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Description
Spacious garage with lockable up and over door situated in the Newlands area on the Southside of Glasgow. Rental income £120 per month - £1,440 per annum.
Spacious garage with lockable up and over door situated in the Newlands area in the Southside of Glasgow.
Situated within this highly sought after south side locale, nearby Shawlands offers a diverse range of facilities including supermarkets, bars and restaurants
The area benefits from frequent public transport services by both bus and rail connecting Newlands with Glasgow city centre and other surrounding areas.
FANTASTIC BUY TO LET INVESTMENT with instant income and great capital growth potential. Superb location in one of Glasgow's most sought after areas Newlands. Lovely park and shops nearby. Tenant been occupation over 7 years and keen to stay long term all rent up to date and excellent tenant. TENANTED GARAGE PREMISES Rental income £120 per month - £1,440 per annum. Managed by Letting Agent. Tenant been occupation over 7 years and keen to stay long term all rent up to date and excellent tenant. The area benefits from frequent public transport services by both bus and rail connecting Newlands with Glasgow city centre and other surrounding areas. Pollokshaws East train station is a 5 minute walk and the M8, M77 and M74 motorways are easily accessible. Recreational activities can be found at Queens Park and the award-winning Pollok Country Park. Nearby areas such as Giffnock and Strathbungo offers a further array of excellent coffee shops, cafes, pubs and restaurants. Residential House prices in Corrour Road have an overall average of £502,500 over the last year. The majority of properties sold in Corrour Road during the last year were semi-detached properties, selling for an average price of £730,000. Flats sold for an average of £275,000. Overall, the historical sold prices in Corrour Road over the last year were 58% up on the previous year and 31% up on the 2020 peak of £382,668.
Solid tenant base from professionals of Shawlands, Newlands and South Side whilst convenient for Silverburn Shopping Complex, Langside College, Glasgow College of Nautical Studies and Glasgow City Centre (15 minutes) are all readily accessible. Highly sought after area close to neighbouring Shawlands, Mount Florida and up market Newlands, Langside and Queens Park.
Full Address: 13 Corrour Place, Newlands, Glasgow, G43 2DX
Show MoreMap & Location
Map Street View SatelliteSpecial Terms of Sale
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Buyers Fee (?) 3% of Sale Price (Minimum of £3250 +vat)
Please use our PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.
Tenancy Details
Type of Agreement: Basic LeaseLength: Annual
Rent: £1,440 per year / £120 per month
Yield: 10% (approx)
Tenant: Private Individual
Notes: Rental income £120 per month - £1,440 per annum. Managed by Letting Agent. Tenant been occupation over 7 years and keen to stay long term all rent up to date and excellent tenant.
Document Downloads
* 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.
Pricing Information & Bidding
Opening Bid: £14,000
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 of Sale
- 10% Deposit (Minimum £3,000)
- Standard Completion (Unless specified differently in any Special Conditions of Sale)
- 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 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.
* 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.