Traditional tenement flat

New to auction is this spacious one bedroom traditional tenement flat, enjoying preferred first floor position on the popular Dumbarton Road to the west of Glasgow city centre. Offering exciting potential to add value through upgrade works, the accommodation comprises lounge/kitchen, double bedroom with bay window formation, and bathroom with over-bath shower. Further features include double glazing and communal drying area to the rear. The property is currently non-mortgageable due to damage/dampness as outlined in the Home Report, but works have been contracted to resolve and will be completed prior to conclusion of purchase. The competitive Guide Price offers an attractive 26% discount against £75,000 valuation and, on completion of essential works, published LHA figures offer potential rental income of £8,317pa. This one is sure to attract strong levels of demand from both rental investors and first time buyers, and early viewing is essential to appreciate the value on offer. Council Tax Band: A.

Tenure

Freehold

Area

Dumbarton Road is popular with both owner/occupiers and the rental market given its convenient location just 15 minutes away from Glasgow city centre. Local retail and schooling are in the surrounding area, and public transport options are on the doorstep.

Local Authority

Glasgow City Council

Additional Fees

Administration Charge - 3.6% inc VAT of the purchase price, subject to a minimum of £3600 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.