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Guide Price
£157,000


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23 May 2024, 3pm

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Description

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

IMMEDIATE INCOME PRODUCING INVESTMENT. Tenanted 2 bedroom terraced house in extremely popular residential location within Mount Florida. Sold with settled tenant paying - £10,200 per annum.

SUPER SIZED PROPERTY COMPRISES Entrance Hallway, Lounge, Kitchen, 2 Double Bedrooms, Attic room and Bathroom. Enhanced by Gas Central Heating and garden grounds. Excellent room sizes.

EXCELLENT INVESTMENT with the property having settled tenant. Rental income of £10,200 per annum.. REALISTIC RENTAL OF £1200pcm (£14,400pa) Property will be sold with tenant in place.

EXCELLENT SALES EVIDENCE:- 343, Prospecthill Road, 2 bed, sold for £206,000, 27 Nov 2023; 359, Prospecthill Rd, 2 bed, sold for £169,000 7 May 2018; 339 Prospecthill Rd, sold for £162,000 23 Jan 2017.

Opportunity to acquire a possible high yielding rental property within a popular district with strong tenant demand & expected Capital Appreciation, EPC - D

IMMEDIATE INCOME PRODUCING INVESTMENT. Tenanted 2 bedroom terraced house in extremely popular residential location within Mount Florida. Sold with settled tenant paying - £10,200 per annum. SUPER SIZED PROPERTY COMPRISES Entrance Hallway, Lounge, Kitchen, 2 Double Bedrooms, Attic room and Bathroom. Enhanced by Gas Central Heating and garden grounds. Excellent room sizes. EXCELLENT INVESTMENT with the property having settled tenant. Rental income of £10,200 per annum. REALISTIC RENTAL OF £1200pcm. (£14,400pa)Property will be sold with tenant in place. Opportunity to acquire a possible high yielding rental property within a popular district with strong tenant demand & expected Capital Appreciation. EPC - D

Prospecthill Road is situated within walking distance of an impressive number of local amenities and transport links. These include independent shops eateries and local businesses. It is just 9 minutes’ walk from Mount Florida train station. Hampden Park, often used for concerts as well as major sporting events is just 5 minutes away. Situated a mere 3.4 miles from Glasgow City Centre, this property is in a great spot for an easy commute into the city centre. Mount Florida, Shawlands, Strathbungo and Battlefield are also within close proximity and also have an excellent selection of shopping, restaurants and bars/bistros. Braehead and Silverburn Shopping Centres are also nearby. Excellent motorway access.

Full Address: 337 Prospecthill Road, Mount Florida, Tenanted Investment, Glasgow, G42 9XB

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Tenancy Details

Type of Agreement: Short Assured Tenancy (SAT)
Length: Rollng
Rent: £10,200 per year / £850 per month
Yield: 8% (approx)
Tenant: Private Individual
Notes:

Document Downloads

Home Report (Available) Legal Pack (Available)

Pricing Information & Bidding

Guide Price: £157,000


What is a Guide Price... Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change prior to the auction.

Offer Now... You may submit an offer now on this property for the owner to consider ahead of the set auction. 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.

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Auction Details

Date & Time: 23 May 2024, 3pm
Type: Deadline for Offers

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