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Description

  • Status: Available
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Tenanted
  • Bedrooms: 3
  • Council Tax: Search

Large 3 bed modern apartment on 1st Floor in sought after Kingston Quay, within City Centre. Tenanted with PRT Lease at £1,595 pcm (£19,140 p.a)

Modern property comprises Hallway, 3 double bedrooms (one with ensuite), spacious family sized bathroom, kitchen/lounge. Concierge in building, Secure Entry, Lift to all floors.

Recent extensive common area repairs have been actioned by the factors who have spent £2million on common areas, changing all ceilings, new carpets through out, new decor etc

Features: Lift access to all floors. Private secure parking. Glasgow's bustling City centre and vibrant International Financial Services District (IFSD) are a short walk over the Squiggly Bridge.

Prominent Kingston Quay Development in the thriving Tradeston district to the south of the City Centre. MASSIVE TENNANT DEMAND. Tenanted with PRT Lease at £1,595pcm (£19,140 Per Annum.

100% PRIME INVESTMENT OPPORTUNITY. Large 3 bed modern apartment on 1st Floor in sought after Kingston Quay, within Glasgow City Centre. Tenanted with PRT Lease at £1,595pcm (£19,140 p.a) Modern property comprises Hallway, 3 double bedrooms (one with ensuite), spacious family sized bathroom, kitchen/lounge. Concierge in building, Secure Entry, Lift to all floors. Recent extensive common area repairs have been actioned by the factors who have spent £2million on common areas, changing all ceilings, new carpets through out, new decor etc Features: Lift access to all floors. Private secure parking. Glasgow's bustling City centre and vibrant International Financial Services District (IFSD) are a short walk over the Squiggly Bridge. Prominent Kingston Quay Development in the thriving Tradeston district to the south of the City Centre. MASSIVE TENNANT DEMAND. Tenanted with PRT Lease at £1,595pcm (£19,140 Per Annum.

Situated in the increasingly popular locale immediately south of the River Clyde approximately one mile from the City Centre with local amenities including The Quay Leisure Complex and there is access to Glasgow's fine selection of bars, restaurants and shopping facilities as well as access to the M8/M77 motorway network. The highly desirable southside entertainment hub of Shawlands is nearby with its coffee shops and bars offering a competitive student and professional tenant base. The development is very well placed on the South side of the Clyde giving easy access to Glasgow's business district, Strathclyde and Caledonian universities and local amenities including shops, bars, cafes, restaurants at Kinning Park and Clydeside.

Full Address: 220 Wallace Street, Apartment 1-4, Glasgow, G5 8AF

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Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length: Rolling
Rent: £19,140 per year / £1,595 per month
Yield: 15% (approx)
Tenant: Private Individual
Notes: Rent £1595.00 and deposit of £1695.00 NO RENT ARREARS

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Pricing Information & Bidding

Opening Bid: £128,000

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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