Property Details

2 bedroom flat for sale For Sale

£196,000

ROI = 11% BMV = 14.78%

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Description

Our latest listing is a 2 bedroom flat located just outside Glasgow City Centre. It has a long term tenant currently situated, has been kept in good condition and is able to generate a good rental income. For the investor that wants a property in a prime Glasgow rental location, this is a brilliant opportunity! The home has been well kept and features 2 bedroom, a modern three piece bathroom and ensuite, a kitchen, lounge, a private balcony and an allocated parking space. Investment details The property currently produces an annual gross income of £13,200 which could be increased by the new owner to a market rate of £14,400 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio. For greater detail on this property's investment potential, please see the Let Property Pack linked below. If you are interested in viewing the Home Report, please call us. Tenancy Details The current tenant has been in place for the last few years and does not have any intentions to move out so hopes to remain in the property. They have kept good care of the space and have not missed any of their rental payments. Location The property is located within one of Glasgow's popular rental locations in Partick. This in close proximity to Glasgow's West End and City Centre where the tenant will have easy access to valuable amenities such as bars, restaurants, convenience stores, supermarkets and leisure facilities. The Glasgow University and Queen Elizabeth Hospital are just a short 10 minute car journey away as well. The property is well served by transport links with being only a few minutes away from the Partick stop on Glasgow's Subway and also Partick Train Station. Furthermore, the M8 Motorway network is easily accessible via the main roads that surround the property and this allows for convenient and direct access into Glasgow City Centre. Living Space/lounge The lounge makes for an ample living area with space for furniture and gatherings. The private balcony can be accessed from here as well. Kitchen The kitchen has been kept in good condition by the tenant and is a good size for the occupants. Bathroom A three-piece bathroom is found that consist of a WC, wash basin and bath tub as well as a shower room that consists of a WC, wash basin and walk-in shower. Bedrooms The bedrooms are a reasonable size with room for double beds, bedroom furniture and storage cabinets. External An allocated parking space is made available. Let Property are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is fully refundable in the event of non-completion at no fault of your own.

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