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Description
- Status: Available
- Type: Flat
- Ownership: Freehold
- Occupation: Tenanted
- Bedrooms: 2
- Council Tax: Search
Located on popular Wallace Street, this well-proportioned two bedroom flat offers an excellent opportunity for investors seeking an established rental property in a central Glasgow location.
The accommodation comprises a bright and spacious lounge, fitted kitchen with ample storage, two generously sized bedrooms, and a family bathroom.
The flat is currently tenanted, providing immediate rental income from day one.
Wallace Street is ideally positioned for access to Glasgow city centre, local amenities, public transport links, and motorway networks, making it a consistently strong rental area.
Rent: £13,200 per year / £1,100 per month Yield: 12% (approx) Tenant: Private Individual Notes: £1100 pcm.
Located on popular Wallace Street, this well-proportioned two bedroom flat offers an excellent opportunity for investors seeking an established rental property in a central Glasgow location. The accommodation comprises a bright and spacious lounge, fitted kitchen with ample storage, two generously sized bedrooms, and a family bathroom. The flat is currently tenanted, providing immediate rental income from day one. Wallace Street is ideally positioned for access to Glasgow city centre, local amenities, public transport links, and motorway networks, making it a consistently strong rental area. Rent: £13,200 per year / £1,100 per month Yield: 12% (approx) Tenant: Private Individual Notes: £1100 pcm.
Tenancy Details
Type of Agreement:Length:
Rent: £13,200 per year / £1,100 per month
Yield: 15% (approx)
Tenant: Private Individual
Notes: £1100 pcm.
Maps & Location
Map Street View SatelliteLocated in the heart of Glasgow City Centre, this property benefits from an unbeatable central location with excellent access to shops, restaurants, cafes, and cultural attractions. The area is well served by public transport, including nearby train and subway stations, making it ideal for commuters and city living. The property offers bright, well-proportioned accommodation with modern finishes throughout. Large windows provide plenty of natural light, creating a welcoming and comfortable living space. Local amenities, universities, and business districts are all within walking distance, while motorway links are easily accessible.
Document Downloads
Pricing Information & Bidding
Opening Bid: £91,000
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
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Terms & Conditions of Sale
- 10% Deposit (Minimum £3,000)
- Standard Completion (Unless specified differently in any Special Conditions of Sale)
- Buyers Fee = 1% of Sale Price (Minimum £2,500 + vat)
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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 for each property which may differ in deposit amount, completion and buyers fee.
* 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.
General Terms & Conditions of Sale
Lot Specific Terms - 220Wallace Street, Apartment 4-20, Glasgow