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Flat 2/2, Lorne Street, Glasgow G51 2 bed apartment for sale
Flat 2/2, Lorne Street, Glasgow G51
£155,000
Flat 2/2, Lorne Street, Glasgow G51
£155,000
Our Summary
- * The property currently achieves £1,700 per month, equating to £20,400 per year, resulting in a fantastic 15% yield if bought for the guide price, presenting an incredible investment opportunity
- Located in a sought-after area, this flat is ideal for investors looking to acquire a property with immediate rental income and potential for considerable capital and rental growth
- The property currently achieves £1,700 per month, equating to £20,400 per year, resulting in a fantastic 15% yield if bought for the guide price, presenting an incredible investment opportunity
- 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 2-bedroom tenanted second-floor flat located in a sought-after area of Glasgow. The property is in walk-in condition, requiring no repairs, and benefits from immediate cash flow, local amenities, and excellent transport links. The current rent of £1,700 per month equates to £20,400 per year, offering a fantastic 15% yield if bought for the guide price. With sales evidence in the area showing similar properties selling for £255,000, £175,000, and £207,500, this flat presents an incredible investment opportunity with potential for considerable capital and rental growth. The property is being offered at a fantastic discount to ensure a sale, making it an attractive option for investors looking to acquire a property with immediate rental income and potential for upside potential.