Deadline for Offers

09 December 2021, 3pm

Bidding Closes in

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

Description

Full Address: 50-58 Jamaica Street, Flat 6-07, Glasgow , G1 4QG

Tenanted flat in CITY CENTRE location. IMMEDIATE RENTAL INCOME OF £5,280 PER ANNUM. Excellent Investment Opportunity. UNBELIEVABLE HIGH YIELDING INVESTMENT OPPORTUNITY.

PEREFCT PURCHASE FOR INVESTOR with immediate income of £5,280 per annum and potential to increase rent in line with current market condition. HIGH TENANT DEMAND LOCATION.

Property benefits from a private residents' gym, a games room and an entertainment room along with numerous communal areas where students can socialise with other like-minded residents.

OPPORTUNITY TO BUY PRIME PROPERTY IN GLASGOW CITY CENTRE. Well placed for a wide range of amenities & excellent retail shopping facilities.

Excellent rental location for long-and short-term owing to excellent proximity to city centre amenities, transport links and location for Universities and colleges. 100% PRIME INVESTMENT PROPERTY.

Tenanted flat in CITY CENTRE location. IMMEDIATE RENTAL INCOME OF £6,760 PER ANNUM. Excellent Investment Opportunity. PEREFCT PURCHASE FOR INVESTOR with immediate income of £6,760 per annum and potential to increase rent in line with current market condition. HIGH TENANT DEMAND LOCATION. The apartment offers an open plan space with kitchenette comprising integrated hob & oven along with sink and refrigerator. The space benefits from partitioned shower room. Property benefits from a private residents' gym, a games room and an entertainment room along with numerous communal areas where students can socialise with other like-minded residents. Excellent rental location for long-and short-term owing to excellent proximity to city centre amenities, transport links and location for Universities and colleges. 100% PRIME INVESTMENT PROPERTY.

The property is well located for Glasgow's amenities within the city centre including transport links which are available by bus and rail and there is also a subway link taking the commuter to Glasgow's West End and parts of South Side. The M8 motorway network is within minutes with connections at Charing X offering direct and quick access to Stirling, Edinburgh, Ayr and throughout the central belt *** Glasgow is Scotlandís Largest City With an Urban metro population of circa 2.85m people & is regarded as Scotlandís economic powerhouse. World Renowned Glasgow City Centre within the Glasgow International Financial Services District.

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Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length:
Rent: £5,280 per year / £440 per month
Yield: 10% (approx)
Tenant: Private Individual
Notes:

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Location

Pricing Information & Bidding

Guide Price: £55,000


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: 09 December 2021, 3pm
Type: Deadline for Offers

View Full Auction Catalogue

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