Brighton & Beck Property Group offer to Online Auction this 1 bedroom top floor flat in the popular Cathcart area on the South side of Glasgow.
This fantastic opportunity presents accommodation comprising entrance hallway, lounge with kitchen off, double bedroom and bathroom. The property fully benefits from electric heating, double glazing and well maintained communal areas. Externally there is a large communal rear garden with enclsoed bin store.
Internally the property requires a degree of modernisation but offers excellent potential to add value. This truly is an ideal opportunity for buy to let investors seeking a high yielding property in an area of strong rental demand.
Greater Glasgow LHA rate for a 1 bedroom property stands at £411 per calendar month/£4,931 per annum generating an outstanding 14% potential rental yield.
Located in an established residential area of Glasgow, this fantastic opportunity is ideally located to all local amenities. The area of Cathcart benefits from frequent public transport services by both bus and rail connecting C\thcart with Glasgow city centre and other surrounding areas. The M8, M74 and M77 motorways are easily accessible and recreational activities can be found at the nearby Kings Park.
Comparable Sales
Flat 2/3, 190 Newlands Road, Glasgow, G44 4ET- 1 bedroom flat sold for £59,000 on 09/11/2018
Flat 1/3, 182 Newlands Road, Glasgow, G44 4ET- 1 bedroom flat sold for £50,000 on 12/01/2018
Flat 1/3, 190 Newlands Road, Glasgow, G44 4ET- 1 bedroom flat sold for £62,500 on 27/06/2017
Viewings: In order to View the property please register at www.brightonandbeck.co.uk and you will be able to place you viewing request against any properties than you are interested in. This will also allow the agent to know who to expect and their contact details so that any viewers can be contacted should they be running behind schedule or unable to attend.
Important Note
The latest published guide price is shown on the website. The reserve price is the minimum price at which the property can be sold. The guide price given is the minimum price at which the seller might be prepared to sell on the date on which the guide price is published. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. All guide prices are quoted "subject to contract". The reserve price may be greater than the previously quoted guide price. The guide price will be published online immediately it becomes available. Lots may be sold or withdrawn prior to auction. Auction properties are subject to a buyer’s premium of a minimum £2,000+VAT (£2,400) and Estate Agency properties are subject to a buyer’s premium of a minimum £1,000+VAT (£1,200). Any commercial sales are subject to a buyers premium of a minimum £3,000+VAT (£3,600) or 3%+VAT (Whichever is the greater). Each property listing provides the individual Buyers Premium, but for more Information on a properties Buyers Premium and any other related fees please feel free to speak to a member of the team.
Guide Price £35,000.00
Floor plans