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Description
- Status: Available
- Type: Flat
- Ownership: Freehold
- Occupation: Tenanted
- Bedrooms: 1
- Council Tax: Search
TENANTED INVESTMENT PROPERTY*** One bedroom tenanted flat located on London Road close to Glasgow City Centre. IMMEDIATE RENTAL INCOME.
One bedroom First floor Flat. Perfect INVESTMENT with tenant in situ, ideal for BUY-TO-LET investor looking to expand portfolio.
EXCELLENT INVESTMENT OPPORTUNITY in HIGH TENANT DEMAND LOCATION. Low rent for this area, similar properties let for up to £795pcm (£9,540 PER ANNUM).
Local Sales Evidence; 2 Flat 1/1, Arcadia Place, Glasgow G40 1DS recently SOLD for £151,500 in April 2022*** 27 1/1, Macphail Street, Glasgow G40 1DNrecently SOLD for £158,000 in May 2022***
PRIME RENTAL LOCATION with access to the to City centre in under 10 minutes. Excellent for access to Glasgow's Universities & access to Glasgow Royal Infirmary creating constant tenant demand.
TENANTED INVESTMENT PROPERTY*** One bedroom tenanted flat located on London Road close to Glasgow City Centre. IMMEDIATE RENTAL INCOME EXCELLENT INVESTMENT OPPORTUNITY in HIGH TENANT DEMAND LOCATION. Low rent for this area, similar properties let for up to £795pcm (£9,540 PER ANNUM). One bedroom First floor Flat. Perfect INVESTMENT with tenant in situ, ideal for BUY-TO-LET investor looking to expand portfolio. Local Sales Evidence; 2 Flat 1/1, Arcadia Place, Glasgow G40 1DS recently SOLD for £151,500 in April 2022*** 27 1/1, Macphail Street, Glasgow G40 1DNrecently SOLD for £158,000 in May 2022*** PRIME RENTAL LOCATION with access to the to City centre in under 10 minutes. Excellent for access to Glasgow's Universities & access to Glasgow Royal Infirmary creating constant tenant demand.
Tenancy Details
Type of Agreement: Basic LeaseLength:
Rent: £6,000 per year / £500 per month
Yield: 6% (approx)
Tenant: Private Individual
Notes: £500pcm
Maps & Location
Map Street View SatellitePopular location within Glasgow's traditional East End offering super access to the City Centre. Excellent access to Strathclyde and Caledonian Universities. Excellent transport links to Glasgow City Centre via bus routes and train station
Document Downloads
Pricing Information & Bidding
Opening Bid: £95,000
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.
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Terms & Conditions of Sale
- 10% Deposit (Minimum £3,000)
- Standard Completion (Unless specified differently in any Special Conditions of Sale)
- Buyers Fee = 2% of Sale Price (Minimum £2,500 + vat)
Use our DEPOSIT CALCULATOR to confirm the reservation deposit & buyers fee for this property at a specified bid level.
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STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request an earlier or later completion date which will be detailed in any Special Conditions of Sale for this lot. Buyers must satisfy themselves prior to bidding as to the terms on offer for each property which may differ in deposit amount, completion and buyers fee.
* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.
General Terms & Conditions of Sale
Lot Specific Terms - 296CLondon Road, Glasgow