Summary - 15, FRASER RIVER TOWER, GLASGOW, EAST KILBRIDE G75 8AB
1 bed 1 bath Flat
Cash-buy opportunity with long-term tenant and strong gross yield.
517 sqft one-bedroom flat with lounge, kitchen and three-piece bathroom
This 1-bedroom flat in Fraser River Tower is offered as a cash-only purchase and is currently let to long-term tenants. At 517 sqft, the flat is an average-sized one-bedroom with a lounge, kitchen and three-piece bathroom; it sits within a 1960s concrete tower block with communal private parking.
The property currently produces a gross annual income of £4,500, giving an approximate gross yield of 11.25% based on the £40,000 asking price. Broadband speeds are reported fast and mobile signal excellent, supporting ongoing lettability for standard tenant profiles.
Important considerations: the building is a mid-century high-rise in a very deprived neighbourhood and described in area classifications as challenged. Sale is cash-only, a buyer’s premium will apply, and the property is sold with tenants in situ who wish to remain. These factors suit a hands-off income investor or a purchaser planning a future redevelopment strategy.
For investors seeking a straightforward income asset, this flat offers immediate rent roll and low entry cost. For others, the tower-block setting, dated external appearance and local socio-economic challenges mean the asset is best considered for rental income or targeted refurbishment rather than family occupation.
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