25 Milnbank Street, Glasgow, G31 3AQ

Description

• PRIME NEW LISTING. We are excited to present this tenanted 1 bedroom main door flat located within a prime location in Glasgow. HOME REPORT OF £100,000

• **Flat 0/2, 121, Craigpark Drive, Glasgow G31 2NU sold for £146,100 in May 2022, Flat 1/1, 519, Alexandra Parade, Glasgow G31 3EP sold for £142,500 in Sep 2021**

• This property offers immediate cashflow with a current rental income of £795 per calendar month (£9,540 per annum). It represents an outstanding opportunity for investors seeking substantial returns, offering an exceptional gross yield of 11.2%, showcasing incredible high-yield potential.

• As a TURNKEY INVESTMENT, this property has been completed to a high standard. It is uniquely positioned in a fantastic, up-and-coming area experiencing incredible capital and rental growth.

• Situated in the desirable East end of Glasgow, this flat is surrounded by a wealth of local amenities, including restaurants and parks like Alexandra Parade Park. It is conveniently located near schools and benefits from excellent public transport links, with the Alexandra Parade train station less than five minutes away.

The property comprises a welcoming hallway entry, a bright and inviting living room with a well-equipped kitchen, a very spacious bedroom, a modern toilet, and ample storage throughout.

This property offers immediate cashflow with a current rental income of £795 per calendar month (£9,540 per annum). It represents an outstanding opportunity for investors seeking substantial returns, offering an exceptional gross yield of 11.2%, showcasing incredible high-yield potential.

As a TURNKEY INVESTMENT, this property has been completed to a high standard. It is uniquely positioned in a fantastic, up-and-coming area experiencing incredible capital and rental 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 0/2, 121, Craigpark Drive, Glasgow G31 2NU sold for £146,100 in May 2022, Flat 1/1, 519, Alexandra Parade, Glasgow G31 3EP sold for £142,500 in Sep 2021**

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, known for its rich cultural heritage and vibrant urban life, offers an exciting blend of history and modernity. With an array of shopping destinations, lively arts scene, and world-class dining, it’s a city that never fails to captivate. Its excellent transport links and educational institutions make it a desirable location for both residents and investors alike.

Map

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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.