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Description

  • Status: Available
  • Type: Portfolio
  • Ownership: Freehold
  • Occupation: Tenanted

Residential Portfolio of Three Tenanted Flat all managed by a professional letting agency in Helensburgh. IMMEDIATE RENTAL INCOME of £17,700 PER ANNUM. POTENTIAL CAPITAL GROWTH INVESTMENT.

Property 1: 147 Glasgow Rd, Flat 1-2, Dumbarton, G82 1RQ (1 Bed Flat) – Rent £375 pcm - £4,500 per annum. Entrance hallway, spacious living room, large double bedroom, fitted kitchen and bathroom.

Property 2: 35 East King Street, Helensburgh, G84 7QJ (2 Bed Flat) – Rent £650 pcm - £7,800 per annum. Entrance hallway, dining area, two bedrooms, spacious living room and separate kitchen.

Property 3: 37 East King Street, Flat 1-2, Helensburgh, G84 7QJ (1 Bed Flat) - Rent £450 pcm - £5,400 per annum. Hallway, double bedroom, spacious living room with dining area, bathroom and kitchen.

PERFECT BUY TO LET PORTFOLIO ADDITION with THREE settled tenants in place with immediate rental income. MANAGED by Lomond Lettings, Helensburgh. PERFECT INVESTMENT PROPERTIES - Super rental locations.

PERFECT INVESTMENT OPPORTUNITY. Portfolio of THREE TENANTED flats located in the towns of HELENSBURGH and DUMBARTON. ANNUAL RENTAL INCOME of £17,700 PER ANNUM. POTENTIAL CAPITAL GROWTH INVESTMENT. Property 1: 147 Glasgow Rd, Flat 1-2, Dumbarton, G82 1RQ (1 Bed Flat) – Rent £375 pcm - £4,500 per annum. Entrance hallway, spacious living room, large double bedroom, fitted kitchen and bathroom. Property 2: 35 East King Street, Helensburgh, G84 7QJ (2 Bed Flat) – Rent £650 pcm - £7,800 per annum. Entrance hallway, dining area, two bedrooms, spacious living room and separate kitchen. Property 3: 37 East King Street, Flat 1-2, Helensburgh, G84 7QJ (1 Bed Flat) - Rent £450 pcm - £5,400 per annum. Hallway, double bedroom, spacious living room with dining area, bathroom and kitchen.

Dumbarton is a large town in the west of Scotland, roughly a half hour drive into Glasgow city. The nearby major trunk roads of A82 and A814 provide access to the motorway network easing commuting to major towns and cities within the western and central belt of Scotland and to Glasgow International Airport. Shopping locally is available at Dumbarton East, High Street and St James Retail Park, also within ten minutes level walk of the property and boasting such major retail outlets as Marks and Spencer, Argos, Halfords, Asda and Morrisons. The property is situated on Glasgow Road, which is one of the main roads through the town and is conveniently located for primary and secondary schools which are within level walking distance, children's pre-school nursery, local shopping and mainline public transport facilities minutes from the property. Nearby Dumbarton East railway station offers six trains per hour to the heart of Glasgow City centre and direct links to Edinburgh Waverley, Helensburgh, Balloch and Loch Lomond. Helensburgh is the largest settlement in Argyll and Bute, with roughly 15,000 residents and a thriving town centre. The town is well-sought after given its position along the Clyde river and its popularity as a tourist spot during the summer months. There are plenty of amenities close by; multiple supermarkets including a well-sized Morrisons, many takeaways, restaurants and pubs, and a soon to be completed state of the art Leisure Centre along the beachfront.

Full Address:  Portfolio of Three Tenanted Flats, Helensburgh and Dumbarton, G82 1RQ

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Tenancy Details

Type of Agreement: Short Assured Tenancy (SAT)
Length: Annual
Rent: £0 per year / £0 per month
Yield: % (approx)
Tenant: Private Individual
Notes: Tenanted portfolio of three flats with annual income of £17,700. Managed by professional letting agency in Helensburgh.

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Pricing Information & Bidding

Opening Bid: £160,000

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

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Auction Details

Date & Time: 16 May 2024, 10am-3pm
Type: Timed Online Auction

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Lot 157
£160,000 OPENING BID
  • Residential Portfolio of Three Tenanted Flat all managed by a professional letting agency...