3 bedroom flat for sale
Key information
Property description & features
- Tenure: Freehold
- Prime Property Auctions New Entry spacious Buy-to-Let, 3 bedroom flat located in the popular residential area of Rutherglen, Glasgow * Home report value £80,000 / Guide of £65,000*
- * 96, Brownsdale Road, Rutherglen, Glasgow, Lanarkshire G73 2RQ sold for £138,000. 50, Mill Court, Rutherglen, Glasgow, Lanarkshire G73 2SF sold for £133,300 Jun 2022 *
- Property currently at £650 tenanted and could demand rental of £725- £790 pcm (£8,700- 9,480 p/a) providing an excellent gross yield of 13%- 14.5% based on the guide price of £65,000
- Excellent turnkey investment set in a desirable area with great access to motorways, local amenities, schools and sports facilities.
- Sure to appeal to shrewd buy to let investors looking for a great investment opportunity
- Prime Property Auctions New Entry spacious Buy-to-Let, 3 bedroom flat located in the popular residential area of Rutherglen, Glasgow *Home report value £80,000 / Guide of £65,000*
- * 96, Brownsdale Road, Rutherglen, Glasgow, Lanarkshire G73 2RQ sold for £138,000. 50, Mill Court, Rutherglen, Glasgow, Lanarkshire G73 2SF sold for £133,300 Jun 2022 *
- Property currently at £650 tenanted and could demand rental of £725- £790 pcm (£8,700- 9,480 p/a) providing an excellent gross yield of 13%- 14.5% based on the guide price of £65,000
- Excellent turnkey investment set in a desirable area with great access to motorways, local amenities, schools and sports facilities.
- Sure to appeal to shrewd buy to let investors looking for a great investment opportunity
Prime Property Auctions New Entry spacious buy to let, 3 bedroom flat located in the popular residential area of Rutherglen, Glasgow * Home report value £80,000 / Guide of £65,000*
Property comprises: Hallway entrance, 3 spacious bedrooms, Livingroom, Kitchen, WC. Property benefits from gas central heating, double glazing and ample storage throughout. Council Tax Band: B
Excellent turnkey investment set in a desirable area with great access to motorways, local amenities, schools and sports facilities.
Sales Evidence:
* 78, Mill Court, Rutherglen, Glasgow, Lanark G73 2SF sold for £86,500. 50, Mill Court, Rutherglen, Glasgow, Lanarkshire G73 2SF sold for £133,300 Jun 2022 *
Property currently tenanted at £650 p/m (£7,800 p/a) and demands a gross yield of 12% based on the guide price.
Sure to appeal to shrewd buy to let investors looking for a great investment opportunity
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.
Property currently tenanted and could demand rental of £725- £790 pcm (£8,700- 9,480 p/a) providing an excellent gross yield of 13%- 14.5% based on the guide price of £65,000
Location:
Rutherglen, nestled in the bustling heart of South Lanarkshire, offers a promising investment opportunity with its strategic location and potential for growth. As a historic town with a rich industrial heritage, Rutherglen boasts a diverse economy supported by sectors such as manufacturing, retail, and services. Its proximity to Glasgow and excellent transport links make it an attractive destination for businesses and commuters. Investors can capitalise on Rutherglen's expanding housing market, urban regeneration projects, and community initiatives to drive economic development. Additionally, the town's cultural landmarks, recreational amenities, and green spaces create opportunities for tourism and leisure ventures. Investing in Rutherglen not only promises financial returns but also contributes to the ongoing revitalization and prosperity of this vibrant community in Scotland.
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Property reference 205255454. 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 December 23, 2021
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
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Mobile phone signal availability and predicted strength: obtained from Ofcom on December 23, 2021
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 December 18, 2018 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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