16 South Frederick Street, 1/6, Glasgow, G1 1HJ

Description

• PRIME NEW LISTING. We are excited to present this vacant 1-bedroom flat located within a prime location in Glasgow. Home Report of £160,000

• **Flat 2/8, 16 Scott House, South Frederick Street, Glasgow G1 1HJ sold for £162,500 in May 2024**, **Flat 3/5, 16 Scott House, South Frederick Street, Glasgow G1 1HJ sold for £170,000 in Jan 2019**

• Currently vacant, this property offers a fantastic rental opportunity with potential to command upwards of £1,250 PCM / £15,000 PA, presenting an incredible yield of 11.3% for investors.

• This prime location is a golden opportunity for property investors seeking a fully finished residence in an excellent locale. The flat's high-standard finish makes it ready to occupy or let, boasting fantastic capital growth potential. Ideal for those looking to acquire a rare auction property.

• In walk-in condition, the property showcases a contemporary design, offering significant potential for personal customisation and finishing touches. Situated in a prime buy-to-let area, the flat is certain to attract keen interest.

PRIME NEW LISTING. We are excited to present this vacant 1-bedroom flat located within a prime location in Glasgow. Home Report of £160,000

The property comprises a welcoming entrance hallway, a bright and open plan living room with a well-equipped kitchen, a spacious bedroom, and a modern bathroom.

Currently vacant, this property offers a fantastic rental opportunity with potential to command upwards of £1,250 PCM / £15,000 PA, presenting an incredible yield for investors.

This prime location is a golden opportunity for property investors seeking a fully finished residence in an excellent locale. The flat's high-standard finish makes it ready to occupy or let, boasting fantastic capital growth potential. Ideal for those looking to acquire a rare auction property.

In walk-in condition, the property showcases a contemporary design, offering significant potential for personal customisation and finishing touches. Situated in a prime buy-to-let area, the flat is certain to attract keen interest.

The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

Excellent sales evidence in the area:

**Flat 2/8, 16 Scott House, South Frederick Street, Glasgow G1 1HJ sold for £162,500 in May 2024**, **Flat 3/5, 16 Scott House, South Frederick Street, Glasgow G1 1HJ sold for £170,000 in Jan 2019**

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. 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.

Location

Nestled in the heart of Glasgow, this area offers vibrant city life with a mix of cultural landmarks, bustling shopping districts, and excellent transport links, making it an ideal location for both living and investing.

Map

Need help funding this purchase?

Virtual Tour

Play Video: 16 South Frederick Street, 1/6, Glasgow, G1 1HJ

Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.