Flat 8, 51 West Princes Street, Helensburgh, Dunbartonshire, G84 8BN

  • Unconditional Online Auction Sale
  • Guide Price* : £19,000

SALE BY ONLINE AUCTION 14TH JANUARY 2021 AT 9.00AM. Low cost development opportunity in Helensburgh Town Centre. 1 bed ground floor flat in need of internal upgrading. Great buy to let opportunity with potential rent of £373 pm / £4476 pa (local LHA rates)

Description

SALE BY ONLINE AUCTION 14TH JANUARY 2020 AT 9.00AM.
Online Property Auctions Scotland are pleased to present this great low cost property. Ideal for buy to let / developer market. High potential rental yield of £373pm / £4476 pa based on local LHA housing rates.
The current owners have started a process of internal works however have decided to sell due to travel logistics.
This is an excellent opportunity for the first time buyer or investor to pick up a low cost unit within the Helensburgh town centre area.
After renovation the property would make an ideal residential property or buy to let unit. Potential rental income of £373pm / £4476 pa (based on LHA rates) This represents a potential yield of around 25% based on guide price.
The property comprises entrance hallway, bedroom, shower room and lounge with open plan kitchen and patio doors to the rear.
The property requires modernisation internally and has been stripped in preparation of works.
Located within touching distance of Helensburgh Town Centre where all shops and amenities can be found. Excellent road network and rail links to Glasgow from Helensburgh Central station.
Low cost, budget investment.
Great buy to let with massive potential yield.
Development opportunity.

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* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. 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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