1 bed Flat For Sale £120,000
Earn instant income on this already tenanted investment opportunity - not suitable for owner occupiers! This excellent one bedroom flat is located just 10 minutes from Glasgow city centre.
This wonderful one bedroom flat comprises of; entrance hallway leading to a spacious lounge with double glazed bay fronted window overlooking the park; fully fitted kitchen with all appliances included; double bedroom with double glazed window to the front; three piece family bathroom with shower over bath. The property is located on the first floor, and has on street parking.
The average price for property in G11 7XG stood at £135,460 in August 2021. This is a rise of 0.83% in the last three months (since May 2021) and rise of 6.40% since last year (Zoopla), making now the perfect time to invest in Glasgow. Kildonan Drive is just 10 minutes away from Glasgow city centre, making this an excellent location for tenants and residents who are commuting to the city. There is a strategy - for the period up until 2023 - which sets out how Invest Glasgow and partners will work together to ensure that Glasgow is promoted as a sustainable location of choice for investors in order to bring more and better quality jobs, and to boost fair work and productivity.
Please note: Images shown are of a similar apartment and may not be representative of the property for sale.
Financial Breakdown
Gross rent: £6,600
Ground rent: £0
Service charge: £720
Lettings fees: £0
Net income: £5,880
Gross yield: 5.5%
Net yield: 4.9%
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-16860
This wonderful one bedroom flat comprises of; entrance hallway leading to a spacious lounge with double glazed bay fronted window overlooking the park; fully fitted kitchen with all appliances included; double bedroom with double glazed window to the front; three piece family bathroom with shower over bath. The property is located on the first floor, and has on street parking.
The average price for property in G11 7XG stood at £135,460 in August 2021. This is a rise of 0.83% in the last three months (since May 2021) and rise of 6.40% since last year (Zoopla), making now the perfect time to invest in Glasgow. Kildonan Drive is just 10 minutes away from Glasgow city centre, making this an excellent location for tenants and residents who are commuting to the city. There is a strategy - for the period up until 2023 - which sets out how Invest Glasgow and partners will work together to ensure that Glasgow is promoted as a sustainable location of choice for investors in order to bring more and better quality jobs, and to boost fair work and productivity.
Please note: Images shown are of a similar apartment and may not be representative of the property for sale.
Financial Breakdown
Gross rent: £6,600
Ground rent: £0
Service charge: £720
Lettings fees: £0
Net income: £5,880
Gross yield: 5.5%
Net yield: 4.9%
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-16860
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