29 Drumtrocher Street, Glasgow, G65 0LX

Description

• PRIME NEW LISTING. We are excited to present excellent BRRR opportunity, this vacant 2 bedroom flat located within a prime location in Glasgow. HOME REPORT of £100,000

• **31a, Main Street, Kilsyth G65 0AH sold for £151,500 in Nov 2024; Flat 1, 61, Main Street, Kilsyth G65 0AH sold for £143,000 in Aug 2009**

• An excellent BRRR opportunity, with the potential to achieve between

  £800- £850 PCM

  , translating to an annual income ranging from

  £9,600 to £10,200

  . This offers an exceptional gross yield of

  14.7% to 15.6%

  based on the guide price, making it a

  high-yield investment

  .

• This property is sure to appeal to shrewd investors seeking a high-yielding opportunity with significant capital growth potential. The promising rental market enhances its appeal further.

• Subject to necessary planning consents

  , this flat could be serviced accommodation, with local rates starting at approximately £130 per night. At 70% occupancy per month, it could achieve around

  £1,916 PCM or £22,995 annually,

  leading to an impressive

  35.3% gross yield

  if secured at the guide price.

The property comprises a welcoming hallway entry, a bright and airy living room, a well-equipped kitchen, two very spacious bedrooms, and a modern shower room.

 An excellent BRRR opportunity, with the potential to achieve between £800- £850 PCM, translating to an annual income ranging from £9,600 to £10,200. This offers an exceptional gross yield of 14.7% to 15.6% based on the guide price, making it a high-yield investment.

This property is sure to appeal to shrewd investors seeking a high-yielding opportunity with significant capital growth potential. The promising rental market enhances its appeal further.

Subject to necessary planning consents, this flat could be transformed into serviced accommodation, with local rates starting at approximately £130 per night. At 70% occupancy per month, it could achieve around £1,916 PCM or £22,995 annually, leading to an impressive 35.3% gross yield if secured at the guide price.

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:

**31a, Main Street, Kilsyth G65 0AH sold for £151,500 in Nov 2024; Flat 1, 61, Main Street, Kilsyth G65 0AH sold for £143,000 in Aug 2009**

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, cultural landmarks, and thriving arts scene. Offering excellent transport links and a diverse range of amenities, it provides an ideal environment for both investors and residents seeking dynamic city living

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.