Deadline for Offers

25 June 2021, 4pm

Bidding Closes in

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  • TypeFlat
  • Ownership Freehold
  • Occupation Tenanted
  • Bedrooms 1
  • Council Tax Search SAA

Description

Full Address: 161 Allison Street, Flat 3-1, Glasgow, G42 8RY

***IDEAL BUY-TO-LET INVESTMENT*** READY LET traditional 1 bedroom tenement flat located in HIGH DEMAND RENTAL LOCATION in Glasgow's popular Southside close to major amenities.

Immediate rental income at 500PCM (6,000 Per Annum) giving an impressive yield of over 10% Yield at current guide price. PRIME TENANT LOCATION with HIGH RENTAL DEMAND. Excellent payment history

The highly desirable southside entertainment hub of Shawlands is nearby with its coffee shops and bars, as is Langside College, The Nautical College & The award winning 02 Academy.

Sales Evidence; 27 Allison St, Glasgow, G42 SOLD for 105,000 in Aug 2020*** 323 Allison St, Glasgow G42 SOLD for 117,000 in Jun 2020*** 40 Daisy Street, Glasgow, G42 SOLD for 156,000 in Aug 2020***

Central & desirable location benefiting from having excellent transport links to Glasgow City Centre by car (circa 10 minutes), by train (Queens Park train station is on route to Glasgow Central.

Traditional 1 bedroom tenement flat located in HIGH DEMAND RENTAL LOCATION in Glasgow's popular Southside. IDEAL BUY-TO-LET INVESTMENT*** EPC BAND D.Tenanted at 500PCM (6,000 Per Annum) 10% Yield at current guide price. PRIME TENANT LOCATION with HIGH RENTAL DEMAND. The highly desirable southside entertainment hub of Shawlands is nearby with its coffee shops and bars, as is Langside College, The Nautical College & The award winning 02 Academy. Sales Evidence; 27 Allison St, Glasgow, G42 SOLD for 105,000 in Aug 2020*** 323 Allison St, Glasgow G42 SOLD for 117,000 in Jun 2020*** 40 Daisy Street, Glasgow, G42 SOLD for 156,000 in Aug 2020*** Central & desirable location benefiting from having excellent transport links to Glasgow City Centre by car (circa 10 minutes), by train (Queens Park train station is on route to Glasgow Central.

Allison Street is a central and desirable location benefiting from having excellent links to Glasgow City Centre by car (circa 10 minutes) or via train at Queens Park station to Glasgow Central. The property is located within a refurbished block off CATHCART ROAD close to 3 TRAIN STATIONS providing super access to CITY CENTRE and across Glasgow. Highly desired location close to all public transport links with Crosshill train station nearby with Shawlands with its diverse bars, restaurants and shopping facilities. Moving outwards from Shawlands, the South side of Glasgow extends into the highly sought after suburbs of Newlands, Pollokshields, Langside and Cathcart. Thus revealing a diverse range of family housing stock ranging from affordable semi and detached properties to some of the finest examples of classical and neo gothic villas. Acting as a peaceful haven for growing families and served with an array of local amenities and attractions, such leafy suburbs continue to expand and grow in popularity.

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Tenancy Details

Type of Agreement: Basic Lease
Length:
Rent: 6,000 per year / 500 per month
Yield: 12% (approx)
Tenant: Private Individual
Notes: 500PCM

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Location

Pricing Information & Bidding

Guide Price: £50,000


What is a Guide Price... Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change prior to the auction.

Offer Now... You may submit an offer now on this property for the owner to consider ahead of the set auction. 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 = 2.5% of Sale Price (Minimum £2,500 + vat)

* STANDARD TERMS are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

Auction Details

Date & Time: 25 June 2021, 4pm
Type: Deadline for Offers

View Full Auction Catalogue

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