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SOLD STC

Glenmore Place, Glasgow, G42

Key features

  • Buy-to-let Investment
  • Tenanted & Fully Compliant
  • 2 bedrooms
  • Current rental £850pm
  • Home Report £95,000
  • Current Yield 11%
  • EPC Rating C
  • 56 sq m
  • Furnished Let

Description

A modern two-bedroom ground floor flat forming part of a well-maintained semi-detached block of eight properties, built around 15 years ago. The property is being sold with the tenants in situ, providing investors with immediate rental income from day one of ownership. The accommodation comprises an entrance hallway, a spacious sitting room, kitchen, two bedrooms, and bathroom with three-piece suite. The property benefits from having uPVC double-glazed windows, electric heating, resident parking, and well-maintained communal areas. The development is factored by James Gibb (approx. £1,200 per annum including common insurance). 

The property is being sold with the tenants in situ as a buy-to-let investment property. The property is fully compliant, the tenants have been resident since September 2024, providing rental income on day 1 of purchase. The property is let on a 5 year company lease to the Mears Group with the agreement ending in August 2029. The current tenancy generates an annual rental income of £10,200 and a current yield of 11%. The property is sold as seen, and the sale price includes all the inventory items. The Home Report value is £95K.

Located in the G42 postcode area, this property benefits from strong rental demand driven by excellent transport links to Glasgow city centre, as well as proximity to local amenities, shops, and schools. The area is particularly attractive to tenants seeking affordable yet modern accommodation within easy reach of the city. This property represents a straightforward and fully compliant buy-to-let opportunity, offering reliable rental income and low-maintenance management in a popular Glasgow rental location.

Brochures

Home Report
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.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Glenmore Place, Glasgow, G42

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About Portolio, Edinburgh

Portolio Ltd, Westpoint, 4 Redheughs Rigg, Edinburgh, EH12 9DQ
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Portolio is a specialist estate agent for landlords, selling tenanted properties from landlord to landlord while ensuring tenants remain secure in their homes. Founded by two Scottish letting agents in 2017, Portolio is the product of the decades of knowledge amassed by co-founders Chris Wood and Ross MacDonald. Its business model fuses the skills required to be an estate agent with a deep knowledge of lettings, and what is required in the world of buy-to-let, from property styles and locations, to rental yields, capital appreciation potential, and all required safety legislation. Portolio is fully NAEA qualified and sells tenanted properties and portfolios across Scotland and England.

Your mortgage

Per year
Lenders usually expect a 10% deposit
%
Choose between 2 and 40 years
Years
Current average is 4.5%
%
Monthly repayments
£420
We think you can borrow up to
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Disclaimer - Property reference 27933234. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Portolio, Edinburgh. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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