The Dell, Newton Mearns, G77 5RF

2 bedroom Flat in Newton Mearns

Sold
Fixed Price £157,000
Current Yield - %
Potential Yield 5.7 %
Property Reference: 182487188
  • Flat
  • 2 Bedrooms
  • 1 Bathrooms
  • 1 Receptions
  • 58 m2

Property Features

Property Features

  • Buy-to-Let Opportunity
  • Tenant Currently Situated
  • Likely to attract enquiries from Serious Investors & Developers.
  • Large Spacious Lounge
  • 3 Piece Bathroom
  • Allocated Parking
  • Modern Kitchen
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Property Information

Full Details

The property has been INDEPENDENTLY VALUED at £180,000 by a Royal Institution of Chartered Surveyors (RICS) qualified surveyor. With minimal upgrading required.

An immaculate bright and well proportioned flat located within a desirable area within Newton Mearns that has a long term tenant that is hoping to remain in the property.

This well-kept home is neutrally and freshly decorated throughout and features gas-fired central heating, 2 large bedrooms, a three-piece bathroom, a very spacious lounge and a modern kitchen.

Investment details

The property currently produces an annual gross income of £7,560 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 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


Thanks to the fantastic main road links that surround the property, travel to the Newton Mearns Town Centre is quick and easy - which makes available supermarkets, restaurants, cafes, retail stores and the Avenue Shopping Centre to the tenant.

And as the A77 Dual Carriageway is easily accessible from the property, travel to the Glasgow City Centre and other surrounding areas is direct and convenient.

Living Space/lounge

Filled with an abundance of natural daylight thanks to the two windows, the large lounge makes for an ample living area with lots of space for furniture and family gatherings. It has a hardwood floor and is in immaculate condition.

Kitchen

The property has a modern kitchen and that is the ideal size for two occupants.

Bathroom

A lovely 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, have carpeted flooring and have double glazed windows.

Exterior

Allocated parking is found outside of the property building.

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: 182487188

Investment Checklist

  • Tenancy Status: Tenanted
  • Current Rent pcm: £630
  • Potential Rent pcm: £850
  • Tenancy Agreement in place: Yes
  • Tenancy Compliance in place: Yes
  • Current Term of Tenancy: 2 years+
  • Tenants means of funding: Local Authority Funded
Property Reference: 182487188
Property Reference: 182487188

Property Location

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Request DetailsThe Dell, Newton Mearns, G77 5RF

Fixed Price £157,000

Make an offer
The Dell, Newton Mearns, G77 5RF

Listing Price

Fixed Price £157,000

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.