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239 Cedar Road, Glasgow, G67 3AT

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£35,000

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Guide Price

£35,000

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Flat

Residential

Vacant

239 Cedar Road, Glasgow, G67 3AT

1

bed

1

bath

1

reception

Council tax: A

freehold

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Rare Residential Opportunity

Description

  • PRIME NEW LISTING. We are excited to present this vacant 1-bedroom flat located within a prime location in Glasgow, Cumbernauld.

  • **247, Cedar Road, Abronhill, Glasgow G67 3AT sold for £56,000 in May 2024, 148, Hazel Road, Abronhill, Glasgow G67 3BS sold for £50,000 in Oct 09**

  • This property offers a remarkable investment opportunity with potential rental income commanding between £600 and £700 per calendar month, translating to an impressive annual gross yield of 20.5% to 24% based on the guide price.

  • Sure to appeal to shrewd investors, this property is easily lettable due to its sought-after location, attracting a wide range of potential tenants.

  • Ideally located near a wealth of local amenities, including restaurants and coffee shops, with close proximity to schools and easily accessible public transport links.

PRIME NEW LISTING. We are excited to present this vacant 1-bedroom flat located within a prime location in Glasgow, Cumbernauld.

The property comprises a welcoming hallway entry, a bright and spacious living room, a well-equipped kitchen, a large bedroom offering comfort and tranquillity, a modern bathroom, and ample space for storage.

This property offers a remarkable investment opportunity with potential rental income commanding between £600 and £700 per calendar month, translating to an impressive annual gross yield of 20.5% to 24% based on the guide price.

Sure to appeal to shrewd investors, this property is easily lettable due to its sought-after location, attracting a wide range of potential tenants.

Ideally located near a wealth of local amenities, including restaurants and coffee shops, with close proximity to schools and easily accessible public transport links.

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:

**247, Cedar Road, Abronhill, Glasgow G67 3AT sold for £56,000 in May 2024, 148, Hazel Road, Abronhill, Glasgow G67 3BS sold for £50,000 in Oct 09**

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

Cumbernauld, part of Greater Glasgow, is a vibrant town known for its modern amenities, offering a blend of urban living and scenic greenery. It boasts excellent transport links and a variety of shopping, dining, and leisure options, making it a desirable place to live.

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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)

£11,000

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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.