£42,000

1 bed flat for sale

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Auction
Freehold

Guide price

£42,000

1 bed flat for sale

Flat 2/2, 198 Newlands Road, Glasgow G44

1 bed
1 bath
1 reception
EPC rating: E

Key Information

Tenure:
Freehold
Council tax band:
B

Local area information

Property location

Nearby amenities

  • Newlands Junior College Limited 0.2 miles
  • Cathcart 0.2 miles
  • St Fillan's Primary School & Nursery Class 0.4 miles
  • Langside 0.5 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
  • Tenanted one bedroom flat
  • Highly sought-after Glasgow Southside location
  • Immediate income stream
  • £18,000 discount against Home Report value
  • Fantastic buy-to-let opportunity with yield of 11% at Guide Price
Tenanted one bedroom flat

Excellent opportunity to acquire this one bedroom, second floor btl tenement flat with tenant in situ, well located in Glasgow’s southside area of Cathcart.

Accommodation comprises communal entrance hall, reception hall, lounge, fitted kitchen, bathroom, toilet, and bedroom. The flat features electric heating and large sash and case windows which bring lots of natural daylight into the flat. The flat is currently rented at £385pcm, bringing £4,620 per year, which would be 11% yield based on Guide Price. There is a substantial discount against the Home Report value of £60,000.

Cathcart is a popular area in Glasgow's Southside with a range of amenities and transport links nearby, including Cathcart Train Station, which is less than a five minute walk away, Grain and Grind cafe and Zucchini. Access to amenities elsewhere can be found at Shawlands, Cathcart, Battlefield and Strathbungo which are in close proximity.
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.

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Floor plan 1

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  1. Zoopla
  2. For sale
  3. Glasgow
  4. East Renfrewshire
  5. Newlands Road

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