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Flat 2/1, 8 McNair Street, Glasgow 1 bed flat for sale
Flat 1/1, 8 McNair Street, Glasgow
£27,500
Flat 1/1, 8 McNair Street, Glasgow
£27,500
Our Summary
- Part of a portfolio of four flats This fantastic refurbishment project enjoys popular location in the Shettleston area, approximately five miles east of Glasgow city centre
- The property requires a full programme of refurbishment, both internally and in common areas, which is reflected in the competitive guide price and offers a great opportunity to add value through works
- On completion of works, the published LHA rate offers an attractive potential rental income of £8,317 per annum, with strong rental demand suggesting that rental income above this level may be achievable
Description
This fantastic refurbishment project is a first-floor flat located in the Shettleston area of Glasgow, approximately five miles east of the city centre. The property, which requires a full refurbishment, offers a great opportunity to add value through works. With a competitive guide price, the property has the potential to generate a strong rental income, with the published LHA rate being £8,317 per annum. The flat is situated in a block of four flats, with the option to purchase individual units or the entire portfolio. The area offers excellent transport links, local amenities, schools, parks, and retail options, making it an ideal location for commuting tenants. The property is being sold with the understanding that no tests have been made of services, equipment, or fittings, and no warranty is given or implied as to the condition of the buildings, services, fixtures, and fittings.