FOR SALE BY ONLINE AUCTION THURSDAY 10TH FEBRUARY AT 9.00AM. Vacant one bedroom flat in up and coming area of Glasgow. Potential rental income of £450pcm providing a 12.8% yield based on the guide price. Great Buy-to-Let or First Time Buyer investment.
The property is situated on the main road through Shettleston and is in reasonable condition throughout. The flat is comprised of a double bedroom, a bathroom, and kitchen and separate lounge with a dining area, with a storage cupboard in the hallway.
Nearby sales include: ***1 Bedroom, Budhill Avenue - Sold £60,000 August 2019***1 Bedroom, Darleith Street - Sold £53,000 March 2018***1 Bedroom, Budhill Avenue - Sold £54,000 August 2019***
Shettleston is an up and coming area of Glasgow with strong and increasing rental demand. There are plenty of amenities on the doorstep, with the Parkhead Forge shopping centre in one direction and a Tesco Extra and Aldi in the other. There are also plenty of transport links, with bus stops along Shettleston road, and Carntyne and Shettleston railway stations both a short walk away. Glasgow itself is a large and populous city with multiple colleges and universities, with many students looking for rental properties.
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Purchases are subject to a Buyer’s Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup/Special Conditions in the Legal pack to confirm.
* 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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