5/2 8 Cranston St, Glasgow, G3 8GG

Description

**5/2, 8 Cranston St, Glasgow, G3 8GG**

• PRIME NEW LISTING. We are excited to present this tenanted two-bedroom flat located within a prime location in Glasgow.

• Sales Evidence:**5/1 8 Cranston Street sold for £183,000 in 2023** **5/3 8 Cranston Street sold for £192,000 in 2023**

• An exceptional opportunity for investors seeking a high-yielding rental property in a sought-after area.

• Currently rented at £1,100 per calendar month, this investment generates a yearly rental income of £13,200, offering an impressive yield of 11% based on the guide price.

• The property holds the potential to achieve a rental income of £1,200 to £1,300 per month, boosting yearly income to between £14,400 and £15,600, thereby enhancing the yield to 12% to 13%.

PRIME NEW LISTING. We are excited to present this tenanted two-bedroom flat located within a prime location in Glasgow.

The property comprises a cosy living room, a spacious master bedroom with an en suite bathroom, a comfortable second bedroom, and an additional well-appointed bathroom.

An exceptional opportunity for investors seeking a high-yielding rental property in a sought-after area.

Currently rented at £1,100 per calendar month, this investment generates a yearly rental income of £13,200, offering an impressive yield of 11% based on the guide price.

The property holds the potential to achieve a rental income of £1,200 to £1,300 per month, boosting yearly income to between £14,400 and £15,600, thereby enhancing the yield to 12% to 13%.

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:

**5/1 8 Cranston Street sold for £183,000 in 2023** **5/3 8 Cranston Street sold for £192,000 in 2023**

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 and dynamic city known for its rich history, cultural attractions, and thriving arts scene. It offers excellent transport links, diverse shopping and dining options, and is home to renowned educational institutions, making it an ideal location for both residents and investors.

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.