Aberfeldy Street, Glasgow, G31

1 bedroom Flat in Glasgow

Under Offer
Offers Over £65,000
Current Yield 6 %
Potential Yield 9.8 %
Property Reference: 180270152
  • Flat
  • 1 Bedrooms
  • 1 Bathrooms
  • 1 Receptions
  • 46.2 sq m

Property Features

Property Features

  • Buy-to-Let Opportunity
  • Long Term Tenant Currently Situated
  • Likely to attract enquiries from Serious Investors & Developers
  • Prime Glasgow Rental Location
  • Close Proximity to Several Amenities
  • Modern Kitchen
  • Great Condition
  • Right There Sublet Agreement in Place
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Property Information

Full Details

This is a well proportioned flat located in Denniston, a prime rental location situated around Glasgow. It has a long term contract with the charity Right There who manage the property and its tenants, has been kept in great condition and generates a fantastic rental income.

The home is neutrally decorated throughout and consists of 1 bedroom, a three-piece bathroom, a spacious lounge and modern kitchen.

Investment details

The property currently produces an annual gross income of £5,100 which could be increased by the new owner to a market rate of £8,340 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested in viewing the Home Report, please call us.

Tenancy Details

The owner has a long term contract with the charity, Right There. They manage the maintenance of the property and the tenants which occupy.

Location

The property is located in Dennistoun which is found just outside Glasgow City Centre. Not only does this mean travel into the centre will be quick and easy, which is desirable for young professionals, but it is also surrounded by hundreds of valuable amenities - most of which are in walking distance!

These include bars & restaurants, cafes, convenience stores, supermarkets, leisure facilities, Primary & Secondary Schools, the Alexandra Parade train station, several bus stops and Alexandra Park - literally anything a tenant will need, they will be able to find it here.

Living Space/lounge

Thanks to the large front window, the lounge is very well lit and makes for an ample living area with space for furniture.

Kitchen

The property has a modern kitchen that is the ideal size for a single occupant.

Bathroom

A three-piece bathroom is found that consists of a wash basin, W.C. and bathtub with an overhead shower attachment.

Bedrooms

The bedroom is a great size as it has enough room for a king sized bed and bedroom furniture.

Let Property are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is fully refundable in the event of non-completion at no fault of your own.

Helpful Information

Council Tax Band: A
Property Reference: 180270152

Investment Checklist

  • Tenancy Status: Tenanted
  • Current Rent pcm: £425
  • Potential Rent pcm: £695
  • Tenancy Agreement in place: Yes
  • Tenancy Compliance in place: Yes
  • Current Term of Tenancy: 4 years +
  • Tenants means of funding: Right There Sublet
Property Reference: 180270152
Property Reference: 180270152

Property Location

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Request DetailsAberfeldy Street, Glasgow, G31

Offers Over £65,000

Make an offer
Aberfeldy Street, Glasgow, G31

Listing Price

Offers Over £65,000

Disclaimer
All offers are submitted to the seller for approval. On acceptance of your offer you will be required to instruct a solicitor for Legal Acceptance of your offer. A fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion. Terms and payment details will be provided upon verbal acceptance of your offer.