£75,000 Opening Bid

198 Calder Street, Glasgow, G42 7PE

203486719

Interested in this property?

Type

Ownership

Occupation

Bedrooms

1

Council Tax

Band: A

Available documents

Legal Pack
Home Report
Tenanted Residential Property

Details

Property Summary

  • Prime Property Auctions New Entry. Large 1 Bedroom flat, located in the popular buy to let location of Govanhill, Glasgow. *** POTENTIALLY HIGH YIELDING OPPORTUNITY ***  
  • *** 214 Flat 3/1, Calder Street, Glasgow, G42 7PE sold for £125,557 in November 2021, 42, ½, Garturk Street, Glasgow, G42 8JF sold for £115,000 in August 2022 *** 

 
  • Property has potential to generate an impressive monthly income of £850 - £950 per month. Sure to appeal to a shrewd investor. 

 
  • Property could command an annual income of £10,200 - £12,000 per annum, giving a gross yield of 15.7% - 18.5%.  

 
  • Property is currently tenanted at a low rent of £395 per calendar month providing an annual income of £4,740 or a gross yield of 7.2% based on a guide price of £65,000.  

 
 

Prime Property Auctions New Entry. Large 1Bedroom flat, located in the popular buy to let location of Govanhill, Glasgow. *** POTENTIALLY HIGH YIELDING OPPORTUNITY *** 

Property comprises: Entrance Hallway, spacious living room and kitchen area, a well-equipped, 3-piece bathroom, 1  bedroom and 1 box room.  

Property could command an annual income of £10,200 - £12,000 per annum, giving a gross yield of 15.7% - 18.5%. Sure to appeal to a shrewd investor.  

 

*** 214 Flat 3/1, Calder Street, Glasgow, G42 7PE sold for £125,557 in November 2021, 42, ½, Garturk Street, Glasgow, G42 8JF sold for £115,000 in August 2022 *** 

 

 

Property has potential to generate an impressive monthly income of £850 - £950 per month.
 

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. There is fantastic sales evidence with similar properties selling for much higher: Great opportunity for a high yielding opportunity. 

 

*** 214 Flat 3/1, Calder Street, Glasgow, G42 7PE sold for £125,557 in November 2021, 42, ½, Garturk Street, Glasgow, G42 8JF sold for £115,000 in August 2022 *** 

 

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 on 0141 459 0201.

 

Location:
 

Govanhill is a vibrant and culturally diverse neighbourhood located in the Southside of Glasgow, Scotland. Steeped in history and known for its sense of community, Govanhill offers a unique blend of traditional charm and modern amenities.
 

As you explore the streets of Govanhill, you'll be captivated by the architectural beauty that reflects its rich heritage. Victorian-era tenements line the thoroughfares, adorned with colourful facades and intricate detailing. These buildings stand as a testament to the area's past, evoking a sense of nostalgia and character.
 

Govanhill's main hub is Victoria Road, a bustling street brimming with a myriad of shops, cafes, and restaurants. Here, you'll find a vibrant mix of local businesses, selling everything from fresh produce and vintage clothing to unique crafts and artisanal goods. The street buzzes with activity, as residents and visitors alike peruse the various offerings and soak in the lively atmosphere. 

Location

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.

Virtual Tours

Property Features

  • Prime Property Auctions New Entry. Large 2 Bedroom flat, located in the popular buy to let location of Govanhill, Glasgow. *** POTENTIALLY HIGH YIELDING OPPORTUNITY *** 
  • *** 214 Flat 3/1, Calder Street, Glasgow, G42 7PE sold for £125,557 in November 2021, 42, ½, Garturk Street, Glasgow, G42 8JF sold for £115,000 in August 2022 *** 
  • Property has potential to generate an impressive monthly income of £850 - £950 per month. Sure to appeal to a shrewd investor. 
  • Property could command an annual income of £10,200 - £12,000 per annum, giving a gross yield of 15.7% - 18.5%.  
  • Property is currently tenanted at a low rent of £395 per calendar month providing an annual income of £4,740 or a gross yield of 7.2% based on a guide price of £65,000. 

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