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160 Western Road, Glasgow, G72 8EG

Guide Price

£90,000

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Guide Price

£90,000

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Flat

Residential

Vacant

160 Western Road, Glasgow, G72 8EG

2

bed

1

bath

1

reception

Council tax: B

freehold

Rare BRRRR Project

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Description

  • PRIME NEW LISTING. We are excited to present this vacant 2-bedroom flat located within a prime location in Glasgow. Home Report £100,000.

  • **9, Arthur Walk, Cambuslang, Glasgo;9w G72 8FG sold for £167,800 in 2023. 14, Dunscaith Drive, Cambuslang, Glasgow G72 8ZF sold for £130,000 in 2023. 30, Holmhills Terrace, Cambuslang, Glasgow G72 8ER sold for £155,700 in 2023.**

  • This property offers an impressive potential rental income between £750 to £800 per month, equating to £9,000 to £9,600 annually. This yields a remarkable 9% to 10% return if purchased at the guide price.

  • If converted to a serviced accommodation unit, it could achieve £105 per night based on local comparables, yielding an impressive £30,660 per annum with a 70% occupancy rate.

  • Situated in a prime location, this flat represents a fantastic opportunity for a savvy investor or owner-occupier, boasting high rental income potential and promising capital growth.

PRIME NEW LISTING. We are excited to present this vacant 2-bedroom flat located within a prime location in Glasgow. Home Report £100,000.

The property comprises, Ground floor:Entrance door and stair leading to first floor. First floor:Hall, living room, kitchen, two bedrooms and bathroom (with WC).

This property offers an impressive potential rental income between £750 to £800 per month, equating to £9,000 to £9,600 annually. This yields a remarkable 9% to 10% return if purchased at the guide price.

If converted to a serviced accommodation unit, it could achieve £105 per night based on local comparables, yielding an impressive £30,660 per annum with a 70% occupancy rate.

Situated in a prime location, this flat represents a fantastic opportunity for a savvy investor or owner-occupier, boasting high rental income potential and promising capital growth.

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:

**9, Arthur Walk, Cambuslang, Glasgow G72 8FG sold for £167,800 in 2023. 14, Dunscaith Drive, Cambuslang, Glasgow G72 8ZF sold for £130,000 in 2023. 30, Holmhills Terrace, Cambuslang, Glasgow G72 8ER sold for £155,700 in 2023.**

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

Glasgow, renowned for its vibrant culture, rich history, and diverse architecture, offers the perfect blend of urban living with scenic landscapes. With a multitude of transport links, amenities, and recreational options, it’s a thriving city suited for residents and investors alike.

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Deposit & Fee Calculator

10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£15,000

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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.