NEW CLOSING DATE FOR OFFERS Friday 18th August 2017 at 5pm. Submit an Offer Now

Lot 3w

Guide Price: £24,000

17 Ravel Row, Flat G-3, Nr Dennistoun, Glasgow, G31 5EW


Purpose Built traditional tenement flat in Centrally Located popular district***Refurbished Blonde Sandstone Tenement Building***Asset Management Sale Instruction*** Potential Rent: £325pcm (£3,900 per annum)***GREAT LOCATION***


  • This compact self contained studio flat comprises spacious open plan living space with kitchen facilities and separate bathroom***IDEAL FOR LETTING*** Great High Yielding Investment Potential***14% Rental Return at Guide Price***
  • ***17 Ravel Row 3/L Sold £43k***17 Ravel Row 3/R Sold £42k***17 Ravel Row G/L Sold £42k***ALL SAME BUILDING AS FLAT BEING SOLD***
  • Benefits from having excellent transport links to City Centre, Universities, Hospitals & shopping centre.***Modern Houses Nearby***Estimated Yield at Guide Price: 14% + ***Popular location for Students, Nurses & Key Workers***Ideal Affordable Property***Sought After Rental District***
  • ***Potential High Yielding Investment Opportunity ***In an area with expected High Capital Growth Potential due to regeneration & ongoing Investment***Key arterial route within Glasgow***Ideal for Investors looking for Income & Long Term Growth***

Well positioned Studio flat located within a refurbished traditional blonde sandstone tenement building in popular sought after district near Dennistoun in Glasgow’s thriving East End.***Potentially High yielding Residential Investment Property in central location***Achievable rent £325pcm (£3900 per annum)***High amenity area*** and is popular with students, hospital staff & key workers. Excellent location convenient for City Centre, Merchant City, Caledonian & Strathclyde Universities, The Royal Infirmary Hospital & The Forge retail park & shopping centre and The City Park Office Complex*** ***High Volume of tenant demand*** The local district is a fantastic location benefiting from excellent transport links to Glasgow city centre via bus routes on Alexandra Parade and Duke Street and is well serviced by local train stations. The property is further enhanced due to substantial ongoing investment and regeneration of wider area. ***WILL ATTRACT SUBSTANTIAL INTEREST FROM INVESTORS)***

Floorplan:


Guide Price: £24,000


Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set no more than 10% above or below the advertised guide price.

Bid Now:


You may submit an offer now on any of our live properties for the sellers to consider. If they are will are willing to sell you the property now then it is a matter of making the 10% deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.










Open Viewings Scheduled:


Internal Open Viewings Explained:

This property will be open for internal viewings at the above dates and times. You do not need to register to attend these viewings, you can simply turn up as the property will be open during the scheduled times. Our viewing agent will be present to answer any of your questions and provide auction catalogues to viewers.

External Viewings Anytime:

You may view this property externally at any time. Please make sure that if the property is occupied or tenanted that you respect the privacy of the occupants. Additionally we advise that you print a copy of this schedule and take it with you in case of any neighbours questioning you at the property as to your intentions.


















Offer Now:

You may submit an offer now on any of our live properties for the sellers to consider. If they are will are willing to sell you the property now then it is a matter of making the 10% deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

Bid Live in Person:

Easily the best method is to attend the auction in person. The Glasgow Radisson is conveniently located in the Glasgow City Centre, a short walk from the Central Train Station and easily accessed from the M8 Motorway. The Edinburgh Marriott Hotel is conveniently located just minutes from Edinburgh Airport and the city centre.

Bid by Phone Live:

If you cant make the auction in person you can still make a live bid by telephone for this property. You will give instruction live over the phone with one of our staff in the room who will bid on your behalf and relay activity in the auction room. To register simply print off, complete and return the below form by email prior to 5pm of the auction day...

Proxy & Phone bidders phone... Download the Telephone Bidders Form

Bid by Proxy: (Ebay Style Highest Bid)

This is another option if you cannot make the auction in person. A Proxy bid is where you will leave your highest maximum bid for the property and the auctioneer will bid on your behalf. You will only ever bid one increment higher than the previous bidder. Proxy bidding rules out any potential issues with telephone reception or nerves regarding bidding in person or by telephone. To register simply print off, complete and return the below form by email prior to 5pm of the auction day...

Proxy & Phone bidders phone... Download the Proxy Bidders Form

Auction Details


  • Auction Date: 21 March 2017
  • Start Time: 7.00pm
  • Auction Location:
  • Glasgow Radisson Hotel
  • 301 Argyle Street, G2 8DL

Directions: View a Map & Directions to the Auction Venue.

Glasgow Radisson
| Edinburgh Marriott

Registration: You will need to be at the auction prior to the 7.00pm start time in order to register & make your way to the auction room. Bidding registration opens from 6:00pm. You will be required to present Photo ID and provide your contact and solicitor details in order to register.

Legal Packs: All legal packs will be available for inspection at our offices on the day of the auction and at the auction hall from 6:00pm.

Deposits: If you are a successful purchaser of a lot then a deposit of 10% will be required. The deposit is accepted by the following methods:

Deposit Method: Switch, Debit Card, Credit Card, Cash or Bankers Draft accepted only. Next Day Bank Transfer by prior arrangement only.