3 bed Flat (for sale) 385, Sauchiehall Street, Flat 1-1, Glasgow City Centre G23Hu G2

£400,000
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Future Property Auctions
241 Kilmarnock Road, Glasgow
0141 376 8805
First Published

28th Jul 2021

Last Published

13th Sep 2021

 

Features

  • Type: Flat
  • Bedrooms: 3
  • Listing status: sale
  • Country: Scotland

Description

** sale by auction - 16 September 2021 **
Deadline for Offers .

**prime city centre apartment** Modern, First Floor 3 bedroom HMO property located in the heart of Sauchiehall Street. Immediate income producing investment with rental income of £18,000 per annum. Fully refurbished first floor property with Gas Central Heating, Double Glazing and Secure Entry system. Large open plan kitchen/ lounge/ diner, modern bathroom and 3 large double bedrooms. Perefct purchase for investor with immediate income of £18,000 per annum and potential to increase rent in line with current market conditions to a realistic level of £24,000 per annum within high demand location. Extremely high yielding potential for airbnb/ short-term rental. Super location with realistic potential income of over £120,000 per annum (based on £50 per bed per night and 80% annual occupancy)- conservative figures. Excellent rental location for long-and short-term owing to excellent proximity to city centre amenities, transport links and location for Universities and colleges. 100% prime investment property

Glasgow City Centre location close to strathclyde university, caledonian uni & recently redeveloped city of glasgow college has recently been redeveloped into an up-market residential, leisure and shopping area with a number of popular bars and restaurants serving the diverse residential population. Rare opportunity to buy prime property in glasgow city centre.

Auction Details
16 September 2021,3pm
Deadline for Offers, Deadline for Offers

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Local info for G2

 

Property Value Data/Graphs for G2

Property Type % Avg. current value Avg. # beds Avg. # bathrooms
Flat 91.3% £154,309 1.6 1.2
Studio 8.7% £73,500 0 1

Area Information

Average Price Paid

£171,259

Sales

418

Current Average Value

£147,282

Value Change

£23,977 16.3%

 

Current Asking Prices in G2 Average: £147,282

Property Type 1 Bed 2 Beds 3 Beds 4 Beds 5 Beds
Houses - - - - -
Flats £117,100 (10) £189,950 (10) £169,995 (1) - -
All £117,100 (10) £189,950 (10) £169,995 (1) - -

Nearby Properties

6 bed Detached house () Old Bothwell Road, Bothwell, Glasgow G71 £1,900,000
5 bed Town house () Clairmont Gardens, Park District, Glasgow G3 £1,650,000
6 bed Town house () Princes Terrace, Dowanhill, Glasgow G12 £1,500,000
0 bed Land () Old Bothwell Road, Bothwell, Glasgow G71 £1,300,000
5 bed () Athole Gardens, Glasgow G12 £1,250,000
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