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Description

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

TENANTED INVESTMENT PROPERTY *** Large three bedroom tenanted flat in PRIME SOUTHSIDE LOCATION close to amenities and transport links. IMMEDIATE RENTAL INCOME with RENT PAID DIRECT TO LANDLORD.

LOCAL SALE: 205, Langside Road, Glasgow, G42 8XY sold for £187,100 (Sep 2024). 231, Langside Road, Glasgow, G42 8XY sold for £246,500 (November 2023). Freehold Residential Sale.

Currently LET at £700 pcm (£8,400 per annum) Low rent for this area - three bedroom flats in this area can let for £1000pcm - £1200pcm (£12,000 - £14,400 per annum. EXCELLENT INVESTMENT PROPERTY.

First Floor Flat comprises - Entrance hallway, living room, kitchen, three bedrooms and bathroom. Communal gardens to the rear. On street parking available. MOTIVATED VENDOR SALE.

--- Priced for Quick Auction --- Well positioned for shopping on nearby Victoria Road. Shawlands is within 10 minutes walk which offers a host of bars, restaurants and recreational facilities.

Three-bedroom traditional tenement apartment occupying a third floor position and offers substantial, versatile accommodation that will appeal to professional couples and growing South Side families who wish to take full advantage of the highly regarded local schools. EXTREMELY POPULAR RENTAL LOCATION. Perfect opportunity for Landlord and Residential Investors. FACTORED BUILDING. The property is positioned within walking distance of shops and amenities on Victoria Road and further afield on Pollokshaws Road. FULL REFURB INTERNALLY AND EXTERNALLY. Attractive sandstone building. Langside Road is an extremely popular address in the South Side district of Queen's Park. Known for it's attractive collection of particularly large tenements - this address is conveniently placed for gaining easy access to all South Side amenities. The property's front door is just a short walk from Torrisdale Street and as such it is possible to reach Queen's Park Rail Station and bus routes within minutes of leaving the apartment. New Victoria Hospital is within 1 of a mile of the home for sale making this an ideal base for those working at the institution. Super rental potential £700 PCM - £8,400 per annum. Glasgow City Centre within 10 minutes. LOCAL SALES EVIDENCE: 80 Langside Road, Flat 1/1, Glasgow sold for £71,000. 80 Langside Road, Flat 3/3, Glasgow sold for £79,995, Flat 2/2, 80 Langside Road SOLD £83,500, Flat 1/1, 80 Langside Road SOLD £85,500. SALE - 247 Langside Road, Flat 3/1 WAS SOLD £115,000. --- Priced for Quick Auction Sale --- Secure door entry system with good sized lounge, large main bedroom faces onto Landside Road with twin windows, built-in cupboard and decorative cornicing. There are two further double sized bedrooms, kitchen and family bathroom. Queen's Park has become one of the most sought after pockets to be found anywhere in Glasgow. The eclectic mix of bars, cafes and eateries make it enormously popular and with this flat you have them around the corner. There are also excellent transport links nearby including numerous bus routes on Pollokshaws Road and Queens Park train station a short distance away. We have been made aware that there may have been repayment charges secured against this title by Glasgow City Council and that buyers should satisfy themselves as to this prior to bidding. Moreover, Govanhill offers more affordable housing options, making it an attractive place for students, young professionals, and families. The availability of tenement flats and other housing types provides a range of options for different budgets. Property may be subject to an outstanding notice to Glasgow City Council for outstanding building repairs. All buyers are encouraged to investigate fully into outstanding repair notices prior to successful auction sale bidding.

Govanhill has a variety of local shops, markets, and eateries that cater to diverse tastes and needs. The presence of international grocery stores, cafes, and restaurants adds to the convenience and appeal of the area. The neighbourhood is well-connected to the rest of Glasgow through public transportation. With several bus routes and nearby train stations, residents can easily access the city centre and other parts of Glasgow for work, education, or leisure. Well positioned for local shopping which can be found on nearby Victoria Road. Trendy Shawlands is within 10 minutes walk which offers a host of bars, restaurants and recreational facilities. Queens Park and Linn Park are both a short journey away with tennis courts, mini golf and rambling paths. Main bus and rail links are within easy reach providing a swift commute to the City Centre and beyond. Langside is an immensely popular area in the Southside of Glasgow with a range of nearby transport links, amenities and schooling, with Battlefield Primary School at the end of the street. Shawlands and Strathbungo are both within walking distance and the area offers a wide selection of local shops, salubrious bars, restaurants and cafes.

Full Address: 221 Langside Road, Flat 1-1, Queens Park, Glasgow, G42 8XY

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Tenancy Details

Type of Agreement: Short Assured Tenancy (SAT)
Length: Annual
Rent: £8,400 per year / £700 per month
Yield: 7% (approx)
Tenant: Private Individual
Notes: Rented at £700 per month (low rent for area) and managed by landlord.

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Pricing Information & Bidding

Opening Bid: £125,000

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: 06 February 2025, 10am-3pm
Type: Timed Online Auction

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