Monkland View Crescent, Baillieston, G69 7SA

2 bedroom Flat in Baillieston

Sold
Offers Over £69,000
Current Yield 6.4 %
Potential Yield 8.5 %
Property Reference: 185213575
  • 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.
  • GREAT RENTAL RETURNS
  • Well Kept Home
  • Spacious Lounge
  • Rear Garden Space
  • Driveway
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Property Information

Full Details

A well kept and well proportioned cottage flat located in an ideal rental area within Bargeddie. It has long term tenants that are hoping to remain in the property.

This well-kept home is neutrally decorated throughout and features 2 bedrooms, a three-piece bathroom, a spacious lounge, a kitchen and rear garden space.

Investment details

The property currently produces an annual gross income of £5,400 which could be increased by the new owner to a market rate of £7,200 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.

Location

The property is found within a good area for renters as there are amenities that surround the area and the Showcase Leisure Park is just a short drive away.

The Bargeddie Train Station is within walking distance of the flat and as it is located right beside the M8 Motorway, travel to Glasgow City Centre and other surround areas is direct and easy.

Living Space/lounge

The lounge makes for a fantastic living area with lots of space for furniture and family gatherings. It has a hardwood floor and is in immaculate condition.

Kitchen

The kitchen is a good size and has been kept in good condition but the tenants.

Bathroom

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

Bedrooms

Both bedrooms are a good size with enough room for double beds, bedroom furniture and storage cabinets. Both have hardwood flooring and their own built-in storage cabinets.

Exterior

To the rear of the property you will find garden space and to the front you will find driveway parking.

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: 185213575

Investment Checklist

  • Tenancy Status: Tenanted
  • Current Rent pcm: 450
  • Potential Rent pcm: 600
  • Tenancy Agreement in place: Yes
  • Tenancy Compliance in place: Yes
  • Current Term of Tenancy: 2 years+
  • Tenants means of funding: Retirement
Property Reference: 185213575
Property Reference: 185213575

Property Location

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Request DetailsMonkland View Crescent, Baillieston, G69 7SA

Offers Over £69,000

Make an offer
Monkland View Crescent, Baillieston, G69 7SA

Listing Price

Offers Over £69,000

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.