1 bedroom flat for sale
Key information
Property description & features
- Tenure: Freehold
- Prime Property Auctions New Entry. Large 1 Bedroom flat sold with the tenant in situ. *HOME REPORT VALUATION £75,000 *
- *89 Barlogan Avenue, Glasgow G52 1AG sold for £103,050 in November 2021, 63 Flat 2/1, Barlogan Avenue, Glasgow, G52 1AQ sold for £105,000 in August 2017*
- Property is currently tenanted at £395 per calendar month with a long-standing tenant.
- Property currently has a low rent of £395 with market rent being £650 - £725. With huge potential upside, this would generate an annual income of £7,800 - £8,700. Gross Rental yield potential of
- Sure to appeal to investors looking for a Turnkey investment opportunity. Property currently generates an annual income of £4,740 producing a yield of 6.9% if achieved for Guide of £68,000.
- Prime Property Auctions New Entry. Large 1 Bedroom flat sold with the tenant in situ. *HOME REPORT VALUATION £75,000 *
- *89 Barlogan Avenue, Glasgow G52 1AG sold for £103,050 in November 2021, 63 Flat 2/1, Barlogan Avenue, Glasgow, G52 1AQ sold for £105,000 in August 2017*
- Property is currently tenanted at £395 per calendar month with a long-standing tenant.
- Property currently has a low rent of £395 with market rent being £650 - £725. With huge potential upside, this would generate an annual income of £7,800 - £8,700. Gross Rental yield potential of 11.4% - 12.8% if achieved for Guide price.
- Sure to appeal to investors looking for a Turnkey investment opportunity. Property currently generates an annual income of £4,740 producing a yield of 6.9% if achieved for Guide of £68,000.
Prime Property Auctions New Entry. Large 1 Bedroom mid terraced property sold with the tenant in situ. *HOME REPORT VALUATION £75,000 * Property comprises: Entrance hallway, Large living room, fantastic sized dining kitchen. 1 bedrooms and bathroom. Property benefits from gas central heating double glazing and garden areas to front and rear of the property.
Fantastic opportunity to purchase a property under market value to ensure Auction Sale. HOME REPORT VALAUTION £75,000. Sure to appeal to investors looking for a Turnkey investment opportunity. Property currently generates an annual income of £4,740 producing a yield of 6.9% if achieved for Guide of £68,000.
Property currently has a low rent of £395 with market rent being £650 - £725. This would generate an annual income of £7,800 - £8,700. Gross Rental yield potential of 11.4% - 12.8% if achieved for Guide price.
There is some great sales evidence in the area and super potential for capital growth as well as rental growth. *89 Barlogan Avenue, Glasgow G52 1AG sold for £103,050 in November 2021, 63 Flat 2/1, Barlogan Avenue, Glasgow, G52 1AQ sold for £105,000 in August 2017*
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Make an Offer” 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 on[use Contact Agent Button].
Location:
Barlogan Avenue is situated close to Glasgow Clyde College, across the river from the city centre. Positioned perfectly to benefit from the vibrant culture of the city centre of Glasgow whilst being exposed to local amenities such as public transport routes and Braehead shopping centre. There are a number of country parks in the vicinity and the village is well placed for the M8 motorway giving access throughout central Scotland. There is also a large exposure to superstores making it convenient to tenants.
Places of interest
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Property reference 195821491. 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.
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Broadband availability and predicted speed: obtained from Ofcom on January 24, 2022
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:
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Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on March 18, 2022
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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 June 7, 2023 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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