Friday, 28 August 2015

2 bedroom flat in Shawlands with a return of 6%

Click here to view property on rightmove 

This large 2 double bedroom flat in the heart of Shawlands caught my eye this morning. The property is being marketed at offers over £119,000, and has a home report value of £130,000. I think this is an ideal investment opportunity.

The property is located in the heart of vibrant Shawlands, a great area in the Southside of the city. Situated beside the beautiful Queens Park, Shawlands is a bustling area, great for shopping, great eateries, and has a mixture of traditional Glasgow drinking bars and trendy bars and clubs.

The flat is ideally located for local transport links. The flat is just off the A77 Kilmarnock Road which is well served by local buses and Crossmyloof train station, from where it is 7 minutes into Glasgow centre, is only 0.4 miles walking distance.

If we take a quick look at the figures, if you purchase this property at £125,000 and then rent it out at £625 per calendar month this will provide you with a great yield of 6.0%.  This property is well worth a look!

Shawlands is popular with renters so renting the flat out should not be a problem. If you are interested in this property or want to invest in the Glasgow area, why not give me a call on (0141) 221 1827.



PS It is always a good idea to get a second opinion.

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