3 x tenanted properties in Falkirk for sale!!!!

Placed: 27/09/17
Region: Falkirk
Location: Falkirk
Category: Real Estate


Content of the advertisement:

Property type: Flat, Number of bedrooms: 1

Opportunity has arisen to buy 3 tenanted properties in Falkirk with sitting tenants. All 3 properties are 1 bedroom.

1. Russel Street, Falkirk. FK2 7HP
Price £57k (market value £65k)
Tenancy date 22/2/14
Rent £365pm
Yield 7.68%
I purchased this property in 2006 and has been continually rented out since then with very few void periods due to the desirability of the area and the flat itself!

2. Queen street, Falkirk. FK2 7AF
Price £42k (market value £48k)
Tenancy date 20/7/17
Rent £365pm
Yield 10.42%
I purchased this property in 2008 and has been continually rented out since then, nice big flat with a new combi boiler installed August 2017. Good size flat with large kitchen.

3. Atholl place, Falkirk. FK2 7AG
Price £31k (market value 35k)
Tenancy date 20/11/14
Rent £365
Yield 14.12%
I purchased the flat in 2008 and has been continually rented out since then with very few void periods. Building as been completely re-roofed and is on the favourable 1st floor with own main door. Great earner!!!

I'm discounting the portfolio against its true market value for a quick no nonsense sale and to incentivize any prospective buyer.

To summarise

£130k for all 3 properties
Discount £18k

£13 140 yearly rent
Combined yield - 10.10%

If your are serious about buying this property please call me to discuss further.

Price / Salary: £130,000.00