7 Clachan Drive, Glasgow G51 1 bed flat for sale

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7 Clachan Drive, Glasgow G51 1 bed flat for sale

7 Clachan Drive, Glasgow G51
£55,000

Our Summary

  • *1 L, Landlands Court, Glasgow, G51 3PZ sold for £123,000 in June 2022, 22 0/1, Burghead Place, Glasgow, G51 4JS sold for £110,150 in March 2023* *HUGE POTENTIAL YIELD* Property could command a gross annual return of £9,000 - £10,200, providing an attractive yield of 12% - 13
  • Excellent Tenanted Investment Opportunity for a Spacious 1 Bedroom Apartment Located in the sought after buy to let location of Govan
  • *HUGE POTENTIAL YIELD OF 13
  • Property currently provides an annual income of £4,320 and has the potential to provide a gross yield of 12% - 13
  • Property is due for our upcoming Timed online auction
  • Seller will consider offers prior to auction
  • ***HUGE POTENTIAL YIELD*** Property could command a gross annual return of £9,000 - £10,200, providing an attractive yield of 12% - 13
  • *HUGE POTENTIAL YIELD* Property could command a gross annual return of £9,000 - £10,200, providing an attractive yield of 12% - 13

Description

This 1-bedroom tenanted flat in Govan, Glasgow, offers a huge potential yield of 12% - 13.6% based on a guide price of £75,000. The property is located in a sought-after buy-to-let location, close to local amenities, shops, and transport links, making it an easily lettable property. The flat is currently tenanted at a rent of £360 PCM, providing a gross annual income of £4,320, and has the potential to achieve a rental value of £750-£850 PCM, providing a gross annual income of £9,000-£10,200. With a Home Report valuation of £80,000, this property is an excellent buy-to-let opportunity for investors and landlords, offering a prime location and impressive potential return.
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