One-bedroom flat with tenant in situ

Prime Property Auctions New Entry. Large one-bedroom flat sold with the tenant in situ, sure to appeal to landlords and investors looking for an affordable investment property in Southside Glasgow. The property comprises an entrance hallway, a large living room, a fantastically sized dining kitchen, one bedroom, and a bathroom. Further benefits include gas central heating, double glazing, and garden areas to the front and rear. The property is currently tenanted at £395 per calendar month with a long-standing tenant, generating an annual income of £4,740. Market rent is estimated at £650 to £750 per calendar month, offering excellent rental growth potential and a gross rental yield potential of 11.4% to 12.8% if achieved at the guide price. There is strong sales evidence in the area and super potential for both capital and rental growth. Barlogan Avenue is situated close to Glasgow Clyde College, across the river from the city centre. Positioned perfectly to benefit from the vibrant culture of Glasgow city centre whilst being close to local amenities such as public transport routes and Braehead shopping centre. There are a number of country parks in the vicinity, and the location is well placed for the M8 motorway, giving access throughout central Scotland. There is also a large exposure to superstores, making it convenient for tenants.