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3   Blackfriars Road, Flat 5-1  Glasgow

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Description

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

***Fantastic investment opportunity***Turnkey investment property with income stream from day one***Current rental of £695 pm / £8,340 pa***

***Modern flat within desirable city centre location*** High demand rental area from working professionals / students. Potential rental up to £1,250 pm***

***Guide price AN INCREDIBLE £60,000 BELOW HOME REPORT VALUE***Massive discounted auction property*** Recent sales in building. Flat 3/8, Sept 24 £160,000 Flat 3/4, Dec 24, £106,000***

***Modern flat located in Merchant City*** Factored building***Professionally managed***Full lettings management package available for hands free investment***

***The property comprises, entrance hallway, lounge / kitchen, 2 bedrooms, bathroom, double glazing, modern electric heating, controlled entry system***

Description TWO BEDROOM FLAT situated in the heart of Merchant City Glasgow. READY LET AT £695pcm (£8,340per annum) **HIGH YIELD** Comprises; Secure Door ENTRY, Lift, Two Bedrooms, Kitchen and Bathroom + Storage. Further benefits from Electric Heating and Buzzer Entry System. Professionally managed by local agent. ***Fantastic investment opportunity***Turnkey investment property with income stream from day one***Current rental of £695 pm / £8,340 pa*** ***Modern flat within desirable city centre location*** High demand rental area from working professionals / students. Potential rental up to £1,250 pm*** ***Guide price AN INCREDIBLE £60,000 BELOW HOME REPORT VALUE***Massive discounted auction property*** Recent sales in building. Flat 3/8, Sept 24 £160,000 Flat 3/4, Dec 24, £106,000*** ***Modern flat located in Merchant City*** Factored building***Professionally managed***Full lettings management package available for hands free investment*** ***The property comprises, entrance hallway, lounge / kitchen, 2 bedrooms, bathroom, double glazing, modern electric heating, controlled entry system***

The location of this fabulous flat makes it particularly handy for a vast range of local amenities and transport options. Queen Street and Glasgow Central Stations are a ten-minute walk away, and there are a range of local bars and restaurants within the Merchant City itself, as well as access to all of Glasgow’s key retail shopping destinations @ Buchanan Street, Buchanan Galleries, and the St Enoch Centre Shopping centre – all accessible within a five-minute stroll. Also handy for City Centre businesses, the Royal Infirmary as well as Strathclyde and Caledonian Universities and the City of Glasgow College.

Full Address: 3  Blackfriars Road, Flat 5-1, Glasgow, G1 1QG

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Map & Location

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Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length: Rolling
Rent: £8,340 per year / £695 per month
Yield: 12% (approx)
Tenant: Private Individual
Notes:

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Home Report (Available)   Legal Pack (Pending)

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Pricing Information & Bidding

Opening Bid: £72,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

How to Bid... To take part in the online auction you must firstly create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest Online Auction Bidders Guide now.

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Offer Now... You may submit an offer now on this property for the owner to consider. 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: 10 July 2025, 10am-3pm
Type: Timed Online Auction

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