1 bedroom flat for sale

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1 bedroom flat for sale

Flat 2/2, 198 Newlands Road, Glasgow
£35,000

Price History

Initial price £42,000
30/08/24 £35,000
Price Change -16.67%

Description

This one-bedroom, second-floor flat in Cathcart, Glasgow's southside, is an excellent buy-to-let opportunity with a tenant in situ. The property features a communal entrance hall, reception hall, lounge, fitted kitchen, bedroom, bathroom, and WC, with electric heating and large sash and case windows that bring in plenty of natural light. The flat is currently rented at £385 per month, generating £4,620 per year, which represents a 13% yield based on the guide price. With a substantial discount against the Home Report value of £60,000, this property offers a great investment opportunity. The area of Cathcart is popular for its range of amenities and transport links, including Cathcart Train Station, and is close to other amenities in Shawlands, Cathcart, Battlefield, and Strathbungo.