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Description

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

INVESTMENT PROPERTY. Large one bedroom first floor flat located in affluent Glasgow Southside location. HIGH TENANT DEMAND LOCATION - RENTAL INCOME of £464 PER MONTH. Freehold Residential Sale.

First Floor Flat comprises; Entrance hallway, Living room, Kitchen, Bedroom and Bathroom. Secure door entry. Communal Gardens. INVESTMENT PROPERTY in SOUGHT AFTER SOUTHSIDE GLASGOW LOCATION.

SALE - 9 Craig Road, Glasgow, G44 3DW previously SOLD for £124,146 (October 2022). Ideal for buy-to-let investor looking for a let rental property to expand residential portfolio. Built circa 1900.

Cathcart benefits from frequent public transport services by both bus and rail connecting the district with Glasgow city centre and the surrounding area. Prime tenant pool in local area for landlord.

Four storey tenement block of eight flats built circa 1900. The main walls are approximately 600mm sandstone construction. Property stands on an adequate residential site with outside areas.

The property is a purpose built first floor flat in a four storey tenement block of eight flats. Built circa 1900. RICS Home Report Valuation £85,000 (Eighty Five Thousand Pounds Sterling) EPC Rating - Band C. Tenanted Property 1 Bed 1st floor flat in prime southside location. Features Gas Central Heating and Double Glazing. Ready let property sold with tenant in place paying £464 per month £5,568 per annum *** All rent paid and up to date *** Property will be sold with tenant in place. Settled long-term tenant with perfect payment history giving immediate rental income. Situated a short walk from both Cathcart Road and Victoria Road, the property enjoys a wide and varied range of shopping and public transport to include regular bus services providing a short commute. SUPER RENTAL LOCATION only 10 minutes from Glasgow City Centre with excellent transport links via train links at Muirend and bus routes along Cathcart Road. Easy access to city centre and the M77 motorway network. Super location close to Train Station and major employers in the area including Scottish Power and Celeros Flow Technology. PERFECT INVESTMENT OPPORTUNITY - LOCAL SALES: 15 Craig Road, Flat 3-2, Glasgow, G44 3DW sold for £120,013 (February 2024). 9 Craig Road, Flat 1-1, Glasgow, G44 3DW sold for £125,000 (September 2023). 35 Craig Road, Flat 0-2, Glasgow, G44 3DW sold for £115,000 (January 2023). Located on the outskirts of the famous and trendy Southside district of Shawlands and the increasingly popular Strathbungo are both approximately 1 mile away, offering an additional range of facilities including supermarkets, high street banking, trendy bars and cosmopolitan restaurants. The M8 and M77 motorways are easily accessible and recreational activities can be found at the nearby Queens Park as well as the fantastic Battlefield Community Project Garden which is situated at the corner of Arundel Drive and Ledard Road. PRICED FOR ACUTION SALE, Walk in Condition or Buy to Let opportunity. Property is located in a fantastic location and is sure to appeal to buy to let landlords looking for an affordable property in the southside of Glasgow ** Prime Glasgow Southside Location ** High demand rental location close to an excellent range of bars, restaurants, transport links and major employers including Celleros, Call Centre Academy and New Victoria Hospital.

Prime tenant pool for landlord looking for rental investment - Local facilities include the Victoria Hospital, Langside Nursery, Battlefield Primary School, Langside Library and Glasgow Clyde College. Shawlands and the increasingly popular Strathbungo are both approximately 1 mile away, offering an additional range of facilities including supermarkets, high street banking, trendy bars and cosmopolitan restaurants. The immediate district of Cathcart also has many shops and services available. Public transport includes train stations at Langside, Cathcart and Kings Park (all with connections to Glasgow Central. Further shopping can be found at The Avenue Shopping Centre in Newton Mearns and Silverburn Shopping Complex which are both only a short drive away. Also close at hand are excellent public transport and motorway links allowing easy access to Glasgow City Centre and destinations further afield. The M8 and M77 motorways are easily accessible and recreational activities can be found at the nearby Queens Park as well as the fantastic Battlefield Community Project Garden which is situated at the corner of Arundel Drive and Ledard Road.

Full Address: 15 Craig Road, Flat 1-2, Cathcart, Glasgow, G44 3DW

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Tenancy Details

Type of Agreement: Short Assured Tenancy (SAT)
Length: Annual
Rent: £5,568 per year / £464 per month
Yield: 9% (approx)
Tenant: Private Individual
Notes: RENTAL INCOME of £464 PER MONTH - £5,568 per annum. Managed by Landlord.

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Pricing Information & Bidding

Opening Bid: £65,000

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: 09 January 2025, 10am-3pm
Type: Timed Online Auction

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