£91,995
Portolio
Glenmore Place, Glasgow, G42 0EA
Property key facts
Bedrooms
2Bathrooms
1Internal area
—Property type
FlatYear built
Ask Agent
£91,995
Portolio
Bedrooms
2Bathrooms
1Internal area
—Property type
FlatYear built
Ask AgentA 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.
Electricity
—Water
—Heating
—Sewerage
—| Private rights of way | No |
|---|---|
| Public rights of way | No |
| Listed property | No |
| Restrictions | No |