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Description

• Status: Available
• Type: Flat

• Ownership: Freehold
• Occupation: Tenanted

• Bedrooms: 1
• Council Tax: Search

Large Tenanted Property 1 Bed 2nd floor flat in prime southside location. Gas central heating double glazing. Potential for 2 bed conversion with large dining kitchen. Fantastic southside investment.

Ready let property sold with tenant in place paying £550 per month £6,600pa. ** All rent paid and up to date.

Property will be sold with tenant in place. Settled long-term tenant with perfect payment history giving immediate rental income.

Situated a short walk from both Cathcart Road and Victoria Road, the property enjoys a wide and varied range of shopping and public transport to include regular bus services providing a short commute.

Managed by Letting Agent. On street parking.

Full Address: 573 Cathcart Road, Flat 2-3, Crosshill, Glasgow, G42 8SG

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Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length: Rolling PRT with 28 Days Notice
Rent: £6,600 per year / £550 per month
Yield: 9% (approx)
Tenant: Private Individual
Notes: All rent paid and up to date. Managed by letting agent.

Document Downloads

Home Report (Available) Legal Pack (Available)

Pricing Information & Bidding

Opening Bid: £72,000

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.

Payment Calculator

Please use our PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.

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Auction Details

Date & Time: 05 December 2024, 10am-3pm
Type: Timed Online Auction

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