Part of a portfolio of four flats

This fantastic refurbishment project enjoys popular location in the Shettleston area, approximately five miles east of Glasgow city centre. This flat is a first floor flat, in a block of four flats overall, comprising lounge, kitchen, one bedroom and bathroom. The property requires a full programme of refurbishment, both internally and in common areas, which is reflected in the competitive guide price and offers a great opportunity to add value through works. On completion of works, the published LHA rate offers an attractive potential rental income of £8,317 per annum, with strong rental demand suggesting that rental income above this level may be achievable. This property is being offered as part of a portfolio with the three other flats in the same block (1/2, 2/1 and 2/2), but the sale of individual units may be considered. Early viewing is essential to fully appreciate the outstanding value on offer. Council Tax Band: B. EPC Rating: C.

Tenure

Freehold

Area

McNair Street enjoys convenient east end location, approximately five miles from Glasgow city centre. This area is well-connected with excellent transport links, including nearby Shettleston and Carntyne train stations, multiple bus routes, and quick access to the M8 motorway, making it ideal for commuting tenants working in the city centre or further afield. With local amenities, schools, parks, and retail options are all within easy reach.

Energy Efficiency Rating (EPC)

Current Rating C

Local Authority

Glasgow City 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.