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Springfield Road, Cumbernauld

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$40,000

Our latest listing is a 1 bedroom flat located in Glasgow. It is in close proximity to valuable amenities, is able to generate rewarding rental returns and has a tenant currently situated.

For investors looking to expand their portfolio, this is a fantastic opportunity!

This well-kept home features 1 bedroom, lounge, kitchen, and bathroom.

Investment details

It currently produces an annual gross income of £4,200 which could be increased by the new owner to a market rate of £4,800 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

Tenancy Details

The current tenants have lived in the property for several years and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.

Bedrooms

x 1

Bathrooms

x 1

Square Footage

44 sqm sqft

Investment Numbers

  • Sale Price: $40000
  • Rental Value: $350
  • Gross ROI: 10.5%
  • Management Fee: $35
  • Total Deductions: $35
  • Net Rental Income: $315
  • Monthly Income: $315
  • Net ROI: 9.45%

Total Deductions: $35

Monthly Income: $315

Neighbourhood Highlights

Buy-to-Let Opportunity Long Term Tenant Currently Situated Likely to attract enquiries from Serious Investors & Developers Great Condition Close Proximity to Valuable Amenities INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

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