198 Flat 3/3, Newlands Road, Cathcart, Glasgow, G44 4EY
- PROPERTY TYPE
Flat
- BEDROOMS
1
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- PRIME PROPERTY AUCTIONS NEW ENTRY. Good sized 1 bedroom, top floor flat located in the sought after southside location of Cathcart. 10.8% yield at Guide price of £75,000.
- *** 212 0/6, Newlands Road, Glasgow, Gla G44 4EY sold for £211,755 April 2022, 198 3/1, Newlands Road, Glasgow G44 4EY sold for £105,950 June 2021 ***
- Property is currently let at £675pcm. Sought after location with HIGH TENANT DEMAND. Sure to appeal to Investor looking for easily lettable flat
- Internally the property would benefit from some modernisation to amplify the rental potential and boost capital growth.
- Property is located in a fantastic location and is sure to appeal to buy to let landlords looking for an affordable property in the southside of Glasgow.
Description
- PRIME PROPERTY AUCTIONS NEW ENTRY. Good sized 1 bedroom, top floor flat located in the sought after southside location of Cathcart. 10.8% yield at Guide price of £75,000.
- *** 212 0/6, Newlands Road, Glasgow, Gla G44 4EY sold for £211,755 April 2022, 198 3/1, Newlands Road, Glasgow G44 4EY sold for £105,950 June 2021 ***
- Property is currently let at £675pcm. Sought after location with HIGH TENANT DEMAND. Sure to appeal to Investor looking for easily lettable flat
- Internally the property would benefit from some modernisation to amplify the rental potential and boost capital growth.
- Property is located in a fantastic location and is sure to appeal to buy to let landlords looking for an affordable property in the southside of Glasgow.
PRIME PROPERTY AUCTIONS NEW ENTRY. Good sized 1 bedroom, top floor flat located in the sought after southside location of Cathcart.
Property comprises: Entrance Hallway, Shower room, Double bedroom, living room with Kitchen. Property benefits from Gas Central Heating. There is a communal garden which and ample on street parking.
*** 212 0/6, Newlands Road, Glasgow, Gla G44 4EY sold for £211,755 April 2022, 198 3/1, Newlands Road, Glasgow G44 4EY sold for £105,950 June 2021 ***
The property has vast potential, but will require some upgrading in order to achieve the best rental value. Property is currently tenanted a £675 per calendar month. Once the property has been renovated the property would attract a rental of £750 - £850 per calendar month.
*** HIGH TENANT DEMAND. Sure to appeal to Investor looking for easily lettable flat***
Excellent chance to purchase an investment property in a desirable Southside location of Glasgow. Property has potential to generate an annual income of £8,340 - £9,000.
Property is due for our upcoming Timed online auction. For further details on how to register please contact the office. Property is available for immediate offers. Seller will consider offers prior to auction. For further details please contact our sales team.
Location
Cathcart and its neighbouring suburbs of Muirend, Shawlands and Langside provide a broad range of excellent shopping facilities, supermarkets, restaurants, bars and numerous recreational facilities. Silverburn Shopping Centre provides an extensive range of shops, restaurants and supermarkets. There are several golf courses in the area and a selection of local health clubs.
Linn Park is the second largest park in the city, with a variety of activities including an 18 hole golf course, children play areas and its extensive grounds offering woodland and river walks, Holmwood House, designed by one of Scotland's greatest Classical architects, Alexander 'Greek' Thomson (1817-1875) and is now maintained by the National Trust for Scotland. Pollok Country Park is also within easy reach.
The M77 provides commuter access to the City Centre, Glasgow Airport and, along with the Glasgow Southern Orbital, provides an excellent connection to the Central Scotland motorway network, as well as south towards Ayrshire and Prestwick Airport. The area is well served by regular train and bus services to the City Centre (4 miles) and to East Kilbride.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- On street
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
198 Flat 3/3, Newlands Road, Cathcart, Glasgow, G44 4EY
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About Prime Property Auctions (Scotland) Ltd, Glasgow
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Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Prime Property Auctions (Scotland) Ltd, Glasgow on 0141 465 5880.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
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