Features
- Buy-to-let Investment
- Tenanted & Fully Compliant
- 1 Bedroom
- Home Report £70K
- Current Rental £650pm
- Current Yield 12%
- EPC Rating: C
- 39 sq m
- Unfurnished Let
- No Buyer Fees
Description
Tenanted 1 bedroom buy-to-let investment in the Bridgeton area of Glasgow. This first floor property investment is located within a traditional tenement with the accommodation comprising an entrance hall, bay window living room, kitchen, double bedroom with built-in wardrobe, and bathroom. The property benefits from 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 July 2023 providing rental income on day 1 of purchase. The current tenancy generates an annual rental income of £7,800 representing an immediate yield of 12%. The property is sold as seen and the sale price includes all the inventory items. The Home Report value is £70K.
Situated less than 2 miles east of central Glasgow, with rail connections taking just 5 minutes, Bridgeton is a popular choice for those working in the city. The urban neighbourhood is hugged by the riverside Glasgow Green, a 55-hectare public park boasting walkways, a play village, an orienteering course, and a history museum, as well as hosting major events such as the TRNSMT music festival. The Celtic Park football stadium lies to the west of the area, with Ibrox located less than four miles away. Bridgeton is served by an electric array of independent shops, well-known convenience stores, and a supermarket. Other local amenities include a post office, pharmacies, medical centres, a library, and a community centre offering a range of classes and activities for all ages. The area provides two primary schools, while nearby secondary school options include St Mungo’s Academy and Whitehill Secondary. For those studying at a higher level, Glasgow promises a fantastic selection of institutions. Bridgeton lies within easy reach of the motorway network for swift commuting across the Central Belt, and Glasgow International Airport can be reached in just 20 minutes by car.