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Description

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

Two Bedroom Flat within Glasgow City Centre. The area benefits from a number of amenities including train and bus links around the city. Tenanted Residential Investment. RICS Home Report available.

Great Buy to Let Opportunity, now available fully tenanted, with current rent of £995 pcm. Underground Parking. Accommodation - Entrance hallway, living room, kitchen, two bedrooms and bathroom.

The property further benefits from concierge, elevator, allocated residents parking space, double glazing, electric storage heating and close proximity to Glasgow City Centre and Financial District.

**CASH PURCHASE ONLY** Sought After Area. The development is very well placed on the South side of the Clyde giving easy access to Glasgow's business district, Strathclyde and Caledonian universities.

Glasgow city centre is just two miles away, offering an extensive choice of shops, bars, restaurants, entertainment venues, and easy access to the business district, colleges and universities.

The property is a purpose built second floor flat in an eight/nine storey block, containing approximately forty nine flatted dwellings in total. Two passenger lifts serves all floors. There is basement parking within the development. The subjects form part of a semi modern residential development, sited amongst properties of a varying age and character, within a mixed residential/ commercial area to the South of Glasgow City Centre. RICS Home Report = £100,000 (One Hundred Thousand Pounds Sterling). EPC Rating - Band C. The accommodation comprises of entrance hallway, living room, kitchen, two bedrooms and bathroom. Access to the secure close, underground parking and courtyard. The property further benefits from concierge, elevator, allocated residents parking space, double glazing, electric storage heating and close proximity to Glasgow City Centre, Financial District, Barclays HQ and transport links. Situated south of the River Clyde, the City Centre with local amenities including The Quay Leisure Complex an access to Glasgow's popular bars, restaurants and shopping facilities as well as access to the M8/M77 motorway network nearby. Communal areas include courtyard and central areas, bin chute, basement parking and shared access to other flats via two lifts and disabled lift at the entrance, and secure entry to the communal stairwell.

Positioned just south of Glasgow city centre in Kinning Park, the development is ideally placed for both daily needs and convenient commuting. Local amenities include supermarkets, health services, and leisure facilities, with Tesco Express within walking distance and larger stores such as Asda, Lidl, and Aldi nearby. Excellent transport links provide swift access to the M8, M74, and the wider Central Belt motorway network, as well as Glasgow Airport. Public transport options into the city centre are frequent and efficient, while the Clyde Cycle Route links directly to Glasgow Green within minutes.

Full Address: 240 Wallace Street, Apartment 2-12, Glasgow, G5 8AU

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Map & Location

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Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length:
Rent: £0 per year / £0 per month
Yield: % (approx)
Tenant: Private Individual
Notes: The current rent they are paying is £995 per month.

Document Downloads

Home Report (Available)   Legal Docs (Pending)

* 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.

 * Click the above 'Pending' document link to log your request and we will notify you once available.

Pricing Information & Bidding

Opening Bid: £85,000

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 (Minimum £3,000)
  • Standard Completion (Unless specified differently in any Special Conditions of Sale)
  • 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 an earlier or later completion date which will be detailed in any Special Conditions of Sale for this lot. Buyers must satisfy themselves prior to bidding as to the terms on offer.

* 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: 21 May 2026, 10am-3pm
Type: Timed Online Auction

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