This property is no longer on the market
1 bedroom flat
Key information
Property description & features
- Tenure: Freehold
Online Property Auctions Scotland are delighted to present this one bedroom flat, situated in a high tenant demand area in the North side of Glasgow. In need of modernisation, the flat would make an excellent project for someone looking to renovate a property to their own specification.
The property is situated perfectly for a host of nearby amenities including a wide variety of shops, cafes and transport links. The flat further benefits from being a short distance from Stobhill hospital, making this an ideal rental property for nurses and doctors.
This property would make an excellent investment to an investors portfolio. Located in a high tenant demand area, the property could potentially achieve a rental income of £600 providing an attractive yield of 12% at guide price.
Well positioned and centrally located, the property benefits from being within walking distance from a variety of amenities. Springburn Shopping Centre which hosts a range of shops and food outlets is within close proximity to the property. The property further benefits form being close to public transport links including Springburn train station. The property has been heavily discounted to ensure an auction sale.
Heavily discounted property
Excellent renovation project
Centrally located and close to a host of amenities
Rarely brought to auction
High tenant demand area
End market potential rental income of up to £7,200 per annum. A yield of 12% at guide price.
Nearby sold prices:
146 Balgrayhill Road, Glasgow, G21 3AE Sold (May 2018) £130,000
78 Balgrayhill Road, Glasgow, G21 4UQ Sold (June 2019) £127,000
0/2, 21 Edgefauld Place, Glasgow, G21 4UG sold (April 2019) £125,000
13 Edgefauld Place, Glasgow, G21 4UG Sold (October 2012) £119,000
Located in the North side of Glasgow, Springburn is well positioned for the M77 and M8 motorway's which gives access to Glasgow city center (2.5 miles) and Edinburgh (47 miles). This is a rare opportunity to acquire an excellent property close to amenities, schools & hospitals.
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Broadband availability and predicted speed: obtained from Ofcom on March 31, 2023
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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