glasgow 2 bed apartment brochure

8/7/2019 Glasgow 2 Bed Apartment Brochure

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£14,500 Instant Equity - 25% Discount – Glasgow, G32

2 Bed Apartment Packaged Property Deals, “Leaving you time for more important things.”

25% BMV - £14,500 Instant Equity

GLASGOW, G32



Property Details

Accommodation: Darleith Street, Shettleston, Glasgow, G32

Generous sized corner flat positioned on the corner of Old Shettleston Road and Darleith Street. The

accommodation on offer comprises entrance hallway, spacious lounge, two double bedrooms, kitchen

and bathroom. The property further benefits from partial gas central heating, security entry and centra

location. Easy access to Glasgow City Centre and destinations further a field.

Entrance hallway12'6" (3.8m) x 7'2" (2.18m) to longest and widest points. Enter via timber door, wall

mounted radiator, wooden floor, light fitting, security entry phone, allows access too all main

apartments and storage cupboard.

Lounge13'10" x 14'11" (4.22m x 4.55m). Enter via timber door, rear facing twin panelled window

formation, fitted carpet, wall mounted gas fire, power points and light fitting.

Kitchen12'8" (3.86m) x 7'10" (2.39m) to the longest and widest. Enter via ranch style Louvre doors,

range of wall mounted and floor standing units with matching work surface areas and tiled splash back,

sink and side drainer, gas cooker and pulley system.

Bedroom One14'1" x 10'11" (4.3m x 3.33m). Enter via timber door, front facing twin panelled window

formation, fitted carpet, power points and light fitting.

Bedroom Two10'10" x 15'1" (3.3m x 4.6m). Entered via timber door, side facing twin panelled window

formation, fitted carpet, power points and light fitting.

Bathroom Enter via timber and glass door, front facing window formation, three piece suite comprising

low level WC, wash hand basin, bath and wall mounted radiator.



Financial Structure

Deal Structure:

•Market value £58,000 •Investor price £43,500 •25% Discount from market value

•Estimated rent £450 per month

•Mortgage payments £158 •Investment required - £3,995+vat •Legals included •Rental profit £292 per month

Financial details:

Investment required is

£3,995+vat

•With tenant buyer, cash flow rises to £350

per month •Return on investment in 14 months (on

single let) •Recommended & experienced solicitors

used •Reservation £1,000+vat



Photos



Sales Comparable



Rental Comparable



Neighbourhood Profile

Often, many of the people who live in this sort of postcode will be

families and single parents living in council flats.

In addition to Glasgow, neighbourhoods fitting this profile are found

in West Dunbartonshire, Dundee, Aberdeen and Edinburgh.

This type is really only found in significant numbers in Scotland and,

in particular, Glasgow. The vast majority of people live in purpose

built flats, including traditional Scottish tenements. They are smallone or two bedroom properties, and will be almost exclusively

rented from the council or housing associations. The population is

young and there are many school age children with young parents.

The level of single parents is one of the highest in the country at

21%. With such young families, many women are fully occupied

looking after their children.

Those that are working are in routine factory, manual or retail

occupations, and overall income levels are amongst the lowest inthe country. They have to consider their budgets when shopping for

food, and retailers such as Aldi and Kwik Save are where they

choose to go. They also buy a lot of mail order goods from the

traditional catalogue companies, so that they can spread their

payments. With the limited money they are likely to have left, they

will occasionally relax by going to the pub or a nightclub for a drink,

going to bingo or placing a bet. Their most popular paper is the

Scottish Daily Record, followed by The Sun and News of the World.

TV is important to many and cable TV is popular. Otherwise, for

many, their interest in their local football team is one of the things

that matters most to them.



Property – Training – Wealth Creation

2 Bed Apartment Packaged Property Deals, “Leaving you time for more important things.”

25% BMV - £14,500 Instant Equity

Reserve for £1,000+vat

glasgow 2 bed apartment brochure

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