7 Clachan Drive, Glasgow G51 1 bed flat for sale

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7 Clachan Drive, Glasgow G51 1 bed flat for sale

7 Clachan Drive, Glasgow G51
£80,000

Our Summary

  • *1 L, Landlands Court, Glasgow, G51 3PZ sold for £123,000 in June 2022, 22 0/1, Burghead Place, Glasgow, G51 4JS sold for £110,150 in March 2023* *HUGE POTENTIAL YIELD* Property could command a gross annual return of £9,000 - £10,200, providing an attractive yield of 12% - 13
  • Excellent Tenanted Investment Opportunity for a Spacious 1 Bedroom Apartment Located in the sought after buy to let location of Govan
  • *HUGE POTENTIAL YIELD OF 13
  • Property currently provides an annual income of £4,320 and has the potential to provide a gross yield of 12% - 13
  • Property is due for our upcoming Timed online auction
  • Seller will consider offers prior to auction
  • *HUGE POTENTIAL YIELD* Property could command a gross annual return of £9,000 - £10,200, providing an attractive yield of 12% - 13

Description

This prime property auction is offering a spacious 1-bedroom tenanted flat in the sought-after buy-to-let location of Govan, Glasgow. The property is currently tenanted at a rent of £360 PCM, providing a gross annual income of £4,320, and has the potential to achieve a rental value of £750-£850 per calendar month, giving a gross annual income of £9,000-£10,200. With a guide price of £75,000, the property offers a huge potential yield of 12%-13.6%, making it an attractive opportunity for shrewd investors. The property is located close to local amenities, shops, and transport links, making it easily lettable. The seller is open to offers prior to auction, and the property is available for immediate sale.