Flat 1/2, 8 McNair Street, Glasgow 2 bed flat for sale

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Flat 1/2, 8 McNair Street, Glasgow 2 bed flat for sale

Flat 1/2, 8 McNair Street, Glasgow
£36,500

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 £10,172 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 popular Shettleston area, approximately five miles east of Glasgow city centre. The property requires a full refurbishment, both internally and in common areas, which offers a great opportunity to add value through works. With a competitive guide price, the property has the potential to generate an attractive rental income of £10,172 per annum, with strong rental demand suggesting that income above this level may be achievable. The property is located in a convenient east end location, with excellent transport links, local amenities, schools, parks, and retail options all within easy reach. The property is being offered as part of a portfolio with three other flats in the same block, but the sale of individual units may be considered. Early viewing is essential to fully appreciate the outstanding value on offer.