
Initial price | £27,000 |
18/04/25 | £29,000 |
02/05/25 | £30,000 |
10/06/25 | £25,000 |
14/06/25 | £28,000 |
21/06/25 | £23,000 |
Price Change | -14.81% |
Description
This tenanted one-bedroom property in Motherwell is a prime investment opportunity, generating an immediate rental income of £350 per month (£4,200 per year) with a sitting tenant in place. The property is located in a popular residential area with easy access to transport links, supermarkets, and sports facilities, making it a highly sought-after location. With average rental income for a one-bedroom flat in the area being £450 per month (£5,400 per year), this property offers a low rent and potential for capital growth. The property itself comprises an entrance hallway, lounge, kitchen, double bedroom, and bathroom, enhanced by double glazing and parking. The auction will take place online, and the buyer will be required to pay a 10% deposit and the remainder of the purchase price through a licensed conveyancer. The seller is open to pre-auction offers, so interested buyers are encouraged to register and bid on this property with Braveheart Auctions.