Guide Price £38,000.00
Guide Price £38,000
***GOING TO ONLINE AUCTION***
Brighton & Beck are delighted to present this two-bedroom flat in Shiel Walk, Livingston, offering an excellent opportunity for property investors, developers and experienced buy-to-let purchasers.
The property is accessed through a secure communal entrance and is arranged over one level, and comprises an entrance hallway, a generously proportioned living room, fitted kitchen, two bedrooms, bathroom and useful internal storage.
The flat requires refurbishment and modernisation, and once renovated, the property should provide well-proportioned and practical accommodation suitable for the local private rental market. The two-bedroom layout, established residential setting and proximity to Livingston’s employment, shopping and transport amenities are expected to support strong tenant demand.
The property is being offered at a discount of 38%, presenting scope for capital uplift following refurbishment. Based on the proposed purchase price and anticipated rental income, the property offers a potential gross rental yield in excess of 20%+.
Shiel Walk is situated within Livingston, one of West Lothian’s principal residential and commercial centres. The town is a well-established commuter and employment location, positioned between Edinburgh and Glasgow and benefiting from good access to the wider motorway and public transport networks. Livingston provides an extensive range of amenities, including major retail centres, supermarkets, restaurants, leisure facilities, schools and healthcare services. The town is also home to a significant concentration of commercial, industrial and technology employers, supporting sustained demand for conveniently located rental accommodation.
The surrounding area comprises established residential development, with local shops, everyday services and public transport connections available nearby. Livingston’s strategic central-belt location makes it popular with tenants working locally or commuting towards Edinburgh, Glasgow and other parts of West Lothian. The combination of local employment, transport connectivity and comparatively accessible property values makes Livingston an established buy-to-let market. Following refurbishment, the property should appeal to couples, small families and working tenants seeking affordable two-bedroom accommodation within easy reach of the town’s principal amenities.
Important Note
The latest published guide price is displayed on the website. The reserve price is the minimum price at which the property may be sold. The guide price represents the minimum price at which the seller may be prepared to sell on the date the guide price is published.
Both the guide price and the reserve price may be subject to change up to and including the day of the auction. All guide prices are quoted “subject to contract.” The reserve price may be higher than a previously quoted guide price. The guide price will be published online as soon as it becomes available. Lots may be sold or withdrawn prior to the auction.
Auction properties are subject to a buyer’s premium of a minimum of £4,000.00 + VAT (£4,800.00).
Each property listing will state the applicable buyer’s premium. For further information regarding a property’s buyer’s premium or any related fees, please contact a member of the team.