2 bed Flat For Sale £75,000
- Prime Property Auctions New Entry. Large 2 Bedroom flat, located in the popular buy to let location of Govanhill, Glasgow. * POTENTIALLY HIGH YIELDING OPPORTUNITY *
- * 531 3/2, Cathcart Road, Glasgow G42 8SG sold for £135,099 in September 2022, 561 Flat 3/1, Cathcart Road, Glasgow G42 8SG sold for £122,600 in December 2022 *
- Property has potential to generate an impressive monthly income of £850 - £950 per month. Sure to appeal to a shrewd investor.
- Property could command an annual income of £10,200 - £11,400 per annum, giving a gross yield of 12% - 13.4% based on a guide price of £85,000.
- Property is currently tenanted at a low rent of £350 per calendar month providing an annual income of £4,200 or a gross yield of 4.9% based on a guide price of £85,000.
Prime Property Auctions New Entry. Large 2 Bedroom flat, located in the popular buy to let location of Govanhill, Glasgow. * POTENTIALLY HIGH YIELDING OPPORTUNITY *
Property comprises: Entrance Hallway, spacious living room and kitchen area, a well-equipped, 3-piece bathroom and 2 bedrooms.
Property could command an annual income of £10,200 - £11,400 per annum, giving a gross yield of 12% - 13.4% based on a guide price of £85,000.
* 531 3/2, Cathcart Road, Glasgow G42 8SG sold for £135,099 in September 2022, 561 Flat 3/1, Cathcart Road, Glasgow G42 8SG sold for £122,600 in December 2022 *
Property has potential to generate an impressive monthly income of £850 - £950 per month.
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. There is fantastic sales evidence with similar properties selling for much higher: Great opportunity for a high yielding opportunity.
* 531 3/2, Cathcart Road, Glasgow G42 8SG sold for £135,099 in September 2022, 561 Flat 3/1, Cathcart Road, Glasgow G42 8SG sold for £122,600 in December 2022 *
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 on[use Contact Agent Button].
Location:
Govanhill is a vibrant and culturally diverse neighbourhood located in the Southside of Glasgow, Scotland. Steeped in history and known for its sense of community, Govanhill offers a unique blend of traditional charm and modern amenities.
As you explore the streets of Govanhill, you'll be captivated by the architectural beauty that reflects its rich heritage. Victorian-era tenements line the thoroughfares, adorned with colourful facades and intricate detailing. These buildings stand as a testament to the area's past, evoking a sense of nostalgia and character.
Govanhill's main hub is Victoria Road, a bustling street brimming with a myriad of shops, cafes, and restaurants. Here, you'll find a vibrant mix of local businesses, selling everything from fresh produce and vintage clothing to unique crafts and artisanal goods. The street buzzes with activity, as residents and visitors alike peruse the various offerings and soak in the lively atmosphere.
