Lenzie Street, Glasgow G21 2 bed apartment for sale

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Lenzie Street, Glasgow G21 2 bed apartment for sale

Lenzie Street, Glasgow G21
£105,000

Our Summary

  • With a contemporary design, it is ready to move into and offers massive potential for customisation
  • Utilising the property as serviced accommodation could generate an impressive £145 per night based on local comparables, equating to a potential annual income of £37,047 based on a 70% occupancy rate, subject to the necessary licences and information
  • This property is offered at a fantastic price to ensure an Auction sale
  • The property will feature in our upcoming timed online auction
  • To participate in the live auction, you must have a bidding account created

Description

This prime new listing is a vacant 2-bedroom flat located in a sought-after area of Glasgow. The property is in walk-in condition and features a contemporary design, making it ideal for a first-time buyer, professional, or small family. With a guide price of £165,000, the property has massive potential for customization and could achieve a rental income of £900-£1,000 per month, generating £10,800-£12,000 per annum. Additionally, it could be used as serviced accommodation, generating an impressive £145 per night, or £37,047 per annum based on a 70% occupancy rate. The property is being offered at a fantastic discount to ensure a sale, with excellent sales evidence in the area, including nearby properties selling for £173,487, £196,000, and £210,000. The property will feature in an upcoming timed online auction, with the opportunity to participate in the live auction by creating a bidding account.