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1 bedroom flat for sale
105, Allison Street, Flat 1-3, Glasgow South, G428NE
£54,000
105, Allison Street, Flat 1-3, Glasgow South, G428NE
£54,000
Price History
Initial price | £56,000 |
07/09/24 | £67,000 |
13/09/24 | £54,000 |
Price Change | -3.57% |
Description
This property is a first-floor flat located in the sought-after Queens Park area of Glasgow's Southside, offering an immediate income-producing investment opportunity. The property is currently tenanted with a settled long-term tenant paying £450 per month (£5,400 per annum), and has the potential to increase income and yield with a realistic rental price of £850 per month (£10,200 per annum). The property is situated close to Shawlands and Queens Park train station, providing easy access to Glasgow City Centre, and is surrounded by local amenities, leisure facilities, and trendy bars, restaurants, and shopping. With a low rent for the area and a massive tenant base, this property presents a unique investment opportunity in a popular and vibrant community.