Description
***PORTFOLIO SALE*** Lower cottage flat situated in popular rental location - READY LET TO LONG TERM TENANT at £575pcm (self managed) - FULLY COMPLIANT £6,900 per annum with scope to increase rent.
This property is being sold with 5 Newcroft Drive, Croftfoot. This property is also let at £575pcm.
Combined purchase price - £190,000
Combined Rental - £1150pcm | £13,800per annum (Scope to increase rent)
Property comprises; Entrance Hallway, Lounge, Kitchen, Bedrooms and family bathroom. The property benefits from Garden space and ample storage.
The property is being sold with tenant in situ and therefore will ideally suit investors. Currently achieving a yield of just over 7% however with market rent the property can comfortable achieve 9 - 10% yield.
Croftfoot is a charming residential neighbourhood nestled in the heart of Glasgow. Known for its excellent south side location and family-friendly atmosphere, Croftfoot offers an ideal setting for individuals who appreciate the proximity to Glasgow's commercial hubs but also enjoy the benefits of suburban living.
Auction Details
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Timezone: Europe/London
Timezone: Europe/London
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