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The Beresford 460 Sauchiehall street, Glasgow, G2

Floorplan 1
1

Key features

  • Buy-To-Let Investment
  • Tenanted & Fully Compliant
  • 1 Bedroom
  • Current Rental £746.70pm
  • Home Report £130,000
  • Current Yield 7.5%
  • 42 sq m
  • EPC Rating: C
  • Furnished Let
  • No Buyer Fees

Description

Tenanted 1 bed buy-to-let property investment in Glasgow City Centre. This fifth floor property is located within a B Listed Art Deco building that was originally constructed in 1938. The accommodation comprises a hallway, bright open plan living room/kitchen, double bedroom with built in wardrobes, and shower room with plumbed shower. The property benefits from underfloor heating, double glazing, beautiful communal areas, new roof 2020, central location, and being compliant for the rental market.

The property is being sold with the tenants in situ as a buy-to-let investment property. The property is fully compliant and the long-term tenant has been resident since December 2021 providing rental income on day 1 of purchase. The current tenancy generates an annual rental income of £8,960.40 representing an immediate yield of 7.5%. There is scope to increase the rental for a future tenancy and boost the yield to +8%. The property is let furnished and is sold as seen. The Home Report value is £130K. The factoring charge (including the underfloor heating cost) is approximately £2100 per annum. 

The property is located in Glasgow's vibrant Sauchiehall Street. The property benefits from superb transport links, with nearby bus and subway links, as well as the M8 and national rail connections for travelling further afield. The fantastic public transport allows access to all the city has to offer. Residents also have a wide selection of outstanding amenities and attractions close by that are easily reached by foot.

Brochures

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COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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The Beresford 460 Sauchiehall street, Glasgow, G2

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About Portolio, Edinburgh

Portolio Ltd, Westpoint, 4 Redheughs Rigg, Edinburgh, EH12 9DQ
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Portolio is a specialist estate agent for landlords, selling tenanted properties from landlord to landlord while ensuring tenants remain secure in their homes. Founded by two Scottish letting agents in 2017, Portolio is the product of the decades of knowledge amassed by co-founders Chris Wood and Ross MacDonald. Its business model fuses the skills required to be an estate agent with a deep knowledge of lettings, and what is required in the world of buy-to-let, from property styles and locations, to rental yields, capital appreciation potential, and all required safety legislation. Portolio is fully NAEA qualified and sells tenanted properties and portfolios across Scotland and England.

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Disclaimer - Property reference 27576884. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Portolio, Edinburgh. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
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