3/1 7 Clachan Drive, Glasgow, G51 4RU

Description

• PRIME PROPERTY AUCTIONS NEW ENTRTY:Introducing a spacious, 1 bedroom tenanted flat located in the sought after, buy-to-let location of Govan.

   

• 1 L, Landlands Court, Glasgow, G51 3PZ sold for £123,000 in June 2022, 22 0/1, Burghead Place, Glasgow, G51 4JS sold for £110,150 in March 2023

   

• HUGE POTENTIAL YIELD Property could command a gross annual return of £9,000 - £10,200, providing an attractive yield of 12% - 13.6% based off a guide price of £75,000. 

   

• Sure to appeal to a shrewd investor looking for an exceptionally priced opportunity. 

   

• Property is located closely to local amenities, shops and transport links, making it an easily lettable property. 

   

PRIME PROPERTY AUCTIONS NEW ENTRY. Excellent Tenanted Investment Opportunity for a Spacious 1 Bedroom Apartment Located in the sought after buy to let location of Govan. 

Property comprises:Entrance Hallway, large living room perfect for socialising, kitchen area, bathroom and a spacious bedroom. 

1 L, Landlands Court, Glasgow, G51 3PZ sold for £123,000 in June 2022, 22 0/1, Burghead Place, Glasgow, G51 4JS sold for £110,150 in March 2023

Sure to appeal to investors/landlords looking for an excellent buy to let property. Property is currently tenanted at a rent of £360 PCM which provides a gross annual income of £4,320. This is low rent with others nearby commanding a monthly rental of £750 - £850 per calendar month.

HUGE POTENTIAL YIELD OF 13.6%

Sure to appeal to a shrewd investor looking for an exceptionally priced opportunity.

Property currently provides an annual income of £4,320 and has the potential to provide a gross yield of 12% - 13.6% yield should the rents be increased in line with market.

Property could achieve a rental value of £750 - £850 per calendar month, providing a gross annual income of £9000 - £10,200.

Sure to appeal to a shrewd investor looking for an exceptionally priced opportunity.

1 L, Landlands Court, Glasgow, G51 3PZ sold for £123,000 in June 2022, 22 0/1, Burghead Place, Glasgow, G51 4JS sold for £110,150 in March 2023

Excellent Buy to Let Property. Ready Let 1-bedroom flat located in the sought after buy to let location of Govan, Glasgow. HOME REPORT VALUATION £80,000

Sure to appeal to investors and buy-to-let landlords – gives an impressive potential return of 13.6%** if purchased at Guide Price of £75,000.

Property is due for our upcoming Timed online auction. Property is available for immediate offers. Seller will consider offers prior to auction. For further details please contact our sales team on 0141 459 0201. 

Alternatively, you can click the ‘make an offer’ button and the property can be yours today.

Location

Situated in the popular residential town and buy-to-let location of Govan, Glasgow, the apartment blocks are surrounded by both other residential flats, local amenities and job opportunities. The lucrative area is just a 15-minute car journey away from the vibrant heart of Glasgow city centre and is easily accessible to the M8 Motorway, which gives access to the M73 and M74. Govan also offers scenic walks along the river Clyde and has access to a variety of job opportunities located at its doorstep.

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.