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Description

  • Status: Available
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Tenanted
  • Bedrooms: 3
  • Council Tax: Search

Three Bedroom executive city centre apartment with corner balcony. Modern apartment overlooking the Kingston Bridge with balcony. Rented at £1550 a month £18,660 per annum

Modern property comprises Entrance Hallway, Lounge, Kitchen, Three Double Bedrooms (Master En-Suite) and Bathroom. Concierge in building, Secure Entry, Lift to all floors. Corner balcony.

Features: Lift access to all floors. Private secure parking. Glasgow's bustling City centre and vibrant International Financial Services District (IFSD) are a short walk over the Squiggly Bridge.

Built circa 2004. Prominent Kingston Quay Development in the thriving Tradeston district to the south of the City Centre. MASSIVE TENNANT DEMAND. Freehold Residential Sale.

The subjects comprise a purpose built sixth floor flat in an eight/nine storey block, containing approximately forty nine flatted dwellings in total. Two passenger lifts serves all floors. Freehold.

The subjects comprise a purpose built sixth floor modern 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 highly desirable southside entertainment hub of Shawlands is nearby with its coffee shops and bars offering a competitive student and professional tenant base. 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 and local amenities including shops, bars, cafes, restaurants at Kinning Park and Clydeside. The subjects form part of a 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. There are some commercial units at ground level. Local amenities an transport links are readily available. The subject block was constructed circa 2004.

Situated in the increasingly popular locale immediately south of the River Clyde approximately one mile from the City Centre with local amenities including The Quay Leisure Complex and there is access to Glasgow's fine selection of bars, restaurants and shopping facilities as well as access to the M8/M77 motorway network. The highly desirable southside entertainment hub of Shawlands is nearby with its coffee shops and bars offering a competitive student and professional tenant base. 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 and local amenities including shops, bars, cafes, restaurants at Kinning Park and Clydeside.

Full Address: 240 Wallace Street, Apartment 6-10, Glasgow City Centre, G5 8AU

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Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length: Rolling
Rent: £18,660 per year / £1,555 per month
Yield: 14% (approx)
Tenant: Private Individual
Notes: rented at £1550 a month £18,660 per annum. Professionally managed, all rent paid up to date.

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Pricing Information & Bidding

Opening Bid: £135,000

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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