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One-bedroom flat in Cumbernauld

Cumbernauld, G67 - Get Access

1 bed 1 bath

Description

Ground floor flat requiring upgrading throughout. This ex-local authority flat is located within a quiet residential area, within walking distance of Abronhill and The Vault Glen. The property requires a degree of upgrading and comprises a lounge/bedroom, kitchen, storeroom, and bathroom. It features gas connections (not connected) and benefits from a door entry security system. The building has a common bin store/refuse chute, painted plaster walls and ceilings to the common stair, formed in concrete, with metal handrails and timber-framed windows. The property is situated in Carbrain, close to the town centre, with amenities available within reasonable distance. Cumbernauld benefits from a selection of shops, cafés, pubs, and bakeries, and is located a short distance from Cumbernauld Town Centre and New College Lanarkshire campus. The M80 access ramp at Junction 5 provides easy access to Glasgow, Stirling, and Edinburgh. The property has a net area of 40 sq.m. Local Housing Authority rental potential is £5,265 per annum. Council Tax is Band A. This is an ideal rental property or starter flat. EPC Rating is Band E. Vacant possession with immediate entry available. Prices in the G67 2LE area have an overall average of £72,889 over the last year, with terraced properties selling for an average of £83,986 and flats for £47,073. Sold prices in the area have increased by 6% year-on-year. Potential rental income is estimated at £450 per calendar month.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
Medium confidence Floor Area: 396 sq ft (Floor plan)

The property is a ground floor, one-bedroom flat in Cumbernauld. It requires significant upgrading throughout, including damp remediation and updating of the kitchen and bathroom. The valuation is primarily based on the sale prices of similar flats in the immediate vicinity, adjusted for the subject property's poor condition and the need for renovation. The floor area has been taken from the provided floor plan.

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