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Property features

Portfolio of 2 tenanted flats located in Glasgow and Paisley respectively. Immediate rental income of £11,640 per annum. Turn key investment. Good locations - high tenant demand from hospitals.
Maxwellton Street tenanted at £4,500 per Annum, Lochview Crescent at £7,140 per Annum. Excellent return on investment. 12% rental yield on Lochview Crescent, 10% on Maxwellton st at likely sale price.
Maxwellton Street Top floor tenement flat comprises; Entrance hallway, Living room, Kitchen, Double bedroom and bathroom. Lochview Crescent modern studio style flat with off street parking.
Both Paisley and Hogganfield have Hospitals and Universities close by providing a steady tenant stream. Income producing from day 1
Sales Evidence; 22, Maxwellton Street sold £49,000 2022*** 11 Flat 2/2, Maxwellton Street sold for £43,000 2022***1 Bed Lochview Crescent sold 2023 £83,000**2 Bed Lochview Cr sold 2022 £130,000**

Property description

** sale by auction - 25 July 2024 - Timed Online Auction **

portfolio of 2 tenanted flats located in Glasgow and Paisley respectively. Immediate rental income of £11,640 per annum. Turn key investment. Good locations - high tenant demand from hospitals. Maxwellton Street tenanted at £4,500 per Annum, Lochview Crescent at £7,140 per Annum. Income producing day 1 excellent return on investment. Good base of businesses close by providing steady tenants. Maxwellton Street Top floor tenement flat comprises; Entrance hallway, Living room, Kitchen, Double bedroom and bathroom. Lochview Crescent modern studio style flat with off street parking. Both Paisley and Hogganfield have Hospitals and Universities close by providing a steady tenant stream. Income producing from day 1! Sales Evidence; 22, Maxwellton Street sold £49,000 2022*** 11 Flat 2/2, Maxwellton Street sold for £43,000 2022***1 Bed Lochview Crescent sold 2023 £83,000**2 Bed Lochview Cr sold 2022 £130,000**

Paisley, Scotland’s largest town with a population of circa 120,000 people and is close to Glasgow International Airport. Commuting to Glasgow City Centre and across Scotland is easy. The M8 motorway network is nearby giving easy access to Glasgow City Centre (circa 12 minutes) and Greenock (circa 20 minutes). Furthermore, Paisley offers a plethora of Historic and Cultural pursuits centred around the acclaimed Paisley Museum and Art Galleries. The Lagoon Leisure Centre and the University of the West of Scotland Campus are within walking distance of Maxwellton Street. Public on street car parking available to the front of the property. Local shopping facilities available on adjacent streets to this property with extensive recreational facilities at Soar Intu Braehead Shopping Centre and The Braehead Entertainment centre. The Hogganfield area of Glasgow is conveniently situated for passage into the City Centre and beyond via established road networks and public transport links. The property is situated close to local amenities and public transport routes with easy access to Glasgow City Centre and Motorway networks. Many local Tenants work at the nearby Hospital in Dennistoun and many local businesses are supplied close by.

Auction Details
25 July 2024,10am-3pm
Timed Online Auction

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