FOR SALE BY ONLINE AUCTION THURSDAY 30TH JUNE AT 2022. Vacant one bedroom flat in well sought after Glasgow Southside area. Located within a traditional red sandstone tenement building in one of Glasgow's highest property growth areas. Potential end-market rental income of £700pcm, providing a yield of 11.2% at Guide Price.
One bedroom property in highly desirable Glasgow location. Comprised of a large entrance hallway, separate living room with adjoining box room/office space, galley kitchen, a double bedroom and a bathroom. The property has been recently vacated and could benefit from a degree of internal modernisation. There is an attic space accessible from the box room.
Nearby Sales include:
• One Bedroom Flat, 3/2 56 Dixon Road - Sold for £129,000 May 21
• One Bedroom Flat, 24 Dixon Road - Sold for £155,555 Oct 21
• One Bedroom Flat, 3/2 42 Dixon Road - Sold for £90,000 May 21
• One Bedroom Flat, Daisy Street - Sold for £129,050 Apr 22
The Govanhill area is currently seeing a massive rise in property prices with huge demand for traditional flats in the area. The location is ideal for local shops, bars, cafes and restaurants. The open space of Queen's Park can be reached within a few minutes by foot. Public transport links into Glasgow City Centre are excellent with main bus stops on Victoria Road and Queen's Park railway station a couple of blocks down.
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One Bedroom Flat in Highly Sought-After Glasgow Southside Area
Potential End-Market Rental Income of £700pcm/Yield of 11.2% at Guide Price
Incredible Investment Opportunity in Desirable Area
* 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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