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Lot 154

138 Calder Street, Flat 1-2, Queens Park, G42 7QP

Guide Price: £76,666

Tenanted Freehold Flat Offer Now Available



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Key Features:

READY LET INVESTMENT PROPERTY WITHIN EXTREMELY POPULAR RENTAL LOCATION IN GLASGOW'S SOUTHSIDE. 2 Bedroom, First floor flat with settled long-term tenant paying £395pcm (£4,740per annum).


  • Settled long-term tenant currently paying £395pcm with payments up to date. Low rent for 2 bedroom property in this location with realistic potential for £495-£545pcm (£5,940- £6,540 per annum) with HIGH DEMAND RENTAL LOCATION
  • Spacious Tenement Flat (FIRST FLOOR) with secure close Entry System. Comprises entrance hallway, lounge/ kitchen, bathroom and 2 double bedrooms. Gas Central Heating and Double glazing.
  • PERFECT INVESTMENT PROPERTY in the extremely popular rental location of Queens Park. SALE COMPARABLE: 230 Calder Street, 2-1, Glasgow G42 7PF - £74,650 (1 BEDROOM FLAT)
  • excellent transport links to Glasgow City Centre by car (circa 10 minutes), by train (Queens Park train station is on route to Glasgow Central ( 5 minutes). Excellent bus links and local amenities.


Ownership

Freehold

- Outright ownership of the property and land on which it stands.
Occupation

Tenanted

- Existing tenant in place with lease agreement to be assigned to the buyer..
Council Tax

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Tenancy Details:


Type of Agreement Private Residential Tenancy (PRT)
Length rolling
Rent £4,740 per year / £395 per month
Yield 6.2% (at guide price)
Tenant Private Individual
Notes: awaiting copy lease.

Description:

**Professionally managed property** READY LET INVESTMENT PROPERTY WITHIN EXTREMELY POPULAR RENTAL LOCATION IN GLASGOW'S SOUTHSIDE. 2 Bedroom, First floor flat with settled long-term tenant paying £395pcm (£4,740per annum). Settled long-term tenant currently paying £395pcm. Low rent for 2 bedroom property in this location with realistic potential for £495-£545pcm (£5,940- £6,540 per annum) with HIGH DEMAND RENTAL LOCATION. Spacious Tenement Flat (FIRST FLOOR) with secure close Entry System. Walking distance to train stations at Queens Park and Victoria Road. Popular Rental area 10 minutes from city centre and 5 mins from Shawlands. PERFECT INVESTMENT PROPERTY in extremely popular rental location. SALE COMPARABLE: 230 Calder Street, 2-1, Glasgow G42 7PF - £74,650 (1 BEDROOM FLAT) excellent transport links to Glasgow City Centre by car (circa 10 minutes), by train (Queens Park train station is on route to Glasgow Central ( 5 minutes). Excellent bus links and local amenities.


Location:

Calder Street is in a central & 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 & entertainment districts including Shawlands & 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 & employees of the New Victoria Infirmary hospital which is less than 1 mile from this property.


Map & Directions:



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Phone:

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Pricing Info & Bidding:


Guide Price = £76,666


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 at any time prior to the auction. Unless specified all properties are subject to a Reserve (minimum acceptable price) which we expect will be set no more than 10% above or below the advertised guide.

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Viewings:


Internal Viewings...

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Plans:

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Auction Details:



  • Auction Date

    04 December 2020, 4pm


  • Auction Location

  • Deadline for Offers


How To Bid:


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.