***1 Bedroom red sandstone tenement flat in Sought after location***Currently tenanted at £370 pcm (£4,440 per annum)**Asset Manager Sale** Double Glazing. Long term tenant. All rent paid and up to date.
- This fantastic property comprises: 1 bedroom, living room, kitchen & bathroom. The property is within a well maintained building and offers excellent potential***
- Flat 2-2 has previously been sold for £57,000***ASSET MANAGEMENT SALE INSTRUCTION***8 Dyke Street Flat 1/M Sold £50,050***8 Dyke Street 3/3 Sold £50,088***8 Dyke Street 2/L Sold £55,000***All Sales in The Same building as the flat being sold***
- Excellent investment opportunity: Currently Let £4,440 per annum)***Must Be Sold***Ideal Opportunity for Investors***Below Stamp Duty Threshold *** Turnkey Investment Opportunity***
- 12 MINUTES TO GLASGOW CITY CENTRE. Lidl and Morrisons Supermarkets within minutes. Property Benefits from Secure Close Entry System. This property would provide an excellent rental investment at a substantial discount with great Capital Growth Potential***
Description:---ASSET MANAGEMENT SALE INSTRUCTION---Spacious 1 bedroom traditional red sandstone tenement flat in Well Maintained building***The property comprises: 1 large double bedroom, Spacious Living Room, Kitchen & Bathroom. The property is being sold with the benefit of a tenant *** Excellent turnkey investment opportunity at £370pcm (£4,440 per annum) Double Glazing. ***Must Be Sold***Ideal Opportunity for Investors & 1st Time Buyers*** Below Stamp Duty Threshold *** ACCESSIBLE LOCATION: 12 minutes to Glasgow City Centre. Major national retailers within minutes from the property. The building Benefits from having a Close Entry System. This property would provide an excellent rental investment at a substantial discount with great Capital Growth Potential***
There is a good selection of sporting and recreational facilities and schooling to primary and secondary levels. There are excellent bus and rail services and easy access to the M73 and A8 makes this an ideal location for commuters. ***STRONG WELL LET INVESTMENT OPPORTUNITY*** Affordable property at heavily discounted Guide Price***
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Ownership & Occupation:
Freehold- Outright ownership of the property and land on which it stands.
Tenanted- Existing tenant in place with lease agreement to be assigned to the new purchaser at the time of completion.
|Type of Agreement||Short Assured Tenancy (SAT)|
|Rent||£4,440 per year / £370 per month|
|Yield||12.2% (at 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 at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set no more than 10% above or below the advertised guide price.
Bid Now Explained:
You may submit an offer now on any of our live properties for the sellers 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.
Internal Open Viewings:
This property may be open for internal viewings at specified times which will be listed on this page when available. You do not need to register to attend these viewings, you can simply turn up as the property will be open during the scheduled times. Our viewing agent will be present to answer any of your questions and provide auction catalogues to viewers.
External Viewings Anytime:
You may view this property externally at any time. Please make sure that if the property is occupied or tenanted that you respect the privacy of the occupants. Additionally we advise that you print a copy of this schedule and take it with you in case of any neighbours questioning you at the property as to your intentions.
Offer Now:You may submit an offer now on any of our live properties for the sellers to consider. If they are will are willing to sell you the property now then it is a matter of making the 10% deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.
Bid Live in Person:Easily the best method is to attend the auction in person. The Glasgow Radisson is conveniently located in the Glasgow City Centre, a short walk from the Central Train Station and easily accessed from the M8 Motorway. The Edinburgh Marriott Hotel is conveniently located just minutes from Edinburgh Airport and the city centre.
Bid by Phone Live:
If you cant make the auction in person you can still make a live bid by telephone for this property. You will give instruction live over the phone with one of our staff in the room who will bid on your behalf and relay activity in the auction room. To register simply print off, complete and return the below form by email prior to 5pm of the auction day...
Bid by Proxy: (Ebay Style Highest Bid)
This is another option if you cannot make the auction in person. A Proxy bid is where you will leave your highest maximum bid for the property and the auctioneer will bid on your behalf. You will only ever bid one increment higher than the previous bidder. Proxy bidding rules out any potential issues with telephone reception or nerves regarding bidding in person or by telephone. To register simply print off, complete and return the below form by email prior to 5pm of the auction day...
20 March 2018
Glasgow Radisson Hotel
301 Argyle Street, G2 8DL