Tenanted 2 bedroom buy-to-let property investment in Cambuslang. This ground floor property is located within a modern development with the accommodating comprising an entrance hall, open plan living room/kitchen, master bedroom with en-suite shower room, 2nd bedroom, utility cupboard, and bathroom with WC. The property benefits from gas central heating, double glazing, residents parking, and is fully compliant for the rental market.
The property is being sold with the tenants in situ as a buy-to-let investment property. The property is fully compliant and the tenant has been resident since February 2023 providing rental income on day 1 of purchase. The current tenancy generates an annual rental income of £7,680 representing an immediate yield of 8%. A future tenancy could generate an annual rental income of £10,800 and a yield of 11%. The property is sold as seen and the sale price includes all the inventory items. The Home Report value is £105K and the property has an EWS1. The factoring charge is approximately £250-£300 per quarter.
Cambuslang is located just south of the River Clyde and about six miles southeast of the centre of Glasgow. The property is approximately a 25 minutes drive from George Square or 20 minutes train journey from Kirkhill Station.
Agent Details
Portolio, Edinburgh
020 3907 3640
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