Investment Type: BUY-TO-LET
Est. Completion: COMPLETED
Pure Investor are delighted to bring to the market this 2-bedroom 2nd-floor apartment in College Heights, Bell Street, Glasgow G4 0SZ. Located on the second floor of this modern development which nestles just a stones throw from Glasgow's Merchant City, this spacious two-bedroom flat offers excellent views and an allocated parking space in the car park.
Tenancy Status: Tenanted
Tenure: Freehold
Furnishings: Unfurnished
The accommodation is accessed via a controlled security entry system to communal hall with lift and stairs to all levels and comprises of a welcoming reception hall with storage cupboard, generous sized lounge which has floor to ceiling east facing windows and is semi open plan to the well-appointed dining size kitchen with integrated appliances.
There are two double size bedrooms, and the master has fitted wardrobes and a modern En-suite shower room, there is also a contemporary styled three-piece bathroom with modern white suite. In addition, the property has gas central heating and double glazing.
Locally there is a large Morrison Superstore, Merchant City offers many wonderful restaurants and bars, and Glasgow City centre has fabulous shopping ad underground. There is also easy access onto the motorway network. Please refer to published Home Report for EER Band.
Investment information
- Asking price - £165,000.00
- 2 double bedrooms
- 2 bathrooms (family bathroom and en-suite)
- Freehold
- Service charge per annum - £1,528.00
- Current rental income per month - £775.00
- Tenant move in date – 07/09/2022
- Currently on a rolling contract
- Letting agent – Countrywide Lettings
- Current fee to managing agent per month – 10.5% (£97.66) Inc VAT
- Condition – Excellent
- Any complaints or issues with tenants – None
- Tenants ever missed payments – Never
- A valid EWS1 cert available upon request – Issued 2nd April 2021
- Current gross income per annum (£775pcm) £9,300.00
- Current gross yield per annum 5.6%
- Projected gross income per annum (£900pcm £10,800.00
- Projected gross yield per annum 6.5%
Payment Plan
* Reserve your unit with a signed reservation form Sourcing fee of £2,500 + VAT (50% paid upfront & the remaining 50% paid upon completion)
* Provide certified ID, proof of address and proof of funds to Pure Investor
* Solicitors instructed
* Remaining balance due on completion
Location
Glasgow, United Kingdom
Price
N/A
Sorry, we don't have any availability in this development at the moment. Please contact our team for more details.
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Call: +44 (0) 161 337 3890
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