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Description

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

SOUTHSIDE GLASGOW RESIDENTIAL NVESTMENT OPPORTUNITY *** Two Bedroom First Floor Flat located within a highly desirable area of Cathcart in Glasgow's Southside. Cathcart Road rented at £650 pcm.

First Floor Flat comprises; Entrance Hallway, Living Room, Kitchen, Two Double Bedrooms and Shower Room. Benefits secure door entry system, communal gardens to the rear.

PERFECT INVESTMENT PROPERTY. Should appeal to buy-to-let investors / landlords with rental income of £650 pcm (£7,800 Per Annum). EXCELLENT HIGH DEMAND RENTAL LOCATION. Sought after Glasgow SOUTHSIDE.

Local Sales Evidence - 1236 Cathcart Road, Flat 3-1, Glasgow, G42 9EY previously SOLD for £115,000 (September 2022). Ready let property sold with tenant in place. Managed by Private Landlord.

The Cathcart district is south of Glasgow City Centre. Leafy district benefiting from having excellent transport links throughout Glasgow with major bus routes on both Victoria Road and Cathcart Road.

SOUTHSIDE GLASGOW RESIDENTIAL NVESTMENT OPPORTUNITY *** Two Bedroom First Floor Flat located within a highly desirable area of Cathcart in Glasgow's Southside. Cathcart Road rented at £650 pcm. 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. COMPRISES : First Floor Flat with Entrance Hallway, Living Room, Kitchen, Two Double Bedrooms and Shower Room. Benefits secure door entry system, communal gardens to the rear. Local Sales Evidence - 1236 Cathcart Road, Flat 3-1, Glasgow, G42 9EY previously SOLD for £115,000 (September 2022). Ready let property sold with tenant in place. Managed by Private Landlord.

Highly sought after area close to neighbouring Shawlands, Mount Florida and up market Newlands, Langside and Queens Park. Excellent catchment area of sought after locations. Leafy busy road close to Hampden Stadium, Queens Park and several up-market modern housing complexes. Excellent Transport Links with M74 and M8 Motorway a short 5 minute drive. Glasgow City Centre is about 10 minutes with excellent train, bus or road links. Popular rental area with students at Strathclyde and Glasgow University all easy commuting distance. Recreational pursuits are readily accessible via Albert Park and Queens Park is also only a short distance from this property. Local shopping and entertainment districts including Shawlands and Silverburn are readily accessible and the highly desirable Queens Park, which plays host to farmers markets and a number of other popular recreational pursuits, is on the doorstep of this property

Full Address: 524 Cathcart Road, Flat 1-2, Glasgow, G42 8YG

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Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length: Annual
Rent: £7,800 per year / £650 per month
Yield: 7% (approx)
Tenant: Private Individual
Notes: Rental £650 per month (£7,800 per annum) on PRT agreement (Private Residential Tenancy). Managed by private landlord.

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Pricing Information & Bidding

Opening Bid: £115,000

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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