Deadline for Offers

09 December 2021, 3pm

Bidding Closes in

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  • TypeFlat
  • Ownership Freehold
  • Occupation Tenanted
  • Bedrooms 4
  • Council Tax Search SAA

Description

Full Address: 385 Sauchiehall Street, Flat 1-2, Glasgow City Centre, G2 3HU

**PRIME CITY CENTRE APARTMENT** Modern, First Floor 4 bedroom HMO property located in the heart of Sauchiehall Street. Immediate income producing investment with rental income of 20,400 per annum.

FULLY REFURBISHED FIRST FLOOR PROPERTY with Gas Central Heating, Double Glazing and Secure Entry system. Large open plan kitchen/ lounge/ diner, modern bathroom, seperate shower room and 4 large double bedrooms.

PEREFCT PURCHASE FOR INVESTOR with immediate income of 20,400 per annum and potential to increase rent in line with current market conditions to a realistic level of 30,000 per annum within HIGH DEMAND LOCATION for HMOs

EXTREMELY HIGH YIELDING POTENTIAL FOR AIRBNB/ SHORT-TERM RENTAL. Super location with realistic potential income of over 150,000 per annum (based on 50 per bed per night and 80% annual occupancy)- conservative figures.

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

**PRIME CITY CENTRE APARTMENT** Modern, First Floor 4 bedroom HMO property located in the heart of Sauchiehall Street. Immediate income producing investment with rental income of 20,400 per annum. FULLY REFURBISHED FIRST FLOOR PROPERTY with Gas Central Heating, Double Glazing and Secure Entry system. Large open plan kitchen/ lounge/ diner, modern bathroom and 4 large double bedrooms. PEREFCT PURCHASE FOR INVESTOR with immediate income of 20,400 per annum and potential to increase rent in line with current market conditions to a realistic level of 30,000 per annum within HIGH DEMAND LOCATION for HMOs EXTREMELY HIGH YIELDING POTENTIAL FOR AIRBNB/ SHORT-TERM RENTAL. Super location with realistic potential income of over 150,000 per annum (based on 50 per bed per night and 80% annual occupancy)- conservative figures. 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

Glasgow City Centre location close to STRATHCLYDE UNIVERSITY, CALEDONIAN UNI & recently redeveloped CITY OF GLASGOW COLLEGE has recently been redeveloped into an up-market residential, leisure and shopping area with a number of popular bars and restaurants serving the diverse residential population. RARE OPPORTUNITY TO BUY PRIME PROPERTY IN GLASGOW CITY CENTRE.

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Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length: rolling
Rent: 18,000 per year / 1,500 per month
Yield: 4% (approx)
Tenant: Private Individual
Notes:

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Location

Pricing Information & Bidding

Guide Price: £450,000


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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