Glasgow Harbour Terraces, Glasgow, G11

1 bedroom Flat in Glasgow

Sold
Fixed Price £143,000
Current Yield 6.2 %
Potential Yield 6.9 %
Property Reference: 190927189
  • Flat
  • 1 Bedrooms
  • 1 Bathrooms
  • 1 Receptions
  • 37.2 sq m

Property Features

Property Features

  • Buy-to-Let Opportunity
  • Long Term Tenant Currently Situated
  • Likely to attract enquiries from Serious Investors & Developers
  • Prime Glasgow Rental Location
  • Easy Access into Glasgow City Centre
  • Open Plan Lounge
  • Modern Bathroom & Kitchen
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Property Information

Full Details

Our latest listing is a 1 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 with rates set to market rate.

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 1 bedroom, a modern three piece bathroom, a kitchen, lounge and private balcony.

Investment details

The property currently produces an annual gross income of £8,640 which could be increased by the new owner to a market rate of £9,600 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 on of Glasgow 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. It also provides access to the private balcony.

Kitchen

The kitchen has been kept in good condition by the tenant and is a good size for the single occupant.

Bathroom

A three-piece bathroom is found that consist of a WC, wash basin and bath tub with an overhead shower attachment.

Bedrooms

The bedroom is a reasonable size with room for double sized bed. It has sliding door storage cabinets and also provides access to the private balcony.

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.

Helpful Information

Council Tax Band: E
Property Reference: 190927189

Investment Checklist

  • Tenancy Status: Tenanted
  • Current Rent pcm: £720
  • Potential Rent pcm: £800
  • Tenancy Agreement in place: Yes
  • Tenancy Compliance in place: Yes
  • Current Term of Tenancy: 4 years +
  • Tenants means of funding: Employment
Property Reference: 190927189
Property Reference: 190927189

Property Location

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Request DetailsGlasgow Harbour Terraces, Glasgow, G11

Fixed Price £143,000

Make an offer
Glasgow Harbour Terraces, Glasgow, G11

Listing Price

Fixed Price £143,000

Disclaimer
All offers are submitted to the seller for approval. On acceptance of your offer you will be required to instruct a solicitor for Legal Acceptance of your offer. A fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion. Terms and payment details will be provided upon verbal acceptance of your offer.