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Map & Location

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Description

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

**FANTASTIC TURN KEY INVESTMENT OPPORTUNITY**Two bedroom tenanted modern flat located on the preferred first floor of this conveniently located block close to local amenities. 12% plus RENTAL YIELD

**HR VALUE £85,000**Well-kept home features hallway, 2 bedrooms, lounge with kitchen, bathroom and water closet, garden space and allocated parking space.**RENTAL INCOME CURRENTLY £750pcm**

Likely to attract enquiries from Serious Investors and Developers. Buy-to-Let Opportunity. Easy access to local amenities.

Close to Cambuslang town centre with its plethora of Amenities. Close by access to businesses, public transport including Railway Station creating high tenant demand and 2nd hand residential interest

COMPARABLE SALES: 59b, Main Street, Cambuslang, Glasgow, G72 7HB sold for £92,000 (October 2023). 57e, Main Street, Cambuslang, Glasgow, G72 7HB sold for £85,500 (March 2022).

**FANTASTIC TURN KEY INVESTMENT OPPORTUNITY**Two bedroom tenanted modern flat located on the preferred first floor of this conveniently located block close to local amenities. **Rental income £750 pcm - long term tenant**Well-kept home features hallway, 2 bedrooms, lounge with kitchen, bathroom and water closet, garden space and allocated parking space.Likely to attract enquiries from Serious Investors and Developers. Buy-to-Let Opportunity. Easy access to local amenities. Long Term Tenant Currently Situated. Comparable sold properties in the area using Land Registry sold information. There are comparable properties in the area selling for as much as £88,000. **HR VALUE £80,000**Sales: 59b, Main Street, Cambuslang, Glasgow, G72 7HB sold for £92,000 (October 2023). 57e, Main Street, Cambuslang, Glasgow, G72 7HB sold for £85,500 (March 2022).

The property is conveniently placed for access to a host of amenities including schools at both primary and secondary levels, recreational facilities, golf course and a variety of day-to-day shops. Kirkhill and Cambuslang railway stations are only a short walk away giving easy access to Glasgow city centre and further afield. In addition to this, there are excellent motorway links via M74/M8/M73 giving access to the surrounding areas and the Central Belt. Near Rutherglen and East Kilbride, with close proximity to Kingsgate Retail Park. Just a few minutes onto Main Street and to Cambuslang Station. Locally on Main street are a wide and varied range of shopping and public road transport, a large Morrisons and boutique shops.

Full Address: 49a Main Street, Cambuslang, G72 7HB

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Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length:
Rent: £9,000 per year / £750 per month
Yield: 13% (approx)
Tenant: Private Individual
Notes:

Document Downloads

Home Report (Available)   Legal Pack (Pending)

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Pricing Information & Bidding

Opening Bid: £70,000

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

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