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205 Albion Street,
Glasgow, G1

Fixed price£220,000
Bedrooms:2Bathrooms:2Public Rooms:1
Estimated Yield:6%Tenanted:Yes

Overview

  • Market Rent: £1100
  • Current Rent: £1000
  • Floor Area: 77m²
  • Furnished
  • Style: Modern
  • Floor: 4th floor
  • EPC Rating: B

Features

  • Buy-To-Let Investment
  • Tenanted & Fully Compliant
  • Instant Rental Income
  • Price Includes Inventory Items
  • Yield 6%
  • Home Report £225K

Description

Tenanted 2 bedroom investment property in Glasgow's Merchant City. This 4th-floor property is located within a modern building and provides secure entry, lift access, and a central location. The property comprises a hallway, open plan kitchen living room, 2 double bedrooms, main bedroom with ensuite, bathroom with plumbed shower. The property benefits from gas central heating, double glazing, and is fully compliant for the rental market. 
 
The property is being sold with the tenants in situ as a buy-to-let investment property. The property is fully compliant and the long-term sitting tenant has been resident since August 2018 providing rental income on day 1 of purchase. The current tenancy generates an annual rental income of £12,000. The property is sold as seen and the sale price includes all the inventory items. The communal areas are managed by Speirs Gumley at an approximate cost of £85 per month. The Home Report value is £225K. EWS1 form available on request. 
 
The Merchant City is a historic district in the East end of Glasgow. The area has an exceptional array of local amenities including shopping, restaurants, bar, and leisure. Transport links are immediately accessible via bus and by rail at Glasgow Queen Street, Central Station, and the bus network operating across the city. The property is also well placed for easy access to the M8 motorway. 

EPC rating: B.

Documents

PDF
Floorplan
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PDF
EPC Certificate
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