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2 bedroom flat for sale
29 Drumtrocher Street, Glasgow, G65 0LX
£75,000
29 Drumtrocher Street, Glasgow, G65 0LX
£75,000
Our Summary
- HOME REPORT of £100,000 **31a, Main Street, Kilsyth G65 0AH sold for £151,500 in Nov 2024; Flat 1, 61, Main Street, Kilsyth G65 0AH sold for £143,000 in Aug 2009** An excellent BRRR opportunity, with the potential to achieve between £800- £850 PCM, translating to an annual income ranging from £9,600 to £10,200
- Subject to necessary planning consents, this flat could be serviced accommodation, with local rates starting at approximately £130 per night
- An excellent BRRR opportunity, with the potential to achieve between £800- £850 PCM, translating to an annual income ranging from £9,600 to £10,200
- Subject to required permissions, this unit offers potential to convert from 2 bedrooms to 3
- Subject to necessary planning consents, this flat could be transformed into serviced accommodation, with local rates starting at approximately £130 per night
- 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
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Here is a summary of the property description in a single paragraph without a list:
This vacant 2-bedroom flat in Glasgow presents an excellent BRRR opportunity, with the potential to achieve between £800-£850 PCM, translating to an annual income ranging from £9,600 to £10,200. The property offers an exceptional gross yield of 14.7% to 15.6% based on the guide price, making it a high-yield investment. With the potential to convert from 2 bedrooms to 3, subject to required permissions, and the possibility of transforming it into serviced accommodation, this property offers significant capital growth potential. The property is being offered at a fantastic discount to ensure a sale, with excellent sales evidence in the area, including nearby properties selling for £151,500 and £143,000. The property will feature in an upcoming timed online auction, and interested buyers can participate by creating a bidding account.