2 bed Flat For Sale £110,000
Yieldit are delighted to offer to market this fantastic 23rd floor apartment boasting incredible far-reaching views, located in a very popular development with lift access and secure parking within Glasgow City Centre. This property is ideal for a range of buyers being currently vacant and presents the perfect opportunity for investment, with expected net yields of over 10% at the current asking price – which is a staggering £10,000 less than the home report valuation.
The apartment is entirely well presented and move-in ready having recently benefited from new appliances, a new boiler, new carpets and floor coverings. There is a spacious lounge area, two generously sized bedrooms with fitted wardrobes, plus an additional box room which would be great for a home office, dressing room or additional storage. The kitchen is modern and offers a range of wall and base units and the bathroom has a three-piece suite with shower over bath.
Dundasvale Court is located in a prime position meaning it has a broad appeal as a rental investment. It’s within walking distance of a range of shops, bars and restaurants, and its close proximity to the city centre and convenient public transport and road links, it has huge appeal to young professionals. Caledonian and Strathclyde Universities are also within walking distance, which is great for tenant demand for students and employees of these top-ranking institutions.
Glasgow is an excellent city to invest in, offering great value for money with property prices around 40% cheaper than the UK average and extremely attractive rental yields combined with high tenant demand. The city is to undergo the biggest regeneration plan outside of London totaling £400million in regeneration projects with its ‘City Deal’ which will transform the city and its economy and bring new employment opportunities which, in turn, will drive tenant demand.
Financial Breakdown
Gross rent: £12,000
Service charge: £880
Net income: £11,120
Gross yield: 10.91%
Net yield: 10.11%
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-07129
The apartment is entirely well presented and move-in ready having recently benefited from new appliances, a new boiler, new carpets and floor coverings. There is a spacious lounge area, two generously sized bedrooms with fitted wardrobes, plus an additional box room which would be great for a home office, dressing room or additional storage. The kitchen is modern and offers a range of wall and base units and the bathroom has a three-piece suite with shower over bath.
Dundasvale Court is located in a prime position meaning it has a broad appeal as a rental investment. It’s within walking distance of a range of shops, bars and restaurants, and its close proximity to the city centre and convenient public transport and road links, it has huge appeal to young professionals. Caledonian and Strathclyde Universities are also within walking distance, which is great for tenant demand for students and employees of these top-ranking institutions.
Glasgow is an excellent city to invest in, offering great value for money with property prices around 40% cheaper than the UK average and extremely attractive rental yields combined with high tenant demand. The city is to undergo the biggest regeneration plan outside of London totaling £400million in regeneration projects with its ‘City Deal’ which will transform the city and its economy and bring new employment opportunities which, in turn, will drive tenant demand.
Financial Breakdown
Gross rent: £12,000
Service charge: £880
Net income: £11,120
Gross yield: 10.91%
Net yield: 10.11%
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-07129
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