THIS PROPERTY IS BEING SOLD BY LIVESTREAM AUCTION AT 2PM ON THURSDAY 18th JUNE.

This fantastic refurbishment project enjoys convenient location in Westmuir Street in Glasgow’s popular east end and around two miles from the city centre. The property is located on the top floor of a tenement block with commercial properties on the ground floor. The accommodation comprises lounge, kitchen, one bedroom and shower room. A full programme of works is required throughout, and the property is currently classed as uninhabitable due to pigeons having accessed the bedroom through a hole in the ceiling. As such, no Home Report is available. The competitive guide price offers great added value potential, and on completion of works rental investors could enjoy strong rental income of £8,317 per annum LHA figures. This one is sure to attract strong demand so act quickly to avoid missing out. Council Tax Band A. 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.

Tenure

Freehold

Area

Westmuir Street lies within the Parkhead area of Glasgow’s East End, approximately two miles east of Glasgow City Centre. A wide range of retail and leisure amenities are nearby, including The Forge Shopping Centre and Forge Retail Park, together with a variety of local shops, cafés, supermarkets. Leisure facilities, parks and community amenities are also readily accessible nearby. The area is well served by educational facilities, with a selection of primary and secondary schools, together with further education opportunities available at Glasgow’s colleges and universities. Road links are provided via the nearby M8 and M74 motorway networks, offering convenient access throughout Glasgow, the Central Belt and beyond. Regular bus services operate along major nearby routes, and rail connections from Duke Street, Carntyne and Bellgrove railway stations provide direct access to Glasgow City Centre and the wider rail network.

Local Authority

Glasgow City Council

Additional Fees

Administration Charge - 3.6% inc VAT of the purchase price, subject to a minimum of £3600 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.