Wallace Street, Glasgow, G5

2 bedroom Flat in Glasgow

Under Offer
Offers Over £104,000
Current Yield 10.7 %
Potential Yield 11.5 %
Property Reference: 215018675
  • Flat
  • 2 Bedrooms
  • 2 Bathrooms
  • 1 Receptions
  • 62 sq m

Property Features

Property Features

  • Buy-to-Let Opportunity
  • Long Term Tenants Currently Situated
  • Likely to attract enquiries from Serious Investors & Developers
  • Triple-Fixture Bathroom
  • Parking Access Available
  • Easy Access to Local Amenities
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Property Information

Full Details

Our latest listing is a 2-bedroom flat in Glasgow. It is near valuable amenities, can generate rewarding rental returns, and has a tenant currently residing there.

For investors looking to expand their portfolio, this is a fantastic opportunity!

This property features 2 bedrooms, 2 bathrooms, a lounge, a kitchen, and a designated parking spot.

Investment details

It currently produces an annual gross income of £10,200, which the new owner could increase to a market rate of £10,920 with long-term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investor's property portfolio.

Please see the Let Property Pack linked below for greater details on this property's investment potential.

If you are interested, please call us.

Tenancy Details

The current tenants have lived in the property for several years and have consistently paid their rent for their stay. They do not intend to move out so they hope to remain in the property.

Let Property Sales is committed to facilitating a smooth transaction process. To ensure maximum commitment from both parties to the sale, a fully refundable buyer's premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non-completion.

Helpful Information

Council Tax Band: D
Property Reference: 215018675

Investment Checklist

  • Tenancy Status: Tenanted
  • Current Rent pcm: £850
  • Potential Rent pcm: £910
  • Tenancy Agreement in place: Yes
  • Tenancy Compliance in place: Yes
  • Current Term of Tenancy: 4 years+
  • Tenants means of funding: Employment
Property Reference: 215018675
Property Reference: 215018675

Property Location

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Request DetailsWallace Street, Glasgow, G5

Offers Over £104,000

Make an offer
Wallace Street, Glasgow, G5

Listing Price

Offers Over £104,000

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.