Newlands Road 2/2, Glasgow G44 1 bed flat for sale

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Newlands Road 2/2, Glasgow G44 1 bed flat for sale

Newlands Road 2/2, Glasgow G44
£45,000

Price History

Initial price £50,000
18/10/24 £47,500
15/11/24 £50,000
04/02/25 £45,000
Price Change -10.00%

Description

Prime Property Auctions presents a desirable investment opportunity in Glasgow, a vacant 1-bedroom flat in an easy-to-let area. The property is located near local amenities, schools, and public transport, making it an attractive option for shrewd investors. With a guide price of £50,000, the property has the potential to achieve a high yield of 18-19.2% based on rental income of £7,500-£8,000 per month. The property comprises an entrance hall, living room, kitchen, bedroom, bathroom, and ample storage. With sales evidence of similar properties in the area selling for £60,000 and £52,765, this investment opportunity is sure to appeal to those looking for a turnkey investment with excellent capital growth potential. The property will feature in an upcoming timed online auction, and interested bidders must have a bidding account created to participate.