Tenanted
Montford Avenue, Glasgow, G44 4NT
£110,000 GDV
2 bed cottage flat, purchased in 2022.
Purchased fully landlord compliant & with no outstanding maintenance.
Long term (12+ years) sitting tenant @ £525pcm (market rent £625pcm).
Property was in tired condition. After…
Description
Type
Tenanted
Location
Glasgow
GDV(Gross Development Value)
£ 110,000
Purchase Price
£ 80,000
Costs(Refurbishment & Fees)
£ 4,200
Total Cash Required
£ 24,200
Rent
£ 525
2 bed cottage flat, purchased in 2022.
Purchased fully landlord compliant & with no outstanding maintenance.
Long term (12+ years) sitting tenant @ £525pcm (market rent £625pcm).
Property was in tired condition. After approximately £10,000 of refurbishment works market rent would be £695pcm.