1 bed Flat For Sale £75,000
3/3, 241 Newlands Road, Glasgow, Lanarkshire, G44 4EJ

FOR SALE BY ONLINE AUCTION THURSDAY 27TH JULY AT 9.00AM. Opportunity to purchase a vacant flat in the highly desirable area of Cathcart in Glasgow's vibrant southside. The property is situated in a prime position, close to nearby amenities and transport links. Excellent investment opportunity with an estimated rental income of £8,100 per annum (£675pcm). Providing a yield of 10.8% at current guide price.

ONLINE PROPERTY AUCTIONS SCOTLAND are delighted to present this well presented one bedroom, flat in one of Glasgow's most popular districts. Located in a high demand rental area in Glasgow's southside, the property would make an excellent addition to an investors portfolio, with an end-market potential income of up to £8,100 per annum (£675pcm).

Situated in the district of Cathcart, this property benefits from having excellent amenities nearby including a host of shops, cafes, bars and parks. the area further benefits from having various public transport links.

This property is likely to attract attention from a wide variety of prospective buyers, including first time buyers and investors alike, due to the excellent location and potential this property offers.

Potential rental income of up to £8,100 per annum
Attractive yield of 10.8% based on current guide price
Outstanding investment opportunity, likely to attract the attention of investors
Highly sought after location in Glasgow's southside
Situated next to a wide range of amenities including shops, cafes and bars
Excellent transport links nearby including Cathcart train station

Recent sales:
Flat 1/2, 212 Newlands Road, Glasgow, G44 4EY sold (July 2020) £197,125
3/2, 3 Castlebrae Gardens, Glasgow, G44 4EB sold (Sep 2020) £170,000
3/1, 5 Castlebrae Gardens, Glasgow, G44 4EB sold (Feb 2020) £166,100
32 Clarkston Road, Glasgow, G44 4EH sold (Feb 2020) £146,500

The property benefits from being walking distance of excellent amenities including cafes, restaurants and bars as well as the lovely Queen's park, which offers beautiful walking areas. The property further benefits from having great transport links nearby, allowing access to the city center.

The property is located in a southern suburb of Glasgow approximately 2 miles south of the city centre. The property is situated closely the Langside Campus, part of Glasgow Clyde College and is a short distance form Cathcart train station, as well as being within close proximity to Hampden Park, Scotland's national stadium. Nearby retailers on include Sainsbury's Local, Gregg's, Domino's Pizza and Subway. The area will also benefit from the ongoing development of the former Victoria Infirmary into high end housing and retail outlets. Glasgow's Southside is a large sprawling area south of the River Clyde with lots of distinct areas and plenty of attractions.

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Purchases are subject to a Buyer's Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup/Special Conditions in the Legal pack to confirm. All prices quoted are exclusive of VAT.