0/1, 46 Thornwood Avenue, Glasgow, G11 7PQ

  • Unconditional Online Auction Sale
  • Guide Price* : £79,000

FOR SALE BY ONLINE AUCTION THURSDAY 25TH AUGUST AT 9.00AM. Tenanted one bedroom flat in prime West End location. Ideal for professional investors and developers - massive discount to value to reflect need for internal modernisation.

Description

FOR SALE BY ONLINE AUCTION THURSDAY 25TH AUGUST AT 9.00AM. Tenanted one bedroom flat in prime West End location. Ideal for professional investors and developers - massive discount to value to reflect need for internal modernisation.

• ***100% Prime West End Address***Seldom Available 1 Bedroom Flat at auction***Requires internal modernisation***Ideal for Professional Investors / Developers alike*** Massive discount to Value*** Asset Management potential*

• ***Likely To attract Substantial Interest***Being sold subject to a regulated tenancy*** Traditional Red Sandstone Tenement building***Ideal for future refurbishment***Available tenancy details in legal pack***

• ***48 Thornwood Ave 0/2 Sold £125,521 (Dec 21)***56 Thornwood Ave 2/1 Sold £193.5k (Dec 21)** 50 Thornwood Ave 0/3 Sold £119,250 (Dec 21)** 46 Thornwood Ave 2/1 Sold £175k (Sept 21)***

• ***Heart of Glasgow’s Sought After West End***Near to Glasgow University, Byres Road, Ashton Lane & boutique shops on Hyndland Rd ***Prime Location*** Ideal for professional Investors & Developers alike***

• Excellent opportunity with estimated full market rental level of £750 pcm (£9000 per annum). Superb rental area with high tenant demand from Universities, Hospitals & Young Professionals*** Sure to appeal to investors & developers***

**Seldom Available at Auction***Traditional Red Sandstone 1 Bedroom Tenement Flat requiring internal modernisation & upgrading***100% Prime West End Address*** This property comprises: bedroom, living room /kitchen & bathroom*** The property requires internal modernisation & upgrading*** The property is being sold subject to a regulated tenancy*** Details are in the legal pack*** This property is located in the Heart of Glasgow’s Sought After West End***Near to Glasgow University, Byres Road, Ashton Lane & boutique shops on Hyndland Rd ***Prime Location*** Ideal for Developers & Investors ***This property is currently let for £350pcm.*** However, it has an estimated full market rental value of £750pcm (£9000 per annum)**Would be Ideal for Investors & developers***Exclusive Opportunity*** Substantial sales on Thornwood Avenue within the past 12 months***Great Potential Seldom Available to acquire a 1 bedroom tenement flat requiring upgrading in the heart of Glasgow’s West End***Likely to Attract Substantial Interest***

To view legal documents relating to this property please visit our website.

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.

Key Feature 1

Tenanted One Bedroom Flat

Key Feature 2

Prime West End Location

Key Feature 3

Great Opportunity for Professional Investors and Developers

* 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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