1 bed Flat For Sale £49,500
- Prime Property Auctions is excited to present this exceptional 1 bedroom tenanted investment property located within a prime location in ClydeBank. * Home Report Valuation £60,000.*
- * 58 Drumry Road, Clydebank, Dunbartonshire, G81 2LN Previously sold for £290,000. 128 Riddell Street, Clydebank,Dunbartonshire, G81 2HD Previously sold for £235,000. 5 Queen Mary Crescent, Clydebank, Dunbartonshire, G81 2AD Previously sold for £340,000 *
- Property is currently tenanted at £380 per calendar month (£4,560 p/a) which provides an attractive 9% gross yield based on a guide price of £49,500.
- The property is professionally managed by a local letting agent and has all certs in place.*TURNKEY INVESTMENT*
- Located in a sought after buy to let location, close to local amenities. Sure to appeal to shrewd investors looking for a high yielding investment property with immediate cash flow.
Prime Property Auctions is excited to present this exceptional 1 bedroom tenanted investment property located within a prime location in Clydebank - *HOME REPORT £60,000*
This property is sure to appeal to investors looking for an immediate cash producing investment opportunity. Property is currently tenanted at £380 per calendar month which produces £4,560 per annum making it an attractive investment at Guide price. Property has would produce a Gross rental yield of 9% if achieved for Guide price of £49,500.
Excellent capital growth potential as shown by sales evidence in the area:
* 58 Drumry Road, Clydebank, Dunbartonshire, G81 2LN Previously sold for £290,000. 128 Riddell Street, Clydebank,Dunbartonshire, G81 2HD Previously sold for £235,000. 5 Queen Mary Crescent, Clydebank, Dunbartonshire, G81 2AD Previously sold for £340,000 *
Fantastic readily let investment opportunity with great rental growth potential. Property is currently tenanted at £380 with rental potential of £550-£625. Should the property be re-let at higher level this would provide an impressive gross yield of 14% - 16%.
The property is professionally managed by local letting agent and has all certs in place. Turnkey Investment.
High yielding investment property.
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer Now” button on our website.
This property is offered at a fantastic price to ensure an Auction sale.
The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.
Location:
Local schooling and shopping is readily available and further first class amenities are only minutes away, including the popular Clyde Shopping Centre and Great Western Retail Park which both offer a variety of retail and leisure services. The location is ideal for commuters with Glasgow City Centre only 20 minutes away by public transport. The A82, Great Western Road and Erskine Bridge can be easily accessed by road.
