Barlogan Avenue flat 3/1, Glasgow G52 1 bed flat for sale

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Barlogan Avenue flat 3/1, Glasgow G52 1 bed flat for sale

3/1 87 Barlogan Avenue Glasgow G52 1AG
£40,000

Price History

Initial price £65,000
24/08/24 £70,000
18/11/24 £68,000
18/02/25 £40,000
Price Change -38.46%

Description

This is a large 1-bedroom flat in Southside Glasgow, currently tenanted at £395 per month with a long-standing tenant. The property has potential for rental growth, with a market rent of £650-£750, offering an annual income of £7,800-£8,700 and a gross rental yield of 11.4%-12.8%. The property has been sold with the tenant in situ and is being offered at a fantastic price to ensure an auction sale. The property benefits from gas central heating, double glazing, and garden areas to the front and rear. With some great sales evidence in the area and potential for capital growth, this is a great opportunity for landlords and investors looking for a turnkey investment opportunity.