Gullion Park, East Kilbride, Glasgow, G74

2 bedroom Flat in East Kilbride

Sold
Offers Over £129,000
Current Yield 5.6 %
Potential Yield 7.6 %
Property Reference: 194381988
  • Flat
  • 2 Bedrooms
  • 2 Bathrooms
  • 1 Receptions
  • 76 sq m

Property Features

Property Features

  • Buy-to-Let Opportunity
  • Long Term Tenant Currently Situated
  • Likely to attract enquiries from Serious Investors & Developers
  • Spacious Lounge
  • Modern Kitchen
  • Three Piece Bathroom & Ensuite
  • East Kilbride Town Centre Location 
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Property Information

Full Details

A spacious and well kept 2 bedroom flat located in East Kilbride. There are various valuable amenities within walking distance of the property and it is able to generate rewarding rental returns.

For investors looking for a reliable, long term investment, this is a brilliant opportunity!

The home is in good condition and features 2 large bedrooms, a three-piece bathroom, an ensuite shower room, a spacious lounge and kitchen

Investment details

It currently produces an annual gross income of £7,500 which could be increased by the new owner to a market rate of £10,200 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 tenants have lived in the property for several years and have 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.

Let Property Sales 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 refunded in the event of non completion

Helpful Information

Council Tax Band: E
Property Reference: 194381988

Investment Checklist

  • Tenancy Status: Tenanted
  • Current Rent pcm: £625
  • Potential Rent pcm: £850
  • Tenancy Agreement in place: Yes
  • Tenancy Compliance in place: Yes
  • Current Term of Tenancy: 4 years +
  • Tenants means of funding: Employment
Property Reference: 194381988
Property Reference: 194381988

Property Location

Similar Properties

  • Crosby Road South
    Liverpool
    Offers Over £100,000
    • 2
    • 1
    • 1
    Flat
    Current Yield: 8.3%
    Potential Yield: 8.9%
    View Property
  • Evenson Way
    Liverpool
    Offers Over £150,000
    • 2
    • 1
    • 1
    Terraced House
    Current Yield: 5.6%
    Potential Yield: 6.4%
    View Property
  • Alban Street
    Salford
    Offers Over £150,000
    • 2
    • 1
    Flat
    Current Yield: 7.5%
    Potential Yield: 8.2%
    View Property
  • Junior St
    Leicester
    Offers Over £130,000
    • 2
    • 2
    Flat
    Current Yield: 9.2%
    Potential Yield: 9.6%
    View Property

Request DetailsGullion Park, East Kilbride, Glasgow, G74

Offers Over £129,000

Make an offer
Gullion Park, East Kilbride, Glasgow, G74

Listing Price

Offers Over £129,000

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.