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Description

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

TENANTED INVESTMENT PROPERTY*** Large TWO bedroom flat within PRIME MERCHANT CITY LOCATION. ***IMMEDIATE RENTAL INCOME OF £14,400pa. Home Report Value = £220,000 (July2024)

EXCELLENT INVESTMENT- Sold with settled tenant in place paying £1,200pcm (£14,400 per annum) giving outstanding return on investment in 100% PRIME LOCATION WITH GLASGOW CITY CENTRE.

IMMEDIATE RETURN ON INVESTMENT*** Local Sales Evidence; 103 Flat 68, Hutchison Street, Glasgow G1 1SN recently SOLD for £355,000 in May 2024***

HIGH RENTAL DEMAND close to STRATHCLYDE UNIVERSITY minutes to GLASGOW NAUTICAL COLLEGE and CITY OF GLASGOW COLLEGE.

Premier district in Glasgow’s highly desirable MERCHANT CITY. Located in the heart of the student area close to High Street and the city centre.

TENANTED INVESTMENT PROPERTY*** Large TWO bedroom flat within PRIME MERCHANT CITY LOCATION. ***IMMEDIATE RENTAL INCOME OF £14,400 PER ANNUM. EXCELLENT INVESTMENT- Sold with settled tenant in place paying £1,200pcm (£14,400 per annum) giving outstanding return on investment in 100% PRIME LOCATION WITH GLASGOW CITY CENTRE. HIGH RENTAL DEMAND close to STRATHCLYDE UNIVERSITY m Premier district in Glasgow’s highly desirable MERCHANT CITY. Located in the heart of the student area close to High Street and the city centre.

Walking distance to world famous George Square and Glasgow Central/Queen Street train links. Excellent rental investment within the heart of the MERCHANT CITY when let. Trongate, Glasgow Royal Infirmary & the nearby Business District within minutes. Premier district in Glasgow’s highly desirable MERCHANT CITY. Surrounding retailers include UNESCO City of Music, Glasgow School of Art, La Piazzetta, Indian Cottage, O'Neills Bar, Guitar Guitar and Café India --

Full Address: 52 Bell Street, Top Right, Glasgow, G1 1LQ

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Tenancy Details

Type of Agreement: Basic Lease
Length:
Rent: £14,400 per year / £1,200 per month
Yield: 7% (approx)
Tenant: Private Individual
Notes:

Document Downloads

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Pricing Information & Bidding

Opening Bid: £213,000

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
  • 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: 12 December 2024, 10am-3pm
Type: Timed Online Auction

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