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Description
- Status: Available
- Type: Flat
- Ownership: Freehold
- Occupation: Tenanted
- Bedrooms: 2
- Council Tax: Search
***Freehold investment property with immediate cash flow. The property is tenanted with a current rental of £695 pm / £8,340 pa which represents 12.8% yield against current guide price***
Local sales evidence: 83B Lenzie Place. April 25. £78,000. 34 Lenzie Place. October 24. £74,650. 61F Lenzie Place. February 23. £82,998.
***Ideal buy to let property in an area of high rental demand. Strong existing rental yield with cash flow from day one. Full lettings management package available for hands free investors***
***Great location for with easy access to all local amenities within Springburn and excellent transport Links to Glasgow City Centre***
***Freehold investment property with immediate cash flow. The property is tenanted with a current rental of £695 pm / £8,340 pa which represents 12.8% yield against current guide price*** ***The property comprises, entrance hallway, lounge, kitchen, bathroom 2 bedrooms and a box room. uPVC double glazing*** ***Local sales evidence: 83B Lenzie Place. April 25. £78,000. 34 Lenzie Place. October 24. £74,650. 61F Lenzie Place. February 23. £82,998.*** ***Ideal buy to let property in an area of high rental demand. Strong existing rental yield with cash flow from day one. Full lettings management package available for hands free investors*** ***Great location for with easy access to all local amenities within Springburn and excellent transport Links to Glasgow City Centre***
Within minutes of the M8 Motorway and just north of Glasgow City Centre: thus approx. 15 minutes to Strathclyde and Caledonian Universities whilst even less to Glasgow Royal Infirmary - providing solid prospective tenant base. **IDEAL RENTAL PROPERTY** Tesco superstore is circa 7 minutes walk and the local leisure centre is also within walking distance. Popular professional location whilst also proving in demand with students due to proximity to university and colleges. Excellent for commuters with trains, buses and M8 Motorway convenient.
Full Address: 28 Lenzie Place, Flat D, Glasgow, G21 3TZ
Show MoreMap & Location
Map Street View SatelliteTenancy Details
Type of Agreement: Private Residential Tenancy (PRT)Length:
Rent: £8,340 per year / £695 per month
Yield: 16% (approx)
Tenant: Private Individual
Notes:
Document Downloads
* 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: £52,000
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 (Minimum £3,000)
- Standard Completion (Unless specified differently in any Special Conditions of Sale)
- Buyers Fee = 3% of Sale Price (Minimum £4,000 + 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.