>
2 bedroom flat for sale
Flat 3/1, 1314 Gallowgate, Glasgow, G31 4DR
£27,000
Flat 3/1, 1314 Gallowgate, Glasgow, G31 4DR
£27,000
Our Summary
- Exciting refurbishment opportunity We are delighted to present to auction this exciting refurbishment property in the popular Parkhead area to the east of Glasgow city centre
- A full programme of refurbishment, including common roof works of approximately £2500, is required which is reflected in the competitive guide price, and offers a great opportunity to add significant value through works
Description
This exciting refurbishment opportunity is a top-floor flat in a traditional tenement block in the popular Parkhead area of Glasgow. The property needs a full programme of refurbishment, including common roof works, which is reflected in the competitive guide price. The flat has a lounge, one bedroom (currently partitioned into two smaller bedrooms), kitchen, and bathroom, and offers electric heating. The property also has a shared garden area to the rear. Once refurbished, it is expected to generate rental income of at least £8,317 per annum, although the strong rental market could potentially generate greater levels of income. The property is located near retail and leisure options, train stations, and frequent bus services, making it an attractive investment opportunity.