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Description

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

TENANTED INVESTMENT PROPERTY*** One bedroom tenanted flat located on London Road close to Glasgow City Centre. IMMEDIATE RENTAL INCOME.

One bedroom First floor Flat. Perfect INVESTMENT with tenant in situ, ideal for BUY-TO-LET investor looking to expand portfolio.

EXCELLENT INVESTMENT OPPORTUNITY in HIGH TENANT DEMAND LOCATION. Low rent for this area, similar properties let for up to £795pcm (£9,540 PER ANNUM).

Local Sales Evidence; 2 Flat 1/1, Arcadia Place, Glasgow G40 1DS recently SOLD for £151,500 in April 2022*** 27 1/1, Macphail Street, Glasgow G40 1DNrecently SOLD for £158,000 in May 2022***

PRIME RENTAL LOCATION with access to the to City centre in under 10 minutes. Excellent for access to Glasgow's Universities & access to Glasgow Royal Infirmary creating constant tenant demand.

TENANTED INVESTMENT PROPERTY*** One bedroom tenanted flat located on London Road close to Glasgow City Centre. IMMEDIATE RENTAL INCOME EXCELLENT INVESTMENT OPPORTUNITY in HIGH TENANT DEMAND LOCATION. Low rent for this area, similar properties let for up to £795pcm (£9,540 PER ANNUM). One bedroom First floor Flat. Perfect INVESTMENT with tenant in situ, ideal for BUY-TO-LET investor looking to expand portfolio. Local Sales Evidence; 2 Flat 1/1, Arcadia Place, Glasgow G40 1DS recently SOLD for £151,500 in April 2022*** 27 1/1, Macphail Street, Glasgow G40 1DNrecently SOLD for £158,000 in May 2022*** PRIME RENTAL LOCATION with access to the to City centre in under 10 minutes. Excellent for access to Glasgow's Universities & access to Glasgow Royal Infirmary creating constant tenant demand.

Popular location within Glasgow's traditional East End offering super access to the City Centre. Excellent access to Strathclyde and Caledonian Universities. Excellent transport links to Glasgow City Centre via bus routes and train station

Full Address: 296C London Road, Glasgow, G40 1PN

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Tenancy Details

Type of Agreement: Basic Lease
Length:
Rent: £6,000 per year / £500 per month
Yield: 7% (approx)
Tenant: Private Individual
Notes: £500pcm

Document Downloads

Home Report (Available) Legal Pack (Available)

Pricing Information & Bidding

Opening Bid: £90,000

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.

View Live Online Auction

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.

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.

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Auction Details

Date & Time: 02 May 2024, 10am-3pm
Type: Timed Online Auction

View Full Auction Catalogue

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