- Buy-To-Let Investment
- Tenanted Property
- Fully Compliant
- 2 Double Bedrooms
- Home Report £175K
- Price Includes Inventory Items
- Estimated Yield 6%
Tenanted 2 bedroom investment property near to the heart of Glasgow's thriving Merchant City. The property is located on the 1st floor of a modern development and comprises a hallway with great storage and quality flooring continuing into a fabulous bright and spacious open plan lounge/dining room area with a modern kitchen with appliances including a new freezer area. There are two large double bedrooms and a bathroom. The property was fully decorated in 2020 and also had a new boiler installed the same year. The property further benefits from private parking space, central location, double glazing, gas central heating, and being 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 tenant has been resident since March 2020 providing rental income on day 1 of purchase. The current tenancy generates an annual rental income of £10,080. The property is sold as seen and the sale price includes all the inventory items. The property is factored by Speirs Gumley for approximately £100 per month. The Home Report value is £175K.
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.