2 bedrooms
448 Ballater Street, Glasgow, G5 0QW
***ONLINE AUCTION***
Brighton & Beck Property Group are proud to offer to Online Auction this 2 Bedroom Second Floor Flat contained within a traditional sandstone building overlooking the Strathclyde Distillery in the popular New Gorbals area of Glasgow.
This fantastic property offers a unique layout with accommodation comprising entrance hallway, lounge, kitchen, 2 double bedrooms and shower room. The large bedroom to the rear benefits from an excellent addition of an en-suite shower room. There is a communal entrance and stairwell leading to all apartments contained within the building as well as access to the shared garden area with bin stores to the rear. Specifications include gas central heating and double glazing throughout.
Internally the property requires modernisation and upgrading throughout but offers exceptional potential for development. This truly is an ideal opportunity for a builder/developer seeking their next project or a buy to let investor seeking a high yielding property in an area of huge rental demand.
The Greater Glasgow LHA Rate for a 2 bedroom property stands at £648 PCM (£7,7769 per annum) presenting an outstanding 26% potential rental yield!
COMPARABLE SALES
466 Ballater Street, Glasgow, G5 0QW- Sold for £60,000 on 27/03/2018 (2 Bedroom Flat)
438 Ballater Street, Glasgow, G5 0QW- Sold for £39,000 on 27/06/2018 (1 Bedroom Flat)
Ideally located in The New Gorbals area of Glasgow, the property is position in a very up-and- coming location with close proximity to the City Centre and Southside. Locally, there is a wealth of amenities including a large Co-Op, library and a Glasgow Club Leisure Centre. The city centre is only a mile away with high street shopping, bars and restaurants, and public transportation options aplenty. The property is also very well placed accessing the motorway and for the City of Glasgow College Riverside Campus and handy for Strathclyde University and the beautiful Glasgow Green.
Viewings: In order to View the property please register at www.brightonandbeck.co.uk where you will be able to place your viewing request against any properties than you are interested in.
Features
- Home Report £45000,Incredible 33% discount from Home Report,Outstanding 26% potential Rental Yield,Second Floor Flat,Spacious accommodation,Huge potential ,En-suite,Walking distance from Glasgow Green
Location
DON'T GET HAMMERED AT AUCTION. BUY FROM SOMEONE YOU CAN TRUST.... BRIGHTON & BECK
Important Note
The latest published guide price is shown on the website. The reserve price is the minimum price at which the property can be sold. The guide price given is the minimum price at which the seller might be prepared to sell on the date on which the guide price is published. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. All guide prices are quoted "subject to contract". The reserve price may be greater than the previously quoted guide price. The guide price will be published online immediately it becomes available. Lots may be sold or withdrawn prior to auction. Auction properties are subject to a buyer’s premium of a minimum £4,000+VAT (£4,800) and Estate Agency properties are subject to a buyer’s premium of a minimum £1,500+VAT (£1,750). Any commercial sales are subject to a buyers premium of a minimum £5,000+VAT (£6,000) or 3%+VAT (Whichever is the greater). Each property listing provides the individual Buyers Premium, but for more Information on a properties Buyers Premium and any other related fees please feel free to speak to a member of the team.