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3 Bed Flat, Single Let, Glasgow, G44 5RH £95,000

15 Bencroft Drive, Croftfoot, G44 5RH, Glasgow - 8 views - 2 years ago
  1. Deal Search
  2. Glasgow
  3. G44
  4. G44 5RH
BTL
ROI: 11%
68 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Property History

Listed for £95,000

September 5, 2023

Description

*PORTFOLIO SALE* Lower cottage flat situated in popular rental location - READY LET TO LONG TERM TENANT at £575pcm (self managed) - FULLY COMPLIANT £6,900 per annum with scope to increase rent.

This property is being sold with 5 Newcroft Drive, Croftfoot. This property is also let at £575pcm.

Combined purchase price - £190,000

Combined Rental - £1150pcm | £13,800per annum (Scope to increase rent)

Property comprises; Entrance Hallway, Lounge, Kitchen, Bedrooms and family bathroom. The property benefits from Garden space and ample storage.

The property is being sold with tenant in situ and therefore will ideally suit investors. Currently achieving a yield of just over 7% however with market rent the property can comfortable achieve 9 - 10% yield.

Croftfoot is a charming residential neighbourhood nestled in the heart of Glasgow. Known for its excellent south side location and family-friendly atmosphere, Croftfoot offers an ideal setting for individuals who appreciate the proximity to Glasgow's commercial hubs but also enjoy the benefits of suburban living.

Agent Details

We Auction Property, Glasgow

0141 673 3938

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Cashflows

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