Auction-ready buy-to-let with immediate rental income and uplift potential.
Guide price £90,000 Home Report referenced
Current rent £675 pcm (£8,100 pa) generating ~10% gross yield
Freehold maisonette; three bedrooms, one bathroom, multi-story layout
Sold at auction—sold as seen; immediate offers invited
Urban block shows external wear; communal repairs likely needed
Portion of rent paid via social housing; tenant pays balance directly
Area well connected with shops, cafes, transport; high lettability
Located in a very deprived area—consider tenant profile and management
This three-bedroom maisonette in Shawlands is presented as a clear investor opportunity with immediate rental income. The property currently produces £675 pcm (£8,100 pa), with a portion paid via social housing and the remainder paid by the tenant, delivering an indicative gross yield around 10% against the published guide. It will be sold at auction with a Home Report valuation referenced at £90,000.
The building is a mid-20th-century mixed-use block; external areas show typical urban wear and the block may need communal maintenance or external repairs. Internally the flat offers practical living spaces across multiple levels—three bedrooms, one bathroom—and contemporary but basic finishes that will suit buy-to-let management or a light refurbishment to increase rent and capital value.
Shawlands is well served by local shops, cafés, bars, and transport links, and lies close to parks and larger retail hubs. The location supports lettability and long-term capital growth, but note the wider area is classified as very deprived, which can affect tenant profiles and management needs.
This lot is offered freehold and will be sold at auction. Buyers should inspect the Home Report, confirm exact room sizes and communal liabilities, and factor auction fees, potential maintenance, and any required updating into their offers.
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