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Guide Price
£91,000


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09 May 2024, 3pm

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Description

  • Status: Available
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Tenanted
  • Bedrooms: 2
  • Council Tax: Search

**TURN KEY INVESTMENT** Tenanted 3 bed preferred LOWER cottage flat located on a popular residential street in Cardonald. IDEAL FOR INVESTOR LANDLORD current rental income at £6720 per annum.

Comprising off hall, lounge, fitted kitchen, 3 bedrooms and bathroom. Currently tenanted at £560 pcm but rent review underway with proposed uplift to £625 pcm. Easy addition to a current portfolio.

Further benefits from gas central heating, UPVC double glazing, private gardens and well presented accommodation. Some refurbishment will be required post rental.

The property is conveniently located for amenities including local shops, restaurants and public transport facilities on Paisley Road West. Close by are various nursery, primary, secondary schooling.

**COMPARABLE SALES**2 bed cottage flat Arbroath Ave sold 2023 £128,250**3 bed Baldovie Road sold 2023 £122,050**2 bed Mosspark Dr sold 2023 £132,000**4 bed 107 Trinity Ave sold 2023 £119,000**

**TURN KEY INVESTMENT** Tenanted 3 bed preferred LOWER cottage flat located on a popular residential street in Cardonald. IDEAL FOR INVESTOR LANDLORD current rental income at £6720 per annum. Comprising off hall, lounge, fitted kitchen, 3 bedrooms and bathroom. Currently tenanted at £560 pcm but rent review underway with proposed uplift to £625 pcm. Easy addition to a current portfolio. Further benefits from gas central heating, UPVC double glazing, private gardens and well presented accommodation. Some refurbishment will be required post rental. The property is conveniently located for amenities including local shops, restaurants and public transport facilities on Paisley Road West. Close by are various nursery, primary, secondary schooling. **COMPARABLE SALES**2 bed cottage flat Arbroath Ave sold 2023 £128,250**3 bed Baldovie Road sold 2023 £122,050**2 bed Mosspark Dr sold 2023 £132,000**4 bed 107 Trinity Ave sold 2023 £119,000**

The property is conveniently located for amenities including local shops, restaurants and public transport facilities on Paisley Road West. Situated close by are various nursery, primary, secondary and further education facilities. Other local facilities include, Bellahouston Park and Sports Centre. The property is conveniently located for two major shopping centres, Braehead near Renfrew and Silverburn in Pollok. Close to Bellahouston Park and Sports Centre, the Ski Centre, Haggs Golf course and Pollok Park. It is also only a short drive to the Queen Elizabeth University Hospital, the M8 heading to Glasgow Airport and to the M77 motorway network.

Full Address: 907 Mosspark Drive, Cardonald Glasgow, G52 3BZ

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Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length:
Rent: £6,720 per year / £560 per month
Yield: 9% (approx)
Tenant: Private Individual
Notes:

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Pricing Information & Bidding

Guide Price: £91,000


What is a Guide Price... Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change prior to the auction.

Offer Now... You may submit an offer now on this property for the owner to consider ahead of the set auction. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

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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: 09 May 2024, 3pm
Type: Deadline for Offers

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