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Guide Price

£90,000

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19 Merrick Gardens, Glasgow, G51 2TN

Residential

flat

Vacant

2

bed

1

bath

1

reception

Tax band: B

Freehold

Rare BRRR Opportunity

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Description

  • PRIME NEW LISTING. We are excited to present this vacant 2-bedroom flat located in a prime location in Glasgow.

  • **Flat 3/2, 21 Merrick Gardens, Glasgow G51 2TN sold for £166,000. Flat 0/1, 17 Merrick Gardens, Glasgow G51 2TN sold for £179,100. Flat 0/2, 25 Merrick Gardens, Glasgow G51 2TN sold for £185,000.**

  • Unlock the full potential of this property with a renovation project. Once upgraded, it could demand rental returns of £900 to £1,000 per month, generating an impressive £10,800 to £12,000 annually. This represents a fantastic 12% yield based on the guide price.

  • This is a prime BRRRR (Buy, Refurbish, Rent, Refinance, Repeat) opportunity for savvy investors seeking their next lucrative project. Benefit from substantial capital growth and exceptional rental yields, whether you plan to sell or hold the property.

  • Nestled in a prime location with superb transport links and local amenities, this property is only a stone's throw from the city centre. It's an ideal opportunity for investors or first-time buyers, offering endless possibilities for customisation and growth.

PRIME NEW LISTING. We are excited to present this vacant 2-bedroom flat located in a prime location in Glasgow.

The property comprises an inviting entrance, a welcoming hallway, two spacious bedrooms, a well-equipped kitchen, a comfortable living room, a modern bathroom, and ample storage throughout.

Unlock the full potential of this property with a renovation project. Once upgraded, it could demand rental returns of £900 to £1,000 per month, generating an impressive £10,800 to £12,000 annually. This represents a fantastic 12% yield based on the guide price.

This is a prime BRRRR (Buy, Refurbish, Rent, Refinance, Repeat) opportunity for savvy investors seeking their next lucrative project. Benefit from substantial capital growth and exceptional rental yields, whether you plan to sell or hold the property.

Nestled in a prime location with superb transport links and local amenities, this property is only a stone's throw from the city centre. It's an ideal opportunity for investors or first-time buyers, offering endless possibilities for customisation and 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:

**Flat 3/2, 21 Merrick Gardens, Glasgow G51 2TN sold for £166,000. Flat 0/1, 17 Merrick Gardens, Glasgow G51 2TN sold for £179,100. Flat 0/2, 25 Merrick Gardens, Glasgow G51 2TN sold for £185,000.**

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 is a vibrant city known for its rich history, thriving cultural scene, and excellent amenities. With a diverse range of shops, restaurants, and entertainment options, it offers a dynamic lifestyle. The city is well-connected with superb transport links, making it an ideal location for both investors and residents.

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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

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