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Coronation Street, Carstairs ML11 3 bed flat for sale
Coronation Street, Carstairs ML11
£60,000
Coronation Street, Carstairs ML11
£60,000
Price History
Initial price | £70,000 |
15/04/25 | £60,000 |
Price Change | -14.29% |
Description
This tenanted 3-bedroom flat in Carstairs, South Lanarkshire, is a rare auction property offering an exceptional annual gross yield of 8.14%. Currently rented out for £475 per calendar month, generating £5,700 per annum, this property is an excellent investment opportunity for a shrewd investor. The flat is professionally managed and fully compliant, making it a turnkey investment property. The local area has seen strong demand recently, with nearby properties selling for £95,000 and £99,500. The property is located in a charming village with a peaceful rural setting, rich history, and excellent transport links, making it an attractive location for commuters seeking a quieter lifestyle. The property will feature in an upcoming timed online auction, and interested buyers can participate by creating a bidding account.