2 bedroom flat for sale

An excellent opportunity for an Investor to acquire a small property portfolio of six properties all located within Falkirk’s well regarded and popular New Carron Village locale. The subjects enjoy easy access to many excellent local amenities including New Carron shopping park, in addition to the superb surrounding road and rail network. These private purpose built properties were constructed by Tilbury Douglas/Beazer Homes all lie within close proximity (Longdale Court/Longdale Avenue and Dundee Court) to each other contributing to the ease of management. Five of the flats have accommodation comprising reception hallway, sitting room, two bedrooms, kitchen and bathroom. The sixth flat comprises reception hallway, sitting room, bedroom, kitchen and bathroom. All properties enjoy the benefit of central heating, double glazing and secure entry systems. The buildings are all set within maintained residents gardens and offer unrestricted residents parking.
Currently tenanted each property complies with current letting legislation and the gross rental yield has been calculated at 8.7% significant scope exists to increase current monthly rental values and therefore increase the annual yield. An additional advantage of purchasing 6 properties as a portfolio is the considerable savings on Land and Buildings transaction tax and the avoidance of additional dwelling supplement which currently is levied at a rate of 8% for single property acquisition.Our client seeks enquiries from serious investors ideally with experience of this sector of the market. Our client will not considers to split the portfolio.

EPC Rating: D