1 bed flat for sale in 3/3, 241 Newlands Road, Glasgow, Lanarkshire G44, £75,000

75,000.00

Offer Nr.:
65010016
Type of ad:
for Sale
Property type:
1 bed flat
Bedrooms:
1
Contact name:
Online Property Auctions Scotland Ltd
Phone(s):
0141 376 8622

* Freehold
* Potential end market rental income of £8, 100 per annum (£675pcm)
* Highly sought after location in Glasgow's southside
* Outstanding investment opportunity, likely to attract the attention of investors
For sale by online auction Thursday 27th July at 9. 00AM. Opportunity to
purchase a vacant flat in the highly desirable area of Cathcart in Glasgow's
vibrant southside. The property is situated in a prime position, close to
nearby amenities and transport links. Excellent investment opportunity with an
estimated rental income of £8, 100 per annum (£675pcm). Providing a yield of
10. 8% at current guide price.
Online property auctions scotland are delighted to present this well presented
one bedroom, flat in one of Glasgow's most popular districts. Located in a
high demand rental area in Glasgow's southside, the property would make an
excellent addition to an investors portfolio, with an end - market potential
income of up to £8, 100 per annum (£675pcm).
Situated in the district of Cathcart, this property benefits from having
excellent amenities nearby including a host of shops, cafes, bars and parks.
The area further benefits from having various public transport links.
This property is likely to attract attention from a wide variety of
prospective buyers, including first time buyers and investors alike, due to
the excellent location and potential this property offers.
Potential rental income of up to £8, 100 per annum
Attractive yield of 10. 8% based on current guide price
Outstanding investment opportunity, likely to attract the attention of
investors
Highly sought after location in Glasgow's southside
Situated next to a wide range of amenities including shops, cafes and bars
Excellent transport links nearby including Cathcart train station
Recent sales:
Flat 1/2, 212 Newlands Road, Glasgow, G44 4EY sold (July 2020) £197, 125
3/2, 3 Castlebrae Gardens, Glasgow, G44 4EB sold (Sep 2020) £170, 000
3/1, 5 Castlebrae Gardens, Glasgow, G44 4EB sold (Feb 2020) £166, 100
32 Clarkston Road, Glasgow, G44 4EH sold (Feb 2020) £146, 500
The property benefits from being walking distance of excellent amenities
including cafes, restaurants and bars as well as the lovely Queen's park,
which offers beautiful walking areas. The property further benefits from
having great transport links nearby, allowing access to the city center.
The property is located in a southern suburb of Glasgow approximately 2 miles
south of the city centre. The property is situated closely the Langside
Campus, part of Glasgow Clyde College and is a short distance form Cathcart
train station, as well as being within close proximity to Hampden Park,
Scotland's national stadium. Nearby retailers on include Sainsbury's Local,
Gregg's, Domino's Pizza and Subway. The area will also benefit from the
ongoing development of the former Victoria Infirmary into high end housing and
retail outlets. Glasgow's Southside is a large sprawling area south of the
River Clyde with lots of distinct areas and plenty of attractions.
To view legal documents for all properties, and to register for our online
auctions please visit our website.
Purchases are subject to a Buyer's Premium. There may also be additional fees
on certain properties. Please refer to the Articles of Roup/Special Conditions
in the Legal pack to confirm. All prices quoted are exclusive of VAT.

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