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Description

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

**TURN KEY INVESTMENT OPPORTUNITY**Tenanted 1 bed flat located on the preferred first floor of a traditional building just off seafront. Currently let at £800 per calendar month (£9600 per Annum).

Ideal for investor landlord - comprising of internally - lounge, fitted kitchen, 2 double bedrooms and bathroom. Buyer would take over as landlord - immediate income generation. YIELD - 10% at guide.

Property is further enhanced by a system of gas central heating , well maintained communal areas and UPVC double glazing. IDEAL FOR INVESTOR LANDLORD - no immediate works required.

FANTASTIC TENANT DEMAND locally - HM Faslane close by offering high rental demand within the town, easy commute to Glasgow city. Helensburgh offers best of both worlds, semi rural location/city access

**COMPARABLE SALES**1 Bed Traditional flat sold John Street £105,000 2024**2 Bed Traditional Flat John street under offer £99,950**2 Bed Traditional flat sold 2024 £97,000**COMPETITIVELY PRICED

**TURN KEY INVESTMENT OPPORTUNITY**Tenanted 1 bed flat located on the preferred first floor of a traditional building just off seafront. Currently let at £800 per calendar month (£9600 per Annum). Ideal for investor landlord - comprising of internally - lounge, fitted kitchen, 2 double bedrooms and bathroom. Buyer would take over as landlord - immediate income generation. YIELD - 9% at guide. Property is further enhanced by a system of gas central heating , well maintained communal areas and UPVC double glazing. IDEAL FOR INVESTOR LANDLORD - no immediate works required. FANTASTIC TENANT DEMAND locally - HM Faslane close by offering high rental demand within the town, easy commute to Glasgow city. Helensburgh offers best of both worlds, semi rural location/city access. **COMPARABLE SALES**1 Bed Traditional flat sold John Street £105,000 2024**2 Bed Traditional Flat John street under offer £99,950**2 Bed Traditional flat sold 2024 £97,000**COMPETITIVELY PRICED!

The town of Helensburgh offers an excellent variety of sporting and leisure facilities and has a newly opened Waitrose supermarket. Helensburgh provides both bus & train links to Dumbarton and Glasgow with trains direct to Glasgow Central Station. Local retailers include Tesco, WH Smith, Boots, Costa Coffee and an array of up-market boutiques and restaurants. The Naval Bases at Faslane and Coulport are easy commuting distance and ensure the rental market in Helensburgh remains buoyant. Guide price set for realistic auction sale - Minutes from all amenities, supermarkets and free parking. One time opportunity to purchase a piece of history in the historic Royal Burgh of Helensburgh.

Full Address: 48 John Street, Helensburgh, G84 8XL

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Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length:
Rent: £9,600 per year / £800 per month
Yield: 14% (approx)
Tenant: Private Individual
Notes:

Document Downloads

Home Report (Available) Legal Pack (Available)

Pricing Information & Bidding

Guide Price: £85,000


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: 24 October 2024, 3pm
Type: Deadline for Offers

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