DEADLINE CLOSES in...

Deadline for Offers

Now Accepting Offers

Guide Price
£62,000


SUBMIT OFFERS BY

23 May 2024, 3pm

Map   Street View   Satellite

Description

  • Status: Available
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Tenanted
  • Bedrooms: 1
  • Council Tax: Search

Tenement Building. Tenanted ONE BEDROOM upper flat with secure door entry and factor in building. Near to Shawlands and Victoria Road. NEW ENTRY with tenant in place since 2020. PRICED TO SELL.

COMPRISES: Hallway, lounge/kitchen, Separate bedroom, separate shower room and gas central heating. Property is rented with a long sitting tenant rent is £425 low rent due to rent freeze).

Rent increase agreed for July 2024 for increased rent of £650 per month. Managed by Letting Agent. On street parking. Gas central heating. Double Glazing. Communal gardens. £5,100 per annum.

Features security entry, maintained communal gardens, gas central heating and double glazing. Tenant in place paying £450 per month (LOW RENT FOR PROPERTY). Rent should be in the region of £650 p/m.

The M77/M74 motorway networks are easily accessible and recreational activities can be found at the nearby Queens Park. SALES: 402 1/3, Allison Street, Glasgow, G42 8HS sold for £105,000 (Dec 2021).

Ground floor property comprises Entrance Hallway, Lounge, Dining Kitchen, Double Bedroom and Bathroom. Secure Entry System in PRIME RENTAL SPOT. PRIME RENTAL LOCATION in Glasgow's popular Southside close to Shawlands and within minutes walk of Crosshill train station offering access to Glasgow City Centre in approximately 10 minutes. Within walking distance of shops and amenities on Victoria Road or Pollokshaws Road where thriving coffee shops, restaurants, bars, and delicatessens can be found. Local Sales: 408, Allison Street, Glasgow, G42 8HS sold for £132,100 (March 2021). 268 Flat 2/1, Aikenhead Road, Glasgow, G42 0QH sold for £923,000 (Feb 2024). 40 Flat 1/2, Daisy Street, Glasgow, G42 8HD sold for £150,000 (January 2024). FREEHOLD RESIDENTIAL SALE. Tenant in place. All rental payments up to date. Managed by Letting Agent. Tenanted Investment. POPULAR SOUTH GLASGOW AREA. New To Market.

Allison Street is in a central and desirable location benefiting from having excellent transport links to Glasgow City Centre by car (circa 10 minutes), by train (Queens Park train station is on route to Glasgow Central, circa 5 minutes) and via Victoria Road which is a main bus route throughout the Southside of Glasgow. Moreover, local shopping and entertainment districts including Shawlands and Silverburn are readily accessible and the highly desirable Queens Park, which plays host to monthly farmers markets and a number of other popular recreational pursuits, is on the doorstep of this property. Popular area with high tenant demand from students at Langside College, Glasgow Nautical College, Glasgow Caledonian University and employees of the New Victoria Infirmary hospital which is less than 1 mile from this property. Recreational pursuits within the area are found across the road at Queens Park including nature trails, all weather football pitches and tennis courts. Regular public transport services (both bus and rail) provide commuter access to the city centre. The local railway station is approximately 300 yards walk from the front door.

Full Address: 414 Allison Street, Flat 0-2, Glasgow, G42 8HS

Show More

Video Tour

View Video Tour on YouTube

Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length: Annual
Rent: £5,100 per year / £425 per month
Yield: 10% (approx)
Tenant: Private Individual
Notes: Property is rented with a long sitting tenant rent is £425 low rent due to rent freeze). Rent increase in July for rent of £650.

Document Downloads

Home Report (Available) Legal Pack (Available)

Pricing Information & Bidding

Guide Price: £62,000


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.

Submit Offer Now

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.

Payment Calculator

Please use our PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.

Payment Calculator

Auction Details

Date & Time: 23 May 2024, 3pm
Type: Deadline for Offers

View Full Auction Catalogue

Similar Properties


Lot 62
£90,000 OPENING BID
  • TENANTED INVESTMENT PROPERTY*** One bedroom tenanted flat located on London Road close to...
Lot 11
£110,000 GUIDE PRICE
  • Large 2 bedroom modern executive apartment in sought after Kingston Quay, within Glasgow ...