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Residential Investment Opportunity, 36 Deanston Drive, Shawlands, Glasgow, G41 3AD

8,320 Sq Ft / Other / Investment

For Sale - £1,400,000.00

Available - Last updated: 05 July 2024

Summary

Attractive blonde sandstone tenement building arranged over ground , first, second and third floors.

Secure door entry system from street level provides access to well-maintained tenement close.

All of the flats benefit from gas central heating, and double glazing.

The flats are rented out on the following basis;

0/1 - £800 PCM
0/2 - £1,850 PCM
1/1 - £1,695 PCM
1/2 - £895 PCM
2/1 - £1,500 PCM
2/2 - £1,450 PCM
3/1 - £1,795 PCM


Key Points

  • Rare investment opportunity within thriving residential area
  • 4 x 3 beds / 2 x 2 beds / 1 x 1 bed
  • Attractive corner position
  • Well-maintained tenement building
  • Total rental income of £115,500 per annum
  • Offers offer over £1.4 M invited = 8.25% gross yield and 19% discount on valuation
  • Location

    Shawlands is a popular residential and commercial area of Glasgow situated just 2 miles south of the city centre.

    The Sunday Times have named Shawlands the best place to live in Glasgow after releasing their 'Best Places To Live In The UK 2023.

    The subjects are situated on the west side of Deanston Drive at its corner with Skirving Street just a short walk from Kilmarnock Road as well as Queens Park.

    Regular bus services operate on Kilmarnock Road and Langside Drive whilst Crossmyloof Railway Station is a 10 minute walk north.

    A wide selection of local popular local businesses are found on its doorstep including Moco Hair, Ruby Woo Clothing, Verses Coffee, Piatta, Frankie's Coffee.

    Property Quote Price(s)

    DescriptionSale typeGuide pricePrice type
      For Sale Freehold £1,400,000.00 NA

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    Contact agents

    Gregor Brown

    G M Brown

    0141 432 1268

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