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3 2/1 Eastfield Road, Springburn, G21 1NF

£72,000

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Flat

Residential

3 2/1 Eastfield Road, Springburn, G21 1NF

3

bed

1

bath

1

reception

Council tax: C

Rare Tenanted Opportunity

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Description

  • PRIME NEW LISTING. We are excited to present this tenanted 3-bedroom flat located within a prime location in Springburn, Glasgow.Home Report £85,000.

  • **Flat 3/3, 3 Eastfield Road, Glasgow G21 1NF sold for £91,500 in 2022. Flat 3, 48 Ayr Street, Glasgow G21 4BW sold for £107,250 in 2022. Flat 6, 42 Atlas Road, Glasgow G21 4TA sold for £110,000 in 2023.**

  • This property currently achieves £970 per month, paid directly from universal credit, totalling £11,640 per annum. This impressive yield could reach a remarkable 16% if purchased at the guide price, with the home report set at £85,000.

  • Situated in a prime buy-to-let location in Glasgow, this flat presents a perfect opportunity for a shrewd investor seeking a turnkey investment. Enjoy high rental returns from day one, complemented by excellent long-term rental and capital growth potential. The area boasts great local amenities and transport links.

  • The property is in excellent condition and would make a secure purchase for any buy-to-let investor looking for a reliable cash-producing asset. It is an affordable opportunity for someone securing their first property or a seasoned investor looking to expand their portfolio. Its prime location enhances its appeal even further.

PRIME NEW LISTING. We are excited to present this tenanted 3-bedroom flat located within a prime location in Springburn, Glasgow. Home Report £85,000. 

The property comprises a welcoming entrance hallway leading to three spacious bedrooms, a well-equipped kitchen, a modern bathroom, and a cosy living room, all conveniently laid out on one level.

This property currently achieves £970 per month, paid directly from universal credit, totalling £11,640 per annum. This impressive yield could reach a remarkable 16% if purchased at the guide price, with the home report set at £85,000.

Situated in a prime buy-to-let location in Glasgow, this flat presents a perfect opportunity for a shrewd investor seeking a turnkey investment. Enjoy high rental returns from day one, complemented by excellent long-term rental and capital growth potential. The area boasts great local amenities and transport links.

The property is in excellent condition and would make a secure purchase for any buy-to-let investor looking for a reliable cash-producing asset. It is an affordable opportunity for someone securing their first property or a seasoned investor looking to expand their portfolio. Its prime location enhances its appeal even further.

The property is being offered at a fantastic discount to ensure a sale. It should appeal to anyone looking for a straightforward purchase with excellent upside potential.

Excellent sales evidence in the area:

**Flat 3/3, 3 Eastfield Road, Glasgow G21 1NF sold for £91,500. Flat 3, 48 Ayr Street, Glasgow G21 4BW sold for £107,250. Flat 6, 42 Atlas Road, Glasgow G21 4TA sold for £110,000**

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

Springburn, Glasgow is a vibrant suburb known for its excellent connectivity and community spirit. Offering a range of local amenities, parks, and schools, it provides convenient access to Glasgow city centre. The area’s robust public transport links make it a desirable choice for both renters and investors.

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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)

£13,200

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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.