BIDDING OPENS in...

Description

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

TURNKEY 2 Bedroom Ground Floor Flat sold pre-tenanted with revenue from day 1 of £900 per month totaling £10,800pa. Rolling Lease since 2024 tenant living in. Excellent tenant with all rent up to date

FANTASTIC BUY TO LET INVESTMENT with instant income and great capital growth potential. Superb location in one of Glasgows most sought after areas Newlands. Lovely park and shops nearby.

Excellent Transport Links; M8/M74 Motorway links within minutes. 3 Train Stations convenient - Pollokshields East, Pollokshields West and Langside. Silverburn within minutes.

Close to New Modern School, Langside Drive & Tennis Club. Likely to appeal to rental buyers, long term investors and shrewd developers.

*** THIS PROPERTY PREVIOUSLY SOLD FOR £180,000 *** Seldom available auction location in prime Newlands, Southside.

Solid tenant base from professionals of Shawlands, Newlands and South Side whilst convenient for Silverburn Shopping Complex, Langside College, Glasgow College of Nautical Studies and Glasgow City Centre (15 minutes) are all readily accessible.

Full Address: 75 Lochlea Road, Newlands, Southside Glasgow, G43 2YF

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Map & Location

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Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length: Rolling
Rent: £10,800 per year / £900 per month
Yield: 11% (approx)
Tenant: Private Individual
Notes:

Document Downloads

Home Report (Pending) Legal Docs (Available)

* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.

Pricing Information & Bidding

Opening Bid: £95,000

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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SPECIAL Terms of Sale

  • 10% Deposit (Minimum £3,000)
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
  • 4 Weeks Completion or Longer By Agreement
  • Contribution to Sellers Costs £2,750 for on time settlement

VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.

* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.

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Auction Details

Date & Time: 06 November 2025, 10am-3pm
Type: Timed Online Auction

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