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Drumtrocher Street, Glasgow G65 2 bed flat for sale

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Drumtrocher Street, Glasgow G65 2 bed flat for sale

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

This vacant 2-bedroom flat in Glasgow is an excellent buy-to-rent, buy-to-let, and refurbishment opportunity. With a guide price of £100,000, it has the potential to generate an annual income of £9,600 to £10,200, offering a gross yield of 14.7% to 15.6%. The property is located in a prime area, with excellent sales evidence in the surrounding streets, and has the potential to be converted into serviced accommodation, offering a further income stream. The property itself is in good condition, with a welcoming hallway, bright living room, well-equipped kitchen, two spacious bedrooms, and a modern shower room. With its high-yielding potential and promising rental market, this property is sure to appeal to shrewd investors seeking a high-yielding opportunity with significant capital growth potential.