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Description
- Status: Available
- Type: Flat
- Ownership: Freehold
- Occupation: Tenanted
- Bedrooms: 2
- Council Tax: Search
***FREEHOLD, tenanted 2 Bedroom Modern Flat Located in a Modern Development*** Current rent £550 pm / £6,600 pa***
***The property is presented in good order and comprises, entrance hallway, lounge, kitchen, bathroom and 2 bedrooms***
***Potential rental up to £895pm / £10,740pa. Potential to raise rents to market rate to produce a high yielding rental property***
***Recent sold prices, 1/1, 455 Old Shettleston Road, May 25. £110,000 1/1, 571 Old Shettleston Road. Apr 25. £143,000***
***Full lettings management package available for buyers looking for hands free investment***
***FREEHOLD, tenanted 2 Bedroom Modern Flat Located in a Modern Development*** Current rent £550 pm / £6,600 pa*** ***The property is presented in good order and comprises, entrance hallway, lounge, kitchen, bathroom and 2 bedrooms*** ***Potential rental up to £895pm / £10,740pa. Potential to raise rents to market rate to produce a high yielding rental property*** ***Recent sold prices, 1/1, 455 Old Shettleston Road, May 25. £110,000 1/1, 571 Old Shettleston Road. Apr 25. £143,000*** ***Full lettings management package available for buyers looking for hands free investment***
Tenancy Details
Type of Agreement: Private Residential Tenancy (PRT)Length: Rolling
Rent: £6,600 per year / £550 per month
Yield: 11% (approx)
Tenant: Private Individual
Notes:
Maps & Location
Map Street View SatelliteShettleston area of Glasgow’s East End approximately 5 miles from the city centre. The area is further enhanced with the award winning Tollcross Park, Shettleston Library and the popular retailing destination of The Forge Shopping Centre and Retail Park. There is quick access to the M74 motorway providing further easy access to the M77 and M8 road network. Good bus links to Glasgow City Centre and local train station at Shettleston.
Document Downloads
Pricing Information & Bidding
Opening Bid: £60,000
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.View Live Online Auction
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 & Conditions of Sale
- 10% Deposit (Minimum £3,000)
- Standard Completion (Unless specified differently in any Special Conditions of Sale)
- Buyers Fee = 1% of Sale Price (Minimum £2,500 + vat)
Use our DEPOSIT CALCULATOR to confirm the reservation deposit & buyers fee for this property at a specified bid level.
Calculate Deposit & Fee
STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request an earlier or later completion date which will be detailed in any Special Conditions of Sale for this lot. Buyers must satisfy themselves prior to bidding as to the terms on offer for each property which may differ in deposit amount, completion and buyers fee.
* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.
General Terms & Conditions of Sale
Lot Specific Terms - 495Old Shettleston Road Flat B, Glasgow