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Description

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

***Turnkey investment rental property*** Tenanted property producing immediate income*** Current rent £368 pm***Potential to increase rent to market rate over a period***Market rent up to £850pm***

***£16,000 discounted guide price against home report value***Immediate equity on purchase***Great long term investment opportunity in area of growing property values***

***The property comprises, entrance hallway, lounge, kitchen, bedroom and shower room***Benefits include, gas central heating and double glazing***

***Long term tenant with no rent arrears, the lease is professionally managed via letting agent for any investor looking for hands free rental***

***Located at the corner of Cumbernauld Road ad Roslea Drive, properties in this area are in high demand***Hot spot for rentals***

***Turnkey investment rental property*** Tenanted property producing immediate income*** Current rent £368 pm***Potential to increase rent to market rate over a period***Market rent up to £850pm*** ***£16,000 discounted guide price against home report value***Immediate equity on purchase***Great long term investment opportunity in area of growing property values*** ***The property comprises, entrance hallway, lounge, kitchen, bedroom and bathroom***Benefits include, gas central heating and double glazing*** ***Long term tenant with no rent arrears, the lease is professionally managed via letting agent for any investor looking for hands free rental*** ***Located at the corner of Cumbernauld Road ad Roslea Drive, properties in this area are in high demand***Hot spot for rentals***

Close to Glasgow City, the Merchant City and Universities. ***Popular student & professional locale.*** Sought after Dennistoun district of Glasgow. The Dennistoun district is a fantastic location benefiting from excellent transport links to Glasgow City Centre via bus routes on Alexandra Parade and Duke Street and is well serviced by local train stations. The local district is popular with students at Glasgow Caledonian & Strathclyde Universities and staff at The Royal Infirmary Hospital. A number of amenities are located nearby including Alexandra Park, The Forge Shopping Centre and Retail Park and the shopping district of Duke Street.

Full Address: 51 Cumbernauld Road, Flat 2-2, Glasgow, G31  2SN

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Pricing Information & Bidding

Opening Bid: £52,000

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: 29 May 2025, 10am-3pm
Type: Timed Online Auction

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