>
Hawthorn Terrace, Glasgow G75 2 bed apartment for sale
Hawthorn Terrace, Glasgow G75
£55,000
Hawthorn Terrace, Glasgow G75
£55,000
Our Summary
- FOR SALE BY ONLINE AUCTION WEDNESDAY 29TH JANUARY 2025 AT 9
- *A FANTASTIC OPPORTUNITY TO PURCHASE A SPACIOUS AND WELL LOCATED 2 BEDROOM FLAT IN THE POPULAR AREA OF EAST KILBRIDE*HIGH 14% YIELD BASED ON GUIDE PRICE (POTENTIAL END MARKET RENTAL VALUE OF £7800 PER ANNUM)*IDEAL TURNKEY BUY-TO-LET INVESTMENT**HIGH POTENTIAL YIELD* The potential value rent per month is £650 per month
- *IDEAL INVESTMENT OPPORTUNITY* With its prime location and spacious layout, this flat is an excellent investment opportunity for buy-to-let investors, offering strong rental potential
- *RECENT NEARBY RESIDENTIAL SALES** 75, Hawthorn Terrace, East Kilbride, G75 9EE (3 bedroom) (May'24) - SOLD FOR £130k* 57, Hawthorn Terrace, East Kilbride, G75 9EE (3 bedroom) (Jul'24) - SOLD FOR £108K* 74, Hawthorn Terrace, East Kilbride, G75 9EE (Feb'24) - SOLD FOR £98K*MUST BE SOLD AT AUCTION*Great opportunity to acquire a vacant two bedroom flat in popular location within East Kilbride*East Kilbride has a population of approximately 75,000*Excellent Transport Links to Glasgow and ideal commuter location*This area is popular with families and investors with there being local primary & secondary schools & bus routes to the Town Centre
Description
This spacious 2-bedroom flat in East Kilbride is a fantastic opportunity for a buy-to-let investor or a first-time buyer. With a guide price of £55,000, the property offers a high 14% yield based on its potential end-market rental value of £7,800 per annum. The flat has a total internal floor area of approximately 76 square meters, featuring a bright and airy lounge, two good-sized bedrooms, and a well-equipped kitchen. The property is located in a quiet residential area, close to local amenities, shops, cafes, and parks, and benefits from excellent transport connections, including nearby bus stops and East Kilbride Train Station. Additionally, the flat has off-street parking, making it an ideal investment opportunity. Recent nearby residential sales suggest that the property is priced competitively, and the vendor is motivated to sell. The property is vacant and ready for immediate occupancy, allowing for a quick and easy move-in process or rental setup.