Deadline for Offers

09 December 2021, 3pm

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 3-3, Glasgow, G42 8RY

IMMEDIATE INCOME PRODUCING INVESTMENT. Tenanted one bedroom tenement flat located within a high demand residential area in sought after Glasgow Southside. EXCELLENT RETURN ON INVESTMENT.

Tenanted at 450pcm (5,400 per annum). High tenant demand from students at Langside College, Glasgow Nautical College, Glasgow University. Settled long-term tenant with excellent payment history.

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***

This flat is perfectly situated for a range of transport links and amenities including the hugely popular bars, restaurants and cafes of Shawlands and Strathbungo. PERFECT INVESTMENT PROPERTY WITHIN EXTREMELY POPULAR RENTAL LOCATION.

The property benefits from having excellent access to Glasgow City Centre with local train stations at Queens Park & Pollokshields. Substantial shopping facilities can be found on Victoria Rd.

READY LET INVESTMENT. Tenanted one bedroom tenement flat located within a high demand residential area in sought after Glasgow Southside. PRIME SOUTHSIDE RENTAL LOCATION. Tenanted at 450PCM (5,400 P/A). High tenant demand from students at Langside College, Glasgow Nautical College, Glasgow University. Opportunity for landlords to expand a BUY TO LET PORTFOLIO. EPC BAND E. 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*** This flat is perfectly situated for a range of transport links and amenities including the hugely popular bars, restaurants and cafes of Shawlands and Strathbungo. The property benefits from having excellent access to Glasgow City Centre with local train stations at Queens Park & Pollokshields. Substantial shopping facilities can be found on Victoria Rd.

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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Floorplans

161  Allison Street, Flat 3-3  Glasgow

Click to Enlarge Floorplan Image

Tenancy Details

Type of Agreement: Basic Lease
Length:
Rent: 5,400 per year / 450 per month
Yield: 11% (approx)
Tenant: Private Individual
Notes: 450 PCM

Document Downloads

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Location

Pricing Information & Bidding

Guide Price: £47,000


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

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