One bed room residence in Falkirk auctioned for lower than a London residence deposit
A one-bedroom residence in liveable situation is offered for simply £ 14,000 – lower than the price of a deposit for the same residence in London.
The small residence in Falkirk has long run tenants and facilities reminiscent of central heating and a communal backyard.
The modest residence – which is described as an ‘funding alternative’ – is being auctioned for a worth just like depositing a one-bedroom residence in London.
At Purley Means, Croydon, a deposit may attain £ 14,750 – with a mortgage of £ 162,250.
Falkirk’s small block – 24 Birnam Place, Ladysmill – has a bed room, entrance room, kitchen, and loo.
Tenants have been residing there since 2018 and it was valued at £ 35,000 – however it’s now being offered for £ 14,000 by Future Property Auctions on Friday.
The residence has already attracted bidders and the auctioneers have steered that it’s splendid for renter house owners.
John Morris, Managing Director of Future Property Auctions, stated: “The property is obtainable at a really engaging worth.
“We have now already acquired a number of affords to purchase it earlier than it goes up for public sale.
“The property shall be offered to the best bidder on the public sale on Friday April 9.
“The property is attractively priced and has a housing ratio of £ 35,000, so it’s being supplied greater than 50% under its precise worth.
“With a long run tenant within the property, it is a straightforward, inexpensive funding that’s certain to do effectively for the client.”
On the different finish of the dimensions, a nine-bedroom mansion with its personal tennis courts and 13,000 sq. ft of area has been put available on the market close to Glasgow.
Punchbowl Home in Strathblane is described as “one among Scotland’s best” – and has 2.75 acres of grounds, seven operate rooms, a library, a billiard room with a bar, a health club and a swimming pool with jacuzzi, sauna, hammam and bathe amenities.
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And the outdated man’s home Celtic and Scotland boss Jock Stein has been on sale in Glasgow.
The ’60s-style constructing sits subsequent to sandstone villas on a quiet aspect road within the city’s Newlands, with the three-bedroom property on the market at £ 255,000.
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