Back to Future Property Auctions
Two Bedroom Top Floor Flat
Glasgow, G51 - Get Access
2 bed
1 bath
Description
Two Bedroom Upper Floor Flat rented at £640 per month. Popular residential area on the south side of Glasgow. Mears Residential Investment Property. RICS Home Report valuation = £100,000.
Traditional blonde sandstone tenement. Comprises - Entrance Hallway, Two Bedrooms, Living Room, Kitchen and Bathroom. Features - Storage space. On street parking and communal garden grounds.
Mears Residential Investment Property with tenant in place. SUPER INVESTMENT PROPERTY IN POPULAR RESIDENTIAL LOCATION. Southside of Glasgow property with settled tenant paying £640 per month.
Sales Evidence - 37 Summertown Road, Flat 2-2, Glasgow, G51 2QA sold for £115,000 (August 2024). 33 Summerton Road, Flat 0-1, Glasgow G51 2QA sold for £136,051 (April 2024).
Surrounded by a variety of popular local amenities. The property is located just 0.2 miles from Ibrox Underground Station, offering excellent transport connectivity. Freehold Sale.
Mears Residential Investment Property with tenant in place. Traditional sandstone Two Bedroom Top Floor Flat rented at £640 pcm (£7,680 per annum). Popular residential area on the south side of Glasgow near to Glasgow city centre.
RENTAL AGREEMENT - RENTED AT £640 PER MONTH. Tenanted through Mears Housing Plc. (Mears provide and manage 17,000 homes for local and central Government and are also responsible for keeping 750,000 social housing homes in the UK in good repair).
Traditional blonde sandstone tenement. Comprises - Entrance Hallway, Two Bedrooms, Living Room, Kitchen and Bathroom. Features - Storage space, On street parking and communal garden grounds.
Mears Residential Investment Property with tenant in place.
Positioned on a well-connected street lined with attractive blonde sandstone tenements and modern apartment blocks, the area benefits from easy access to Glasgow City Centre.
The building, believed to date back to the early 1900s, is entered via a secure door. Externally, there is an enclosed communal area to the rear, featuring refuse storage facilities.
The property is situated approximately two miles west of Glasgow City Centre. The area benefits from Ibrox Subway Station and excellent road links which allow easy access to the Central Belt motorway network. Day-to-day shops, bars and restaurants are located on Paisley Road itself whilst the SSE Hydro, SECC, BBC, STV Studios, Springfield Quay and the popular Finnieston district are all within walking distance.
Within minutes of leaving Summertown Road, residents can access an extensive range of amenities, including bakeries, shops, supermarkets, cafes, bars, and restaurants. Additionally, the renowned Bellahouston Park is just over 1 mile away. Public transport options are readily available, with several bus routes operating along Govan Road.
Tenancy Details:
Type of Agreement: Basic Lease
Length: Annual
Rent: £7,680 per year / £640 per month
Yield: 10% (approx)
Tenant: Private Individual
Notes: Mears Tenant - rented at £640 per month with Mears Housing Tenancy. Local properties are a mixture of private and local authority housing.
Maps & Location:
Summerton Road is superbly located for everyday convenience, with local shops, cafés, bars and restaurants all nearby. Larger facilities such as the Asda Govan Superstore and Lidl Supermarkets are within easy reach, and excellent transport links are provided by Ibrox Subway Station which is a stone through away, regular bus services, and road connections via the Clyde Tunnel and the M8 motorway. Bellahouston Park is just around the corner and the Queen Elizabeth University Hospital is also close at hand, making this a well-connected and desirable location. There is easy access to the southwest and City Centre of Glasgow. The property is ideally positioned for access to a selection of highly regarded local schools, including Lorne Street Primary School, Ibrox Primary School, Bellahouston Academy and Lourdes Secondary School. The local area is exceptionally well connected, making it an ideal base for commuters. Regular Bus services run directly along Paisley Road West providing quick and frequent links into Glasgow City Centre, Paisley and surrounding districts.
Comparable sales
No comparables available.
Estimated market value
£
Range:
£
—
£
High confidence
Floor Area Estimated: 650 sq ft
Unlock the full valuation
- Exact estimated value and full value range
- Detailed written analysis of how we reached this estimate