This property is no longer on the market
1 bedroom flat
Key information
Property description & features
- Tenure: Freehold
- Prime Property Auctions is excited to present this exceptional 1 1 bedroom tenanted investment property located within a prime location in ClydeBank. * Home Report Valuation £60,000.*
- * 58 Drumry Road, Clydebank, Dunbartonshire, G81 2LN Previously sold for £290,000. 128 Riddell Street, Clydebank,Dunbartonshire, G81 2HD Previously sold for £235,000. 5 Queen Mary Crescent, Clyde
- Property is currently tenanted at £380 per calendar month (£4,560 p/a) which provides an attractive 9% gross yield based on a guide price of £49,500.
- The property is professionally managed by a local letting agent and has all certs in place.*TURNKEY INVESTMENT*
- Located in a sought after buy to let location, close to local amenities. Sure to appeal to shrewd investors looking for a high yielding investment property with immediate cash flow.
- Prime Property Auctions is excited to present this exceptional 1 bedroom tenanted investment property located within a prime location in ClydeBank. * Home Report Valuation £60,000.*
- * 58 Drumry Road, Clydebank, Dunbartonshire, G81 2LN Previously sold for £290,000. 128 Riddell Street, Clydebank,Dunbartonshire, G81 2HD Previously sold for £235,000. 5 Queen Mary Crescent, Clydebank, Dunbartonshire, G81 2AD Previously sold for £340,000 *
- Property is currently tenanted at £380 per calendar month (£4,560 p/a) which provides an attractive 9% gross yield based on a guide price of £49,500.
- The property is professionally managed by a local letting agent and has all certs in place.*TURNKEY INVESTMENT*
- Located in a sought after buy to let location, close to local amenities. Sure to appeal to shrewd investors looking for a high yielding investment property with immediate cash flow.
Prime Property Auctions is excited to present this exceptional 1 bedroom tenanted investment property located within a prime location in Clydebank - *HOME REPORT £60,000*
This property is sure to appeal to investors looking for an immediate cash producing investment opportunity. Property is currently tenanted at £380 per calendar month which produces £4,560 per annum making it an attractive investment at Guide price. Property has would produce a Gross rental yield of 9% if achieved for Guide price of £49,500.
Excellent capital growth potential as shown by sales evidence in the area:
* 58 Drumry Road, Clydebank, Dunbartonshire, G81 2LN Previously sold for £290,000. 128 Riddell Street, Clydebank,Dunbartonshire, G81 2HD Previously sold for £235,000. 5 Queen Mary Crescent, Clydebank, Dunbartonshire, G81 2AD Previously sold for £340,000 *
Fantastic readily let investment opportunity with great rental growth potential. Property is currently tenanted at £380 with rental potential of £550-£625. Should the property be re-let at higher level this would provide an impressive gross yield of 14% - 16%.
The property is professionally managed by local letting agent and has all certs in place. Turnkey Investment.
High yielding investment property.
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer Now” button on our website.
This property is offered at a fantastic price to ensure an Auction sale.
The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.
Location:
Local schooling and shopping is readily available and further first class amenities are only minutes away, including the popular Clyde Shopping Centre and Great Western Retail Park which both offer a variety of retail and leisure services. The location is ideal for commuters with Glasgow City Centre only 20 minutes away by public transport. The A82, Great Western Road and Erskine Bridge can be easily accessed by road.
Places of interest
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*DISCLAIMER
Property reference 202485326. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Prime Property Auctions - Glasgow.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on March 7, 2024
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on March 7, 2024
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on May 6, 2017 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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