SALE BY ONLINE AUCTION THURSDAY 12TH AUGUST 2021 AT 9.00AM. Great Buy-to-Let investment opportunity within the popular Cessnock area of Glasgow's South Side. Offered with existing tenant and passing rent of £443.49 pm / £5321.88pa. Fully compliant rental property with management package available. Rental yield of 13%+ if purchased at Guide Price.
The property comprises of: Entrance Hallway, Living Room, Kitchen, One Double Bedroom and Bathroom. There is double glazing throughout. The building is maintained by an established property factor and has secured entry.
Cessnock subway station is a stone's throw away, and the property is within close proximity to bus services. There are a wide range of amenities nearby including supermarket, fast food outlets, restaurants, bars, public parks and medical practices. Bellahouston Academy is within walking distance, as is Ibrox Stadium. Glasgow International Airport is a fifteen minute journey.
The surrounding area is a mix of residential tenement properties, retail and commercial on ground floor level. The Kingston Bridge Trading Estate and Springfield Quay Leisure Park are both a short distance away.
1/3, 349 Paisley Road West - 1 bedroom - sold for £40,000 in May 2019
2/1, 377 Paisley Road West - 1 bedroom - sold for £54,000 in June 2018
355 Paisley Road West - 1 bedroom - sold for £40,000 in May 2019
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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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