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Lenzie Street, Glasgow G21 2 bed apartment for sale
78 Lenzie Street Flat 0/1, Glasgow, G21 3UA
£115,000
78 Lenzie Street Flat 0/1, Glasgow, G21 3UA
£115,000
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 offers a contemporary design with massive potential for customization. It's ideal for a first-time buyer, professional, or small family. The property could generate a rental income of £10,800 to £12,000 per annum, yielding a remarkable return of 10% to 12% if purchased at the guide price. Alternatively, it could be used as serviced accommodation, generating a potential annual income of £37,047 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. It's a great opportunity for anyone looking for a straightforward purchase with excellent upside potential.