£65,000 Opening Bid

3/1 87 Barlogan Avenue Glasgow G52 1AG

195821491

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 sold with the tenant in situ. ***HOME REPORT VALUATION £75,000 ***   
  • ***89 Barlogan Avenue, Glasgow G52 1AG sold for £103,050 in November 2021, 63 Flat 2/1, Barlogan Avenue, Glasgow, G52 1AQ sold for £105,000 in August 2017*** 

  • Property is currently tenanted at £395 per calendar month with a long-standing tenant.   
  • Property currently has a low rent of £395 with market rent being £650 - £725. With huge potential upside, this would generate an annual income of £7,800 - £8,700. Gross Rental yield potential of 11.4% - 12.8% if achieved for Guide price. 
  • Sure to appeal to investors looking for a Turnkey investment opportunity. Property currently generates an annual income of £4,740 producing a yield of 6.9% if achieved for Guide of £68,000.

Prime Property Auctions New Entry. Large 1 Bedroom mid terraced property sold with the tenant in situ. ***HOME REPORT VALUATION £75,000 *** Property comprises: Entrance hallway, Large living room, fantastic sized dining kitchen. 1 bedrooms and bathroom. Property benefits from gas central heating double glazing and garden areas to front and rear of the property.

Fantastic opportunity to purchase a property under market value to ensure Auction Sale. HOME REPORT VALAUTION £75,000.  Sure to appeal to investors looking for a Turnkey investment opportunity. Property currently generates an annual income of £4,740 producing a yield of 6.9% if achieved for Guide of £68,000.

Property currently has a low rent of £395 with market rent being £650 - £725. This would generate an annual income of £7,800 - £8,700. Gross Rental yield potential of 11.4% - 12.8% if achieved for Guide price.

There is some great sales evidence in the area and super potential for capital growth as well as rental growth.  ***89 Barlogan Avenue, Glasgow G52 1AG sold for £103,050 in November 2021, 63 Flat 2/1, Barlogan Avenue, Glasgow, G52 1AQ sold for £105,000 in August 2017*** 

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Make an Offer” 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 on 0141 459 0201.

Location:

Barlogan Avenue is situated close to Glasgow Clyde College, across the river from the city centre. Positioned perfectly to benefit from the vibrant culture of the city centre of Glasgow whilst being exposed to local amenities such as public transport routes and Braehead shopping centre. There are a number of country parks in the vicinity and the village is well placed for the M8 motorway giving access throughout central Scotland. There is also a large exposure to superstores making it convenient to tenants. 

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 1 Bedroom flat sold with the tenant in situ. ***HOME REPORT VALUATION £75,000 *** 
  • ***89 Barlogan Avenue, Glasgow G52 1AG sold for £103,050 in November 2021, 63 Flat 2/1, Barlogan Avenue, Glasgow, G52 1AQ sold for £105,000 in August 2017*** 
  • Property is currently tenanted at £395 per calendar month with a long-standing tenant. 
  • Property currently has a low rent of £395 with market rent being £650 - £725. With huge potential upside, this would generate an annual income of £7,800 - £8,700. Gross Rental yield potential of 11.4% - 12.8% if achieved for Guide price. 
  • Sure to appeal to investors looking for a Turnkey investment opportunity. Property currently generates an annual income of £4,740 producing a yield of 6.9% if achieved for Guide of £68,000. 

Request more Information

"*" indicates required fields

Name*
This field is for validation purposes and should be left unchanged.

Request documents

We just need to collect some details before we make this file available.

"*" indicates required fields

Name*

Request Access

Once you have submitted your details you will receive a copy of the requested files