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Description

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

IMMEDIATE INCOME PRODUCING INVESTMENT. 2 bedroom upper maisonette property in PRIME RESIDENTIAL LOCATION within Rutherglen. Sold with settled tenant paying £5,736 per annum (£478pcm).

REFURBISHED PROPERTY set over 2 levels comprises Entrance hallway, Lounge, Modern Kitchen, 2 Double Bedrooms and Bathroom. Property benefits from balcony and parking in 100% PRIME RENTAL SPOT.

PERFECT INVESTMENT PROPERTY sold with settled tenant in place since May 2019 paying £478pcm (£5,735 per annum). **EXCELLENT PAYMENT HISTORY WITH ALL RENTAL PAYMENTS UP TO DATE**. Super yield.

RECENT SALES: 21 Slenavon Avenue, Rutherglen, 2 bed, £69,000- Sep 2023 24a Lochaber Drive, Rutherglen, £70,000- Oct 2023 32, Cruachan Road, Rutherglen, £72,095- Oct 2023 Capital growth potential.

SUPER RENTAL LOLCATION with easy access to town centre, minutes from Cathkin, St Anthony and Fernhill Primary Schools. Excellent transport links to Glasgow City Centre. Close to Burnside Train Station

IMMEDIATE INCOME PRODUCING INVESTMENT. 2 bedroom upper maisonette property in PRIME RESIDENTIAL LOCATION within Rutherglen. Sold with settled tenant paying £5,736 per annum (£478pcm). REFURBISHED PROPERTY set over 2 levels comprises Entrance hallway, Lounge, Modern Kitchen, 2 Double Bedrooms and Bathroom. Property benefits from balcony and parking in 100% PRIME RENTAL SPOT. PERFECT INVESTMENT PROPERTY sold with settled tenant in place since May 2019 paying £478pcm (£5,735 per annum). **EXCELLENT PAYMENT HISTORY WITH ALL RENTAL PAYMENTS UP TO DATE**. Super yield. RECENT SALES: 21 Slenavon Avenue, Rutherglen, 2 bed, £69,000- Sep 2023 24a Lochaber Drive, Rutherglen, £70,000- Oct 2023 32, Cruachan Road, Rutherglen, £72,095- Oct 2023 Capital growth potential. SUPER RENTAL LOLCATION with easy access to town centre, minutes from Cathkin, St Anthony and Fernhill Primary Schools. Excellent transport links to Glasgow City Centre. Close to Burnside Train Station

Rutherglen lies approximately 5 miles to the South West of Glasgow City Centre and has a resident population of circa 35,000 persons. Rutherglen enjoys a surrounding catchment drawn from many of the prosperous neighbouring communities to include Burnside, Cambuslang and Carmunnock. Ideal RENTAL INVESTMENT. Burnside, Rutherglen Main Street and East Kilbride all within minutes. Affordable and popular commuter location near to the highly acclaimed Clyde Gateway Regeneration Zone. Highly desirable within Rutherglen. From the property there is quick vehicular access to the main arterial routes which link to the city centre and outlying areas of Glasgow. Public transport is available within the area including the Rail network from either Burnside or Rutherglen. The motorway network is accessible via M74 at Cambuslang (Junction 2 or 2A).

Full Address: 16A Slenavon Avenue, Rutherglen, G73 5LY

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Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length: rolling
Rent: £5,736 per year / £478 per month
Yield: 13% (approx)
Tenant: Private Individual
Notes:

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Pricing Information & Bidding

Opening Bid: £44,000

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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Auction Details

Date & Time: 02 May 2024, 10am-3pm
Type: Timed Online Auction

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