1 bed Flat For Sale £55,000
Earn instant income on this already tenanted investment opportunity - not suitable for owner occupiers! This excellent one bedroom third floor flat is located just 15 minutes from Glasgow city centre, enquire today to avoid disappointment.
This wonderful one bedroom apartment comprises of; entrance hallway leading to a spacious lounge with double glazed window to the front; fully fitted kitchen with all appliances included; double bedroom with double glazed window to the rear; three piece family bathroom with shower over bath. The apartment is located on the third floor, and has on street parking.
Being just 20 minutes from Glasgow city centre, Allison Street is ideal for commuters working in the city. Glasgow is a city synonymous with higher education; there is no area in the UK outside of London with more universities than Glasgow. It has six acclaimed institutions, included the University of Glasgow, a member of the elite Russell Group universities and the fourth oldest in the English-speaking world. With so many students in the area, Glasgow's universities can only guarantee accommodation for around 10% of their students. Invest in this hands-off low-risk investment opportunity today, with an amazing 9.12% net yield!
Property prices in G42 have looked strong for the start of this year with a rise of 0.56% in the last three months (since October 2020) and rise of 4.20% since 12 months ago, making now the perfect time to invest in Glasgow.
Financial Breakdown
Gross rent: £5,700
Ground rent: £0
Service charge: £0
Lettings fees: £684
Net income: £5,016
Gross yield: 10.36%
Net yield: 9.12%
Important Note To Purchasers
*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-16473
This wonderful one bedroom apartment comprises of; entrance hallway leading to a spacious lounge with double glazed window to the front; fully fitted kitchen with all appliances included; double bedroom with double glazed window to the rear; three piece family bathroom with shower over bath. The apartment is located on the third floor, and has on street parking.
Being just 20 minutes from Glasgow city centre, Allison Street is ideal for commuters working in the city. Glasgow is a city synonymous with higher education; there is no area in the UK outside of London with more universities than Glasgow. It has six acclaimed institutions, included the University of Glasgow, a member of the elite Russell Group universities and the fourth oldest in the English-speaking world. With so many students in the area, Glasgow's universities can only guarantee accommodation for around 10% of their students. Invest in this hands-off low-risk investment opportunity today, with an amazing 9.12% net yield!
Property prices in G42 have looked strong for the start of this year with a rise of 0.56% in the last three months (since October 2020) and rise of 4.20% since 12 months ago, making now the perfect time to invest in Glasgow.
Financial Breakdown
Gross rent: £5,700
Ground rent: £0
Service charge: £0
Lettings fees: £684
Net income: £5,016
Gross yield: 10.36%
Net yield: 9.12%
Important Note To Purchasers
*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-16473
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