0/1, 50 Craigie Street, Glasgow, Lanarkshire, G42 8NH

  • Unconditional Online Sale

SALE BY ONLINE AUCTION 23RD JANUARY 2020 AT 9.00AM. Fantastic development opportunity. 1 bed flat in popular residential area. Great opportunity to flip or strong yield via BTL. Factored close. Low cost property in rising value area. High demand. Full refurb opportunity.

Description

SALE BY ONLINE AUCTION 23RD JANUARY 2020 AT 9.00AM.
Online Property Auctions Scotland are delighted to offer this fantastic development opportunity. 1 bed flat in popular residential area. Great opportunity to flip or strong yield via BTL. Factored close. Low cost property in rising value area. High demand. Full refurb opportunity.
• ***DEVELOPMENT OPPORTUNITY***In well placed Readily Accessible Location *** Requires complete internal modernisation and upgrading *** Up & coming district opposite modern development *** Central Location ***
• Once refurbished this property should comprise: 1 x Double bedroom, Fully fitted open plan living room / kitchen & Large bathroom*** Asset Management Sale Instruction***
• 3 Craigie St 1/M Sold £60,000 (May 19)***6 Craigie St 2/1 Sold £98,111 (Aug 19) ***11 Craigie Street 1/2 Sold £111,000 (Sept 19)***
• This flat is set within a professionally managed building and is in a highly sought after central location, on street parking, secure door entry system**Excellent Opportunity for Investors / Developers & 1st Time Buyers Alike**
• The Queens Park district of Glasgow is a popular and leafy district benefiting from having excellent transport links throughout Glasgow via Queens Park Train Station.---Asset Manager Sale Instruction---
Traditional preferred Red Sandstone Tenement Building*** Once refurbished this property should comprise: 1 x Double bedroom, Fully fitted open plan living room / kitchen & Large bathroom***Ideal Opportunity to acquire fantastic development opportunity in a well maintained building***Sought After Street*** This flat benefits from having excellent transport facilities within close proximity to Queens Park train station and major bus routes of Victoria Road & Cathcart Road.***Furthermore, it benefits from having the shopping district of Victoria Road readily accessible and the highly desirable Queens Park is on the doorstep of this fabulous property***Estimated Rental Level of £550pcm (£6600 per annum) upon completion of refurbishment and upgrading*** Moreover, the Southside entertainment district of Shawlands is nearby with its coffee shops and bars as is The Victoria Infirmary Hospital, Silverburn shopping centre and Langside College. Glasgow City Centre, Caledonian & Strathclyde Universities benefit from having direct transport links from Queens Park and thus makes this a popular destination for students with high tenant demand***VIEWING STRONGLY RECOMMENDED***

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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Sold for £44,000

This buy-it-now lot is now closed.

Auction Ended

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