£69,500 Guide price
Refurbishment project
New to auction is this exciting one bedroom refurbishment project in the popular Mount Florida area, approximately five miles south east of Glasgow city centre. Situated on the second floor of a traditional tenement block, the property has already had extensive rip out works undertaken and requires a full programme of refurbishment, offering a great opportunity to add significant value. The post works accommodation will comprise bay windowed lounge, kitchen one bedroom and bathroom. There is a shared garden area to the rear of the block. The property is currently uninhabitable so no Home Report is available. On completion of works, the published LHA figures would offer rental income of £8317pa, but the currently strong rental market could possibly deliver a greater rental value. Not only is this an ideal rental property, it could equally well suit as a project for owner/occupiers looking to get onto the first rung of the property ladder. Early viewing is essential to avoid missing out. Council Tax Band: B.
Unsafe properties
Unsafe properties are evidently in a condition that poses a serious risk to the health or safety of occupants or visitors, or where the way the home is marketed suggests it is unsuitable for occupation in that condition. There is little point in a condition survey being undertaken on a home that is unfit for occupation in any case and is being advertised as such.
Mount Florida is a popular residential area approximately five miles south east of Glasgow city centre, and offers a mix of traditional tenement and modern properties. Retail and leisure options are readily available in the area, with a wider choice in Glasgow city centre. Public transport links are excellent, and the area also offers both primary and secondary schooling options.
PURCHASERS 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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