1 bedroom flat for sale

>

1 bedroom flat for sale

Calder Street, Glasgow G42
£65,000

Price History

Initial price £75,000
15/11/24 £65,000
Price Change -13.33%

Description

This large 1-bedroom flat in Govanhill, Glasgow, is a potentially high-yielding opportunity for investors. The property has the potential to generate an impressive monthly income of £850-£950, with an annual income of £10,200-£12,000, giving a gross yield of 15.7%-18.5%. The property is currently tenanted at a low rent of £395 per month, providing an annual income of £4,740 or a gross yield of 7.2% based on a guide price of £65,000. The property comprises an entrance hallway, living room, kitchen, bathroom, bedroom, and box room. With similar properties in the area selling for higher prices, this is a fantastic opportunity for investors to get a high-yielding property at a great price. The property is located in a vibrant and culturally diverse neighborhood with a mix of traditional charm and modern amenities.