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Description

• Status: Available
• Type: Flat

• Ownership: Freehold
• Occupation: Tenanted

• Bedrooms: 1
• Council Tax: Search

TENANTED INVESTMENT PROPERTY*** One bedroom second floor flat located within popular residential area of Glasgow close to amenities and transport links. IMMEDIATE RENTAL INCOME.

Second floor flat comprises; Entrance hallway, living room / kitchen, bedroom and bathroom. Communal gardens to the rear. Parking available. HUGE RETURN ON INVESTMENT***

EXCELLENT BUY-TO-LET OPPORTUNITY*** Currently LET at £500pcm (£6,000 Per Annum) SUPER YIELD***

Local sales evidence; 105 2/1, Knapdale Street, Glasgow G22 6PD previously SOLD for £65,000 in Nov 2023***

Situated in an established residential area of Glasgow. Excellent for commuters with trains, buses and M8 Motorway.

TENANTED INVESTMENT PROPERTY*** One bedroom second floor flat located within popular residential area of Glasgow close to amenities and transport links. IMMEDIATE RENTAL INCOME. Second floor flat comprises; Entrance hallway, living room / kitchen, bedroom and bathroom. Communal gardens to the rear. Parking available. Close to the Forth and Clyde canal as well as being within easy reach of the city centre. Local sales evidence; 105 2/1, Knapdale Street, Glasgow G22 6PD previously SOLD for £65,000 in Nov 2023*** Situated in an established residential area of Glasgow. Excellent for commuters with trains, buses and M8 Motorway.

Full Address: 11 Kilfinan Street, Flat 2-2, Glasgow, G22 6QR

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Tenancy Details

Type of Agreement: Basic Lease
Length:
Rent: £6,000 per year / £500 per month
Yield: 18% (approx)
Tenant: Private Individual
Notes:

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Pricing Information & Bidding

Opening Bid: £34,000

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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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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