Tenanted Property

PROPERTY: New to auction this well-presented three bedroom semi-detached property is located in modern residential development in the West Dunbartonshire village of Old Kilpatrick. The property is offered with tenant in situ, currently offering a gross rental yield of 4% (at Guide Price) and rental income from day one, but with the potential to increase rental in line with current legislation. A massive discount of more than 20% on the Home Report valuation of £185,000 offers significant equity gain as part of the purchase. The property is over two levels and comprises, on the entrance level, spacious lounge/dining room with kitchen off. The upper floor offers three bedrooms and family bathroom with shower over bath. The immediate income and significant equity gain is sure to attract existing rental investors, and could also be a great start to your buy to let portfolio. Early viewing is recommended. Council Tax Band: E. Comparables 7 Islay Crescent, Sold For £231,275, 11/23 19 Islay Crescent, Sold For £224,300, 03/23

Tenure

Freehold

Area

Old Kilpatrick is a charming village to the north west of Glasgow. The village offers a variety local shops, bars, and restaurants within easy walking distance, with early years and primary schools in the area making it a sought-after location for those with young children. Kilpatrick railway station offers services on the North Clyde Line, and the nearby A82 and Erskine Bridge offer an easy commute to Glasgow City Centre, Loch Lomond, or Glasgow Airport.

Energy Efficiency Rating (EPC)

Current Rating C

Local Authority

West Dunbartonshire Council

Additional Fees

Administration Charge - 3.6% inc VAT of the purchase price, subject to a minimum of £3600 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.