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3 bedroom apartment for sale
Flat 2/2, 250 Paisley Road West, Glasgow, G51 1BS
£165,000
Flat 2/2, 250 Paisley Road West, Glasgow, G51 1BS
£165,000
Our Summary
- Situated in a fantastic area, this property offers great local amenities and excellent transport links, making it an outstanding buy for savvy investors looking for substantial capital growth and rental potential
- 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 3-bed second-floor flat located in a fantastic area of Glasgow, offering great local amenities and excellent transport links. The property has the potential to generate a substantial rental income of £20,400 to £21,600 per annum, offering a fantastic yield of 12% to 13% based on the guide price. As serviced accommodation, it could attract a remarkable £180 per night, potentially generating £45,990 per annum based on a 70% occupancy rate. With a fantastic discount to ensure a sale, this property is an outstanding buy for savvy investors looking for substantial capital growth and rental potential. The area has a proven track record of sales, with similar properties selling for £255,000, £289,995, and £245,713 in recent years. The property will feature in an upcoming timed online auction, and interested buyers can create a bidding account to participate.