Three-bedroom tenanted flat

This is a tenanted investment property, a large three-bedroom flat located in a prime Southside location, close to amenities and transport links, generating immediate rental income with rent paid directly to the landlord. Local sales evidence includes 205 Langside Road, Glasgow, G42 8XY, which sold for £187,100 in September 2024, and 231 Langside Road, Glasgow, G42 8XY, which sold for £246,500 in November 2023. This is a freehold residential sale. The property is currently let at £700 pcm (£8,400 per annum). Rents for three-bedroom flats in this area can range from £1000-£1200pcm (£12,000-£14,400 per annum), presenting an excellent investment opportunity. The first-floor flat comprises an entrance hallway, living room, kitchen, three bedrooms, and a bathroom. It benefits from communal gardens to the rear and on-street parking is available. The vendor is motivated to sell. This property is priced for a quick auction sale and is well-positioned for shopping on nearby Victoria Road. Shawlands, offering a host of bars, restaurants, and recreational facilities, is within a 10-minute walk. This three-bedroom traditional tenement apartment occupies a third-floor position, offering substantial and versatile accommodation suitable for professional couples and growing families. It is in an extremely popular rental location, perfect for landlords and residential investors. The building is factored. The property is within walking distance of shops and amenities on Victoria Road and Pollokshaws Road, with Queen's Park Rail Station and bus routes minutes away. The New Victoria Hospital is within 1 mile. There may be repayment charges secured against this title by Glasgow City Council; buyers should satisfy themselves prior to bidding. Govanhill offers affordable housing options, making it attractive to students, young professionals, and families. Property may be subject to an outstanding notice to Glasgow City Council for building repairs. All buyers are encouraged to investigate fully into outstanding repair notices prior to bidding. Secure door entry system. The lounge faces onto Langside Road with twin windows, a built-in cupboard, and decorative cornicing. There are two further double-sized bedrooms, a kitchen, and a family bathroom. Queen's Park is a highly sought-after area in Glasgow, known for its eclectic mix of bars, cafes, and eateries. Excellent transport links are nearby, including numerous bus routes on Pollokshaws Road and Queens Park train station a short distance away. Tenancy Details: Type of Agreement: Short Assured Tenancy (SAT) Length: Annual Rent: £8,400 per year / £700 per month Yield: 6% (approx) Tenant: Private Individual Notes: Rented at £700 per month (low rent for area) and managed by landlord.