Summary - 375, ARDGAY STREET, GLASGOW G32 9BG
2 bed 1 bath Flat
Immediate rental income with garden and low management complexity for portfolio buyers.
- Two bedrooms, lounge, kitchen and three-piece bathroom
- 775 sq ft freehold flat with private rear garden
- Currently let; annual gross income £6,000
- Tenants wish to remain — vacant possession not guaranteed
- Area classified as very deprived; affects demand and growth
- On-street parking; excellent mobile and fast broadband
- Buyer's Premium applies on purchase — additional cost
- Traditional layout suited to modest refurbishment potential
A practical two-bedroom property with clear rental income already in place — ideal for a buyer prioritising steady returns. The flat (775 sq ft) is currently let and produces an annual gross income of £6,000, offering immediate cashflow and low void risk while tenants remain in situ.
The layout is traditional and straightforward: two bedrooms, lounge, kitchen and a three-piece bathroom, plus a private rear garden and on-street parking. Broadband speeds are reported as fast and mobile signal as excellent, supporting lettings to working tenants or short-term re-lets with minimal connectivity concerns.
Important considerations: the property sits in an area classified as very deprived/outer city hardship, which may limit some tenant profiles and long-term capital growth. The current tenants wish to remain, so vacant-possession strategies will require negotiation. A Buyer’s Premium will be applied to secure purchase — factor this into acquisition costs.
For an investor or developer prepared to manage tenancy arrangements and consider modest refurbishment, this freehold opportunity offers a straightforward addition to a rental portfolio with immediate income and potential to increase rent after works or at tenancy turnover.
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