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2 bed flat for sale

£57,000 Guide price

8G Langside Street, Faifley, Clydebank G81

2 bed flat for sale 2 1 1
Interested in this property? Call +44 330 098 3814 * or Request Details

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Property features

  • Prime Property Auctions New Entry. Large 2 bedroom tenanted investment property. *** Home Report Valuation £72,000.***
  • *** 8C Langside Street, Faifley, Clydebank, G81 5HJ previously sold for £82,666, Flat 21/3, Abbeylands Road, Clydebank, G81 5LD ***
  • Property is currently tenanted at £600 per calendar month which produces £7,200 per annum making it an attractive investment at Guide price.
  • The property is professionally managed by a local letting agent and has all certs in place. Turnkey Investment. EPC rating C
  • Located in a sought after buy to let location, close to local amenities. Sure to appeal to investors looking for Turn Key Investment.

Property description


  • Prime Property Auctions New Entry. Large 2 bedroom tenanted investment property. *** Home Report Valuation £72,000.***

  • *** 8C Langside Street, Faifley, Clydebank, G81 5HJ previously sold for £82,666, Flat 21/3, Abbeylands Road, Clydebank, G81 5LD ***

  • Property is currently tenanted at £600 per calendar month which produces £7,200 per annum making it an attractive investment at Guide price.

  • The property is professionally managed by a local letting agent and has all certs in place. Turnkey Investment. EPC rating C

  • Located in a sought after buy to let location, close to local amenities. Sure to appeal to investors looking for Turn Key Investment.



Prime Property Auctions New Entry. Large 2 bedroom tenanted investment property. Home Report Valuation £72,000. Property comprises: Entrance hall, living room, two bedrooms, kitchen and bathroom

This property is sure to appeal to investors looking for a cash producing investment opportunity. Property is currently tenanted at £600 per calendar month which produces £7,200 per annum making it an attractive investment at Guide price. Property has a would produce a Gross rental yield of 11.1% if achieved for Guide price of £65,000.

Excellent capital growth potential with sales evidence in the area on the up:

*** 8C Langside Street, Faifley, Clydebank, G81 5HJ previously sold for £82,666, Flat 21/3, Abbeylands Road, Clydebank, G81 5LD ***

Fantastic ready let investment opportunity, which has fantastic rental growth potential. Property is currently tenanted at £600 and there is rental potential of £650 - £725. Should the property be re-let at higher level this would provide an impressive gross yield of 12% - 13.4%.

The property is professionally managed by local letting agent and has all certs in place. Turnkey Investment. EPC rating C

High yielding investment property.

This lot is open to immediate offers. Should you wish to offer now, you can do so via our “Offer Now” button on our website.

This property is offered at a fantastic price to ensure an Auction sale.

The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.

Location:

Faifley is located on the edge of Clydebank and is very well served by public bus routes. Local schooling and shopping is readily available and further first class amenities are only minutes away, including the popular Clyde Shopping Centre and Great Western Retail Park which both offer a variety of retail and leisure services. The location is ideal for commuters with Glasgow City Centre only 20 minutes away by public transport. The A82, Great Western Road and Erskine Bridge can be easily accessed by road.

Property value data/graphs for G81

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £365,117 £198 3.4 £254,784
Semi-detached £229,543 £162 3.0 £171,317
Terraced £204,842 £149 2.7 £120,466
Flats £116,434 £127 2.1 £89,310

Current asking prices in G81

Average: £106,649
Avg. current asking prices in G81
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £145,000
(2)
£177,498
(2)
- -
Flats £48,000
(1)
£82,833
(3)
£85,000
(1)
- -
All £48,000
(1)
£107,700
(5)
£146,665
(3)
- -

Current asking rents in G81

Average: £786 pcm
Avg. current asking prices in G81
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - - £793 pcm
(1)
- -
Flats £650 pcm
(1)
£791 pcm
(5)
£839 pcm
(2)
- -
All £650 pcm
(1)
£791 pcm
(5)
£823 pcm
(3)
- -

Fun facts for G81

Highest value in G81
Highest value streets Zed-Index
Parkhall Road £376,221
Cochno Brae £375,095
Cochno Rise £354,705
Queen Mary Place £305,860
Queen Mary Crescent £296,256
Highest turnover in G81
Highest turnover streets Turnover
Queen Mary Place 100.0%
Queen Mary Crescent 96.0%
Hall Street 58.3%
Braidfield Grove 58.3%
Burnbrae Gardens 46.9%
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For more information about this property, please contact
Prime Property Auctions, G2 on +44 330 098 3814 * (local rate)

Monthly running costs Beta

£384 Monthly total

Mortgage

Purchase price
Deposit (10%) 5,700
Repayment term 25
Interest rate 2.0
Your payment £217 /mo How Much Could I Borrow In association with RBS

These results are not provided by RBS and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Rebuild value up to £1,000,000 Contents value up to £100,000 Average insurance cost £7/mo (£81/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £29 Electricity £53 Estimated energy cost £82/mo

Similar properties could save up to £195

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this size and region.

Estimated consumption

Gas: 11600 kWh/year
Electricity: 3800 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

West Dunbartonshire

Estimated tax band A Council tax cost £78 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Prime Property Auctions, and do not constitute property particulars. Please contact Prime Property Auctions for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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