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Guide Price

£39,000

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Flat 42 14 Clyde Street, Glasgow, G1 5HN

Residential

flat

studio

Vacant

1

bed

1

bath

1

reception

Tax band: A

Freehold

Rare Residential Opportunity

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Floorplan

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How to buy at auction

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Deadline for offers

2 days left

Description

  • PRIME NEW LISTING. We are excited to present this vacant second-floor studio apartment located within a prime location in Glasgow. Home Report £42,000.

  • **Flat 6/3, 220, Howard Street, Glasgow G1 5HE sold for £110,000**, **17, Saltmarket Place, Glasgow G1 5NF sold for £91,111**, **Flat 28, 20, Montrose Street, Glasgow G1 1RE sold for £106,500**

  • This property presents an outstanding opportunity with rental potential generating between £1,300 to £1,400 per calendar month. This equates to an attractive £15,600 to £16,800 annually and could yield an impressive 43% gross if bought at the guide price. Truly an amazing discount.

  • A fantastic renovation opportunity, this property is perfect for a BRRR investor seeking their next project. Situated in a prime location, it offers significant potential for capital growth and rental returns. The area benefits from excellent transport links and is right in the heart of Glasgow city centre.

  • The option to use this property as an Airbnb promises remarkable returns. With potential earnings of £95 to £110 per night, and assuming a 70% occupancy rate, you could achieve a fantastic annual income of £22,995 to £28,105, pending necessary licensing and information.

PRIME NEW LISTING. We are excited to present this vacant second-floor studio apartment located within a prime location in Glasgow. Home Report £42,000.

The property comprises an open-plan spacious living room, bedroom, and well-equipped kitchen, alongside an internal three-piece shower room suite.

This property presents an outstanding opportunity with rental potential generating between £1,300 to £1,400 per calendar month. This equates to an attractive £15,600 to £16,800 annually and could yield an impressive 43% gross if bought at the guide price. Truly an amazing discount.

A fantastic renovation opportunity, this property is perfect for a BRRR investor seeking their next project. Situated in a prime location, it offers significant potential for capital growth and rental returns. The area benefits from excellent transport links and is right in the heart of Glasgow city centre.

The option to use this property as an Airbnb promises remarkable returns. With potential earnings of £95 to £110 per night, and assuming a 70% occupancy rate, you could achieve a fantastic annual income of £22,995 to £28,105, pending necessary licensing and information.

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 6/3, 220, Howard Street, Glasgow G1 5HE sold for £110,000, 17, Saltmarket Place, Glasgow G1 5NF sold for £91,111, Flat 28, 20, Montrose Street, Glasgow G1 1RE sold for £106,500

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 brimming with culture, history, and opportunities. Known for its robust educational atmosphere, world-class shopping, and exceptional nightlife, this location is ideal for both residents and investors. With its dynamic arts scene and excellent transport links, Glasgow continues to thrive as one of Scotland’s most exciting cities.

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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)

£11,000

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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.