*Guide | £38,500 (plus fees)
- Flat
- 1 Bedroom
- Tenure: Freehold
Call the team on 0141 339 4466 for more information
THIS PROPERTY IS BEING SOLD BY LIVESTREAM AUCTION AT 2PM ON THURSDAY 21st MAY. You can bid online, by telephone or by proxy. You must register to bid before 12.00 noon on Thursday 21st May. Being sold as part of a portfolio with Flat 1/1, 2164 Dumbarton Road, Glasgow, G14 0JJ
A rare chance to acquire a value add flat in a strong Glasgow rental location. This second floor, purpose built unit (circa 1900) forms part of a two flat investment portfolio and offers clear scope for uplift through refurbishment. The layout comprises hallway, lounge/bedroom, kitchen and bathroom. The property requires a complete renovation, with windows currently boarded internally. Once reinstated, the flat becomes ideal rental stock in a consistently high demand pocket of Yoker. Post refurbishment, the property is well positioned to achieve the Local Housing Allowance rate of £8,317 per annum, with private sector rents expected to outperform given local tenant demand and improving rental values. A straightforward, refurbishment led opportunity to add value and secure strong long term returns. Council Tax Band A.
Tenure
Freehold
Area
Yoker is a well connected and steadily improving district on Glasgow’s west side, popular with renters due to its excellent transport links, proximity to the Clyde, and access to a wide range of local amenities. The area benefits from frequent bus and rail services, easy access to Clydebank and the city centre, and ongoing regeneration activity that continues to strengthen rental demand. Traditional tenement stock remains highly sought after, with refurbished units achieving strong occupancy and competitive rents.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
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.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
