Check out this property for sale on PrimeLocation!

Property features

Prime Property Auctions is excited to present this large 2 bedroom cottage flat located within a prime location in Glasgow - ***home report valuation £85,000***
***35 Westray Square, Glasgow, G22 7AY Previously sold for £135,000. 168, Berneray Street, Glasgow, G22 7AU Previously sold for £157,500. 26, Chestnut Street, Glasgow, G22 6EX Previously sold for £181,000***
Property is currently tenanted on a Mears Contract at £595 p/m (£7,140 p/a), which would provide an excellent 10% gross yield if achieved for guide price of £65,000. Potential rent of £725 - £775 per month (£8,700 - £9,300) - ***high yielding opportunity***
Excellent Opportunity. Current Mears Contract is due to end in August 2024. Sure to appeal to shrewd investors looking for rare discounted opportunity they can put their own stamp on. Fantastic capital growth potential.
Property is located just a short 17 minute drive to the city centre of Glasgow, with easy access to public transport nearby. Property is close by to nearby schools and local amenities - ***prime buy to let location***

Property description

- Prime Property Auctions is excited to present this large 2 bedroom cottage flat located within a prime location in Glasgow - ***home report valuation £85,000***
- ***35 Westray Square, Glasgow, G22 7AY Previously sold for £135,000. 168, Berneray Street, Glasgow, G22 7AU Previously sold for £157,500. 26, Chestnut Street, Glasgow, G22 6EX Previously sold for £181,000***
- Property is currently tenanted on a Mears Contract at £595 p/m (£7,140 p/a), which would provide an excellent 11% gross yield if achieved for guide price of £65,000. Potential rent of £725 - £775 per month (£8,700 - £9,300) - ***high yielding opportunity***
- Excellent Opportunity. Current Mears Contract is due to end in August 2024. Sure to appeal to shrewd investors looking for rare discounted opportunity they can put their own stamp on. Fantastic capital growth potential.
- Property is located just a short 17 minute drive to the city centre of Glasgow, with easy access to public transport nearby. Property is close by to nearby schools and local amenities - ***prime buy to let location***
Prime Property Auctions new entry. Fantastic 2 Bedroom flat available for a huge discount in Glasgow ***home report valuation £85,000***

***home report £85,000***

***huge 24% discount if achieved for guide price of £65,000***

Property comprises: Entrance hallway, living room, kitchen, 2 large double bedroom and bathroom. Property benefits from a communal garden to the rear of the property and ample storage throughout.

Prime Opportunity for Property investor looking for a property in an excellent location. Property may benefit from a degree of renovation. Fantastic Capital growth potential. Sure to appeal to builder/investor looking for Rare auction property

Brilliant buy to let Opportunity. Sure to appeal to investors looking for an easy lettable flat in a sought after location with great potential for Capital Growth. The local area has seen some great sales recently showing that there is strong demand.

Local Sales Evidence:

***35 Westray Square, Glasgow, G22 7AY Previously sold for £135,000. 168, Berneray Street, Glasgow, G22 7AU Previously sold for £157,500. 26, Chestnut Street, Glasgow, G22 6EX Previously sold for £181,000***

Property has a Guide price of £65,000 and is sure to appeal to investors looking for a property that they can put their own stamp on. Property is currently tenanted on a Mears Contract at £595 p/m (£7,140 p/a), which would provide an excellent 11% gross yield if achieved for guide price of £65,000. Potential rent of £725 - £775 per month (£8,700 - £9,300) - ***high yielding opportunity***

Potentially high yielding investment property.

This lot is open to immediate offers. Should you wish to offer now, you can do so via our “Make an Offer” button on our website.

This property is offered at a fantastic price to ensure an Auction sale.

The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.

Location:

Glasgow, Scotland, is a vibrant and dynamic city with a rich history, a thriving cultural scene, and numerous educational and economic opportunities, making it an attractive place to live and invest. Historically significant and culturally rich, Glasgow boasts renowned institutions like the University of Glasgow, established in 1451, and hosts various festivals, enhancing its cultural appeal. The city has transitioned from its industrial roots to become a hub for finance, technology, health sciences, and creative industries, offering diverse economic opportunities and a supportive business environment. Glasgow's excellent transport links, including the Glasgow Airport and extensive rail networks, further enhance its connectivity. The quality of life in Glasgow is marked by affordable living, numerous green spaces such as Kelvingrove Park and Glasgow Green, and a friendly, welcoming community. These factors combined make Glasgow an appealing choice for both residents and investors.