Our latest listing is a well proportioned 1 bedroom flat located in Glasgow. It has long term tenants that are looking to remain in place and is able to generate fantastic rental returns.
For the investor that is looking for a reliable and rewarding addition to their portfolio, this is a fantastic opportunity!
This well-kept home is neutrally decorated throughout and features gas-fired central heating, 1 bedroom, a three piece bathroom, a lounge and kitchen.
Investment Details
The property currently produces an annual gross income of £6,000 which could be increased by the new owner to a market rate of £7,800 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.
Tenant
The current tenant has lived in the property for several years and has consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.
Location
The property is located within walking distance of the Langside Train Station and there are several local amenities on its door step. This includes cafes, restaurants, convenience stores, supermarkets and various local service businesses.
As the train station is in such close proximity to the property, travel to surrounding areas, such as Shawlands, Queens Park and Rutherglen, can be easily and conveniently. This of course leads directly into the Glasgow City Centre so commuting can also be easily done by the tenant.
Lounge
The lounge is a good size and makes for an ample living area with enough room for furniture.
Kitchen
The kitchen is a good size and would be perfect for the occupant.
Bathroom
The bathroom consists of a wash basin, W.C. and bathtub with an overhead electric shower.
Exterior
There are communal grounds and on street parking outside the property.
Let Property is committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property
Proof of Rental Income documentation has been verified against the rental amount in the Tenancy Agreement by Let Property.
Provided by the seller as verbal and written confirmation and documentation will be provided at Completion once the property has been secured.
Length of Tenancy has been verified by Let Property by reviewing the date from when the provided tenancy documentation began.
Self Funded
Length of Tenancy information has been provided by the seller as verbal and written confirmation.
Verified as Leasehold with 170 years on lease
Property Tenure documentation has been provided to Let Property and has been Verified.
EICR documentation has been provided to Let Property and has been Verified.
Gas Safety documentation has been provided to Let Property and has been Verified.
Council Tax Band: B
Interactive street-level view of the property location and surrounding area.