BIDDING OPENS in...

Map & Location

Map   Street View   Satellite

Description

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

*PRIME INVESTMENT PROPERTY* Located in Glasgow's sought after Merchant City. IMMEDIATE RENTAL POTENTIAL OF £13,200 PER ANNUM in extremely high demand location within seconds of the City Centre.

1 Bedroom Flat in a prime Merchant City. Attractive courtyard setting. LOUNGE, KITCHEN, SPACIOUS DOUBLE BEDROOM, BATHROOM. SUPER Views across Merchant City.

EXCELLENT BUY-TO-LET INVESTMENT PROPERTY*** Currently LET at £1,100pcm (£13,200 Per Annum). ***SUPER RETURN ON INVESTMENT

Local Sales Evidence; 3 8/5, Blackfriars Road, Glasgow G1 1PZ recently SOLD for £160,000 in Sept 2024***

Trendy Merchant City - with a huge variety of cafes, restaurants, bars, retail and entertainment spots within a short walk, tenants will enjoy every amenity Glasgow has to offer

*PRIME INVESTMENT PROPERTY* Located in Glasgow's sought after Merchant City. IMMEDIATE RENTAL POTENTIAL OF £13,200 PER ANNUM in extremely high demand location within seconds of the City Centre. 1 Bedroom Flat in a prime Merchant City. Attractive courtyard setting. LOUNGE, KITCHEN, SPACIOUS DOUBLE BEDROOM, BATHROOM. SUPER Views across Merchant City. EXCELLENT BUY-TO-LET INVESTMENT PROPERTY*** Currently LET at £1,100pcm (£13,200 Per Annum). ***SUPER RETURN ON INVESTMENT. Local Sales Evidence; 3 8/5, Blackfriars Road, Glasgow G1 1PZ recently SOLD for £160,000 in Sept 2024*** Set in a most historic quadrant the property has been in a great location, permit parking available. Blackfriars Court has it all, from the serene residents courtyard and an outstanding location.

The location of this fabulous flat makes it particularly handy for a vast range of local amenities and transport options. Queen Street and Glasgow Central Stations are a ten-minute walk away, and there are a range of local bars and restaurants within the Merchant City itself, as well as access to all of Glasgow’s key retail shopping destinations @ Buchanan Street, Buchanan Galleries, and the St Enoch Centre Shopping centre – all accessible within a five-minute stroll. Also handy for City Centre businesses, the Royal Infirmary as well as Strathclyde and Caledonian Universities and the City of Glasgow College.

Full Address: 1 Blackfriars Road, Flat 3-10 - 3FF, Merchant City, Glasgow, G1 1PZ

Show More

Tenancy Details

Type of Agreement: Basic Lease
Length:
Rent: £13,200 per year / £1,100 per month
Yield: 13% (approx)
Tenant: Private Individual
Notes:

Document Downloads

Home Report (Pending) Legal Pack (Available)

Pricing Information & Bidding

Opening Bid: £98,000

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.

View Live Online Auction

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.

Submit Offer Now

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.

Payment Calculator

Auction Details

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

View Full Auction Catalogue