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105  Allison Street, Flat 1-3  Glasgow South

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Description

  • Status: Available
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Tenanted
  • Bedrooms: 1
  • Council Tax: Search

IMMEDIATE INCOME PRODUCING INVESTMENT. First Floor property in Glasgow's Southside. Sold with settled-long term tenant paying £450pcm (£5,400 per annum).

Property comprises Entrance Hallway, Large Lounge/ Kitchen, Double Bedroom and Shower Room. UPVC Double glazing. Communal areas well maintained through factor.

PREMIUM RENTAL LOCATION in Glasgow's popular Southside close to Shawlands and easy walking distance of Queens Park train station offering access to Glasgow City Centre in approximately 10 minutes.

LOW RENT FOR THE AREA WITH REALISTIC RENTAL IN THIS LOCATION £850. Scope for long term high yield. Massive tenant base with potential for increased income and higher yield. Current SAT lease.

SUPER LOCATION close to major transport links with 2 main line train stations within easy walking distance. Super access to trendy Shawlands with an abundance of bars, restaurants and shopping.

IMMEDIATE INCOME PRODUCING INVESTMENT. First Floor property in sought after locale of Queens Park in Glasgow's Southside. Sold with settled-long term tenant paying £450pcm (£5,400 per annum). The tenancy is secured through a SAT lease which allows for rent increase. Property comprises Entrance Hallway, Lounge/ Kitchen, Double Bedroom and Shower Room. UPVC Double Glazing. Secure Entry System. PREMIUM RENTAL LOCATION in Glasgow's popular Southside close to Shawlands and within minutes walk of Queens Park train station offering access to Glasgow City Centre in approximately 10 minutes. ***THE PROPERTY IS LET ON A SHORT ASSURED TENANCY WITH OPTIONS FOR RENT INCREASE OUTWITH PRT RENT RESTRICTIONS*** LOW RENT FOR THE AREA WITH REALISTIC RENTAL IN THIS LOCATION AT £850pcm (£10,200 per annum). Massive tenant base with potential for increased income and higher yield. SUPER LOCATION close to major transport links with 2 main line train stations within 5 minutes walk. Super access to trendy Shawlands with an abundance of bars, restaurants and shopping.

Popular area within Glasgow's Southside and offers many local amenities and leisure facilities nearby. The Govanhill area in the south side of Glasgow offers a vibrant community and remains a popular residential location. There are convenience stores, supermarkets, and high street shops nearby and Shawlands offers further shopping as well as many popular cafes, restaurants, and bars. Langside Road offers easy access to the City Centre which is located approximately two and a half miles away. There are excellent bus and rail links nearby with Crosshill and Queens Park stations offering mainline rail links to Glasgow Central and the Southside. Langside Road is also ideally situated for the M8 and M74 motorway networks. Nearby Queen's Park has become one of the most sought after pockets to be found anywhere in Glasgow. The eclectic mix of bars, cafes and eateries make it enormously popular and with this flat you have them a short distance away. There are also excellent transport links nearby including numerous bus routes on Pollokshaws Road and Queen’s Park train station a short distance away

Full Address: 105 Allison Street, Flat 1-3, Glasgow South, G42 8NE

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Tenancy Details

Type of Agreement: Short Assured Tenancy (SAT)
Length:
Rent: £5,400 per year / £450 per month
Yield: 11% (approx)
Tenant: Private Individual
Notes:

Document Downloads

Home Report (Available) Legal Pack (Available)

Pricing Information & Bidding

Opening Bid: £48,000

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).

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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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