Flat for sale in Flat 2/2, 198 Newlands Road, Glasgow G44

Tenanted one bedroom flat

Excellent opportunity to acquire this one bedroom, second floor btl tenement flat with tenant in situ, well located in Glasgow’s southside area of Cathcart.

Accommodation comprises communal entrance hall, reception hall, lounge, fitted kitchen, bathroom, toilet, and bedroom. The flat features electric heating and large sash and case windows which bring lots of natural daylight into the flat. The flat is currently rented at £385pcm, bringing £4,620 per year, which would be 11% yield based on Guide Price. There is a substantial discount against the Home Report value of £60,000.

Cathcart is a popular area in Glasgow's Southside with a range of amenities and transport links nearby, including Cathcart Train Station, which is less than a five minute walk away, Grain and Grind cafe and Zucchini. Access to amenities elsewhere can be found at Shawlands, Cathcart, Battlefield and Strathbungo which are in close proximity.

Purchasers notes

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