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Guide price

£60,000

2 bed flat for sale
Overton Street, Cambuslang, Glasgow G72

    • 2 beds

    • 1 bath

    • 1 reception

  • EPC Rating: C

  • Auction
  • Freehold

Auction House Scotland

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About this property

  • Open Viewing Friday 20th June 12 Noon - 12:30pm

  • Fantastic 25% discount against £80,000 Home Report

  • Potential rental yield in excess of 11% (lha at guide price)

  • Add value through modernisation

  • Ideal for rental investor or first time buyer

Two bedroom flat
We are delighted to present to the market this spacious upper cottage flat in Overton Street, Halfway, Cambuslang. The accommodation comprises a generous lounge, kitchen with wall and base units, two double bedrooms and fully tiled shower room. Features include gas central heating, double glazing and a garden area to rear. Some degree of upgrade and modernisation is required, this is reflected in the guide price and offers a great opportunity to add further value. The guide price offers a fantastic 25% discount against the £80,000 Home Report valuation, and the published Local Housing Allowance rate of £6881 per annum represents a potential rental yield in excess of 11%. Demand in the buoyant rental market may produce even better levels of rental income. This is ideal for both rental investors and first time buyers, so early viewing is essential. Council Tax Band: B.

Comparables:
24, Overton Road: Sold for £92,000 2/25
26, Overton Road: Sold for £104,000 01/25
25, Clyde Place: Sold for £110,000 11/24

Overton Street is situated to the south east of Glasgow city centre, with a range of local facilities on the doorstep. Excellent road and public transport links to Glasgow bring a wider variety within easy reach. All levels of education are also within easy reach.
Purchaser notes

Please note that these particulars have been prepared by us on the basis of information provided by our client. If there is any aspect of these particulars that you wish clarified or that you find misleading please contact the office where further information will be made available.

• No tests have been made of services, equipment or fittings.
• No warranty is given or implied as to the condition of buildings, services, fixtures, fittings etc.
• All measurements, distances and acres are approximate.
• Fixtures, fittings and other items are not included unless specified in these details.

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More information

  • Tenure

    Freehold

  • Council tax band

    B

See all recent sales in G72

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