1 bedroom flat for sale

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1 bedroom flat for sale

9 Lenzie Way, Glasgow, G21 3TB
£35,000

Price History

Initial price £45,000
18/02/25 £35,000
Price Change -22.22%

Description

This prime 1-bedroom flat near Glasgow city centre has been newly listed for auction. With a Home Report value of £55,000, it has already sold for £80,000 in September 2024 and other similar properties in the area have sold for £69,000 and £62,500. The property is in a walk-in condition and has potential for capital growth. It could attract a monthly rental of £650-£700, generating an excellent gross income of £7,800-£8,400 per annum, with a fantastic yield of 17.3-18.6%. The property is being sold with a special condition of sale, requiring a contribution of £2,000 towards the seller's legal costs. This is a rare opportunity for investors or homeowners looking for a great capital growth opportunity or a high cash-flowing property in an easy rental location.