Tenanted three bedroom cottage flat

Enjoy rental income from day one with this tenanted three bedroom cottage flat in the ever popular Hillington area of Glasgow. Located on the ground floor of a block of four, the well presented accommodation comprises lounge with kitchen off, three bedrooms (one off lounge) and bathroom with shower over bath. The property also offers gas central heating, double glazing and garden area to rear. The tenant in situ is currently paying £875 per calendar month, representing an impressive day one rental yield of 11.7% at guide price, and buyers will also enjoy immediate equity given the substantial 22% discount against the £115,000 Home Report valuation. This property is an ideal addition to an existing rental portfolio, but could equally be a great first investment for those starting off on their buy to let journey. Early viewing is essential. Council Tax Band C.

Tenure

Freehold

Area

Yair Drive is located in the Hillington area of Glasgow’s south side, close to a range of local shops, convenience stores and supermarkets. Silverburn Shopping Centre offers an extensive choice of high-street retailers, restaurants and cinema facilities a short drive away. Local schooling includes Hillington Primary School, with secondary education available at Rosshall Academy and Lourdes Secondary School. Transport links are excellent, with Hillington East railway station nearby providing services to Glasgow city centre and the wider area, complemented by local bus routes and convenient access to the M8 motorway network and Glasgow Airport.

Energy Efficiency Rating (EPC)

Current Rating D

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.