Timed Online Auction

21 October 2021, 10am-3pm

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

Description

Full Address: 75 Skirving Street, First Floor Flat, Shawlands, Glasgow, G41 3AH

*PRIME INVESTMENT PROPERTY* Fully Refurbished one bedroom tenement property located in the heart of the popular Glasgow suburb of Shawlands with immediate rental income of £525pcm (£6,300 per annum).

IMMEDIATE INCOME PRODUCING INVESTMENT IN PRIME SHAWLANDS LOCATION. Comprises Entrance hall, living room with bedroom recess, dining kitchen with recess and bathroom. Deposit of £700 held in rent deposit scheme.

Property has been FULLY REFURBISHED following a fire in the building with new Double Glazing EXCELLENT INVESTMENT OPPORTUNITY in extremely sought after locale. RENTAL POTENTIAL OF £7,800 PER ANNUM

RECENT SALES: 32 2/1, Skirving Street, £236,555- Feb 2021 59 3/1, Skirving Street, £196,500- Mar 2021 36 Skirving Street, £250,00- Nov 2020 28 G/l, Skirving Street, £227,000- Oct 2020

Located within the affluent and trendy Shawlands district in the Southside of Glasgow. Close to a number of eateries and bars. Ideally located for supermarkets and transport links to the City Centre.

**LOW RENT- WITH REALISTIC RENTAL POTENTIAL OF £700PCM (£8,400 PER ANNUM). *PRIME INVESTMENT PROPERTY* Fully Refurbished one bedroom tenement property located in the heart of the popular Glasgow suburb of Shawlands with immediate rental income of £525pcm (£6,300 per annum). IMMEDIATE INCOME PRODUCING INVESTMENT IN PRIME SHAWLANDS LOCATION. Comprises Entrance hall, living room with bedroom recess, dining kitchen with recess and bathroom. Deposit of £700 held in rent deposit scheme. Property has been FULLY REFURBISHED following a fire in the building with new Double Glazing to the front and provides an EXCELLENT INVESTMENT OPPORTUNITY within extremely sought after locale. REALISTIC RENTAL POTENTIAL OF £7,800 PER ANNUM RECENT SALES: 32 2/1, Skirving Street, £236,555- Feb 2021 59 3/1, Skirving Street, £196,500- Mar 2021 36 Skirving Street, £250,00- Nov 2020 28 G/l, Skirving Street, £227,000- Oct 2020 Located within the affluent and trendy Shawlands district in the Southside of Glasgow. Close to a number of eateries and bars. Ideally located for supermarkets and transport links to the City Centre. As property is tenanted; no viewings will be offered. Sold with tenant in place.

The property enjoys a central position within Shawlands and sits just minutes walk from excellent amenities including Pollokshaws East Train Station, a wide variety of shops, cafes and bars on Kilmarnock Road and Pollokshaws Road. Shawlands is a fashionable & trendy district known locally as being the entertainment hub of Glasgow’s Southside & is a popular and highly desirable residential location with excellent transport links and amenities nearby including trendy bars, restaurants and excellent shopping facilities. ***Nearby amenities include Queens Park, The Victoria Infirmary Hospital & Langside College***

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Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length: rolling
Rent: £6,300 per year / £525 per month
Yield: 5% (approx)
Tenant: Private Individual
Notes:

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Location

Pricing Information & Bidding

Opening Bid: £108,000

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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: 21 October 2021, 10am-3pm
Type: Timed Online Auction

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