Skip to main content
Popular
Total views:  500+
Guide price
£80,000

3 bedroom flat for sale

Inverleith Street, Glasgow
Auction
Flat
3 beds
1 bath
Added > 14 days

Key information

TenureFreehold
Council taxBand B
BroadbandSuper-fast 70Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Tenure: Freehold
  • Being sold with tenant in situ
  • Rental yield of 6.3% at guide price
  • Impressive 20% discount against £100,000 home report valuation
  • Perfect addition to rental portfolio
Three bedroom flat

If you’re looking for rental income from day one, then this new auction listing in Glasgow is the perfect property for you. This three bedroom ground floor cottage flat enjoys prime location in Inverleith Street, in the popular east end of Glasgow. Whilst no internal viewings are available, the accommodation is reported as comprising a lounge, three bedrooms, kitchen and bathroom over approximately 76 sq. metres. Being sold with tenant in situ currently paying £420 per calendar month (£5,040 per annum) which equates to an immediate rental yield of 6.3% at guide price, with the potential to increase rent in line with current legislation. In addition, the guide price offers an impressive 20% discount against £100,000 home report valuation. Instant income and equity is sure to attract strong levels of investor demand as a perfect addition to a rental portfolio, so early expression of interest is essential. Council Tax Band: B. EPC Rating: D.

NOTE TO PURCHASERS
This property is offered as mortgage not in possession with no internal viewings available.

Comparable:
347 Inverleith Street: Sold For: £140,000 10/24

Inverleith Street enjoys convenient location in the popular east end of Glasgow. A range of local facilities are available nearby, with larger retail and leisure options at Glasgow Fort and Forge Retail Park. Public transport links are readily available, and the location also provides easy access to the motorway network.


PURCHASERS NOTES
Please note that these particulars have been prepared by us on the basis of information provided by our client. If there is any aspect of these particulars that you wish clarified or that you find misleading please contact the office where further information will be made available.

• No tests have been made of services, equipment or fittings.
• No warranty is given or implied as to the condition of buildings, services, fixtures, fittings etc.
• All measurements, distances and acres are approximate.
• Fixtures, fittings and other items are not included unless specified in these details.

This material is protected by the laws of copyright. The owner of the copyright is Auction House Scotland. The property sheet forms part of our database and is protected by the database rights and copyright laws. No unauthorised copying or distribution without permission. Auction House Scotland is revolutionising the sale of property in Scotland.

Remember, if you are buying a property which is being sold by Auction House Scotland you will normally be responsible for payment of a Buyer's Premium or Auction Fee of 3.6% of the purchase price subject to a minimum of £3600 inclusive of VAT. More details can be obtained on application.

Cybercrime Warning:
Please be aware that there is a significant risk posed by cyber fraud, specifically affecting email accounts and bank account details. PLEASE NOTE THAT OUR BANK ACCOUNT DETAILS WILL NOT CHANGE DURING THE COURSE OF A TRANSACTION AND WE WILL NOT CHANGE OUR BANK DETAILS VIA EMAIL. Please be careful to check account details with us in person if in any doubt. We will not accept responsibility if you transfer money into an incorrect account.
Visit agent website

About this agent

Auction House Scotland - Scotland
Auction House Scotland - Scotland
Building 3, 42-46 Munro Place Anniesland, Glasgow G13 2UP
0141 376 7959
Full profileProperty listingsHome Report
Auction House Scotland is a robust, respected and experienced company with high service standards. As part of the UK’s leading network of regional auction
rooms, we have an extensive database of national and international buyers, and as a result, hold an impressive selling success rate – selling 88% of lots
across our 2022 in-room livestream auction sales. Our team include a mix of skilled property professionals with a combined 100+ years of experience in the
property industry. With their expertise and honest advice, they can guide you as to the most suitable method of sale for your circumstances. W... Show more
... Show more

Sold nearby

Auction House Scotland - Scotland recently sold these properties in your search area.

Auction House Scotland - Scotland
Auction House Scotland - Scotland
Building 3, 42-46 Munro Place Anniesland, Glasgow G13 2UP
0141 376 7959
Flat 1/1, 17 Drumreoch Place, Glasgow
Auction House Scotland - Scotland
£69,000Guide price
Flat
2
Flat 1/1, 17 Drumreoch Place, Glasgow
Auction House Scotland - Scotland
Auction House Scotland - Scotland
Building 3, 42-46 Munro Place Anniesland, Glasgow G13 2UP
0141 376 7959

See more properties like this

*Disclaimer and call rate information...