Liddoch Way, Rutherglen, G73 1JN

2 bedroom Flat in Rutherglen

Sold
Fixed Price £59,000
Current Yield 7.4 %
Potential Yield 10.2 %
Property Reference: 184092697
  • Flat
  • 2 Bedrooms
  • 1 Bathrooms
  • 1 Receptions
  • 69 m2

Property Features

Property Features

  • Buy-to-Let Opportunity
  • Long Term Tenant Currently Situated
  • Likely to attract enquiries from Serious Investors & Developers.
  • HUGE RENTAL RETURNS
  • Spacious Lounge & Kitchen
  • Large Bedrooms
  • Box Room
  • Ideal Rental Location Within Rutherglen
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Property Information

Full Details

A well proportioned flat located in an ideal rental location within Rutherglen. It has long term tenants that are hoping to remain in the property.

This home is neutrally decorated throughout and features 2 bedrooms, a 3 piece bathroom, a spacious lounge and kitchen.

Investment details

The property currently produces an annual gross income of £4,800 which could be increased by the new owner to a market rate of £6,600 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 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.

Location

The Rutherglen town centre is just a short walk away from the property so the tenant will have access to countless valuable amenities such as restaurants, sports bars, supermarkets, primary & secondary schools, retail stores and leisure facilities.

The Rutherglen Train Station is also in close proximity and with easy access onto the M74 Motorway, travel into Glasgow City Centre is convenient and easy.

Living Space/lounge

The lounge is a fantastic size with more than enough for furniture, a dining area and family gatherings. It has carpeted flooring and has been kept in good condition.

Kitchen

The kitchen is also a great size and has been kept in good condition by the tenants.

Bathroom

A three-piece bathroom is found in the property that consists of a wash basin, W.C. and bathtub with overhead shower attachment.

Bedrooms

Both bedrooms are a brilliant size with more than enough room for king sized beds, bedroom furniture and storage cabinets. Both have carpeted flooring and double glazed windows.

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

Property Reference: 184092697

Investment Checklist

  • Tenancy Status: Tenanted
  • Current Rent pcm: 400
  • Potential Rent pcm: 550
  • Tenancy Agreement in place: Yes
  • Tenancy Compliance in place: Yes
  • Current Term of Tenancy: 2 years+
  • Tenants means of funding: Details Not Collected
Property Reference: 184092697
Property Reference: 184092697

Property Location

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Request DetailsLiddoch Way, Rutherglen, G73 1JN

Fixed Price £59,000

Make an offer
Liddoch Way, Rutherglen, G73 1JN

Listing Price

Fixed Price £59,000

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.