Summary - 56, MELROSE ROAD G67 4BA
2 bed 1 bath Flat
Low-entry, income-producing 2-bed flat — cash buyers only due to EPC F..
Renting tenant in place, producing £575 pcm
Cash purchase only due to EPC rating F
Freehold first-floor flat, approx. 490 sq ft
Garage included for parking or storage
Requires cosmetic updating and potential EPC works
Located in a high-deprivation area — limited price growth
Immediate rental income but no vacant possession
Small overall size — better for investors than families
A compact first-floor two-bedroom flat in Greenfaulds, offered with a sitting tenant and immediate rental income. The property is freehold, includes a garage, and currently produces £575 pcm — making it a straightforward buy-to-let for cash investors seeking instant yield in a low-entry-price band.
Internally the layout is practical: lounge, dining kitchen, two double bedrooms and a three-piece bathroom. Double glazing is in place and room proportions are sensible for the 490 sq ft footprint. The block’s mid‑20th-century construction and external wear reflect a property that has been lived in and will benefit from cosmetic updating.
Important considerations: the property carries an EPC rating of F and is offered for cash purchase only. The wider neighbourhood records high deprivation and the area classification suggests limited demand growth without refurbishment. The flat is sold with a sitting tenant (paying £575 pcm) which secures immediate income but will restrict vacant possession options.
This is a clearly priced, low-size investment proposition: good for buyers able to buy cash, accept an EPC upgrade obligation, and carry out any refurbishment to increase rent or resale value. It’s less suitable for mortgage-dependent purchasers or buyers seeking a move-in-ready home.
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