31% Below Market Value Property In Livingston, Scotland
I am happy to offer this below market value property. For further information or details on how to secure this property today, call us now on 01903 868 597.
A two bedroom third floor purpose built flat with lounge, kitchen and shower room. The property forms part of a large development of similar flats located directly to the east of Livingston town centre. The property having been built circa 2002 has gas central heating and double glazing.
We understand from the owner that the flat has a maintenance charge of approximately £50 pcm which includes buildings insurance. The flat currently has a tenant paying £525pcm. The property has a recent Home Report dated 13th July 2012 with the valuation stated at £95,000. We have the property available at a reduced price of £66,000.
Purchase Price: £66,000
Estimated Discount: £29,000
Estimated Rental Yield: 9.5%
Rental Estimate: £525 pcm
Estimated Solicitor Cost: £1,000
Livingston is a town in West Lothian, Scotland. It is the fourth post-WWII new town to be built in Scotland, designated in 1962. It is about 15 miles (25 km) west of Edinburgh and 30 miles (50 km) east of Glasgow, and is bordered by the towns of Broxburn to the northeast and Bathgate to the northwest.
Livingston is the biggest town in West Lothian. It was built around a collection of small villages, Livingston Village, Bellsquarry and Livingston Station (now part of Deans).
It has a number of residential precincts or areas. These include Craigshill, Howden, Dedridge, Ladywell, Knightsridge, Murieston, Adambrae, Deans, Deer Park and Eliburn. The core locality of Livingston is defined by the General Register Office for Scotland (GRO) as including Uphall Station and Pumpherston. The wider urban settlement area also includes Mid Calder and East Calder.
Other neighbouring villages include Kirknewton, Polbeth and West Calder. The 2001 census showed the town had a locality population of 50,826 (24,451 male and 26,375 female) and an urban settlement population of 59,511. The town’s current locality population is estimated to be 54,740 and the urban settlement population is 63,160 (2008 GRO mid-year estimates released in 2010).