BTL in Glasgow

BMV BTL in Glasgow (West End)

Home Report Valuation Available.

A great opportunity to secure a high yielding, below market value investment in one of Glasgow’s most popular and consistently in demand rental areas. This area (Glasgow Partick) has also shown over the years strong capital appreciation for 1-bedroom flats.

Rental Performance
• Expected rent: £950 pcm / £11,400 pa
• In line with current market rents
• Strong ongoing demand from professional tenants due to the sought after location

Property Overview
This traditional ground floor tenement flat extends to approximately 50 sq m and provide a unique opportunity to add value after cosmetic upgrading.

The accommodation includes: entrance hallway, lounge\dinning room with bay window, functional kitchen, double bedroom and three piece shower room. Additional benefits include high ceilings, double glazing throughout and a large communal rear garden.

Parking: Unrestricted on street parking
Garden: Rear communal area
EPC Rating: D
Council Tax band: B
Tenure: Freehold (absolute ownership)

Financials
Purchase Price: £115,000
Purchase Costs: £42,950
Sourcing Fee: £3,000
Refurb: £16,500
GDV: £160,000
Annual Rent: £11,400
Annual Net Profit: £4,512
ROCE: 16%
Yield: 7%

With a below market value purchase price, strong rental demand and solid projected returns, this property would make an excellent addition to any investment portfolio, particularly for buyers looking for reliable passive income and long term growth.

For further information or to discuss the opportunity in more detail, please get in touch.