2/2, 642 Balmore Road, Glasgow, Lanarkshire, G22 6QS

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Town & Country Property Auctions Scotland
Town & Country Property Auctions Scotland

Description

2/2 642 Balmore Road, Glasgow
2/1, 642 Balmore Road, Glasgow, Lanarkshire
1/2, 642 Balmore Road, Glasgow, Lanarkshire, G22 6QS

1 Bedroom Flat
2 Bedroom Flat
2 Bedroom Flat

Guide Price: £50,000

Income Potential

Long-Term Rental:
1 Bedroom Approx. £750 PCM (£9,000 per year)
2 Bedroom Approx: £900 PCM (£10,800 per year)

Short-Term Let / Airbnb:
1 Bedroom Approx. £29,400 per year (including £2,204 cleaning fee)

2 Bedroom Short-Term Let / Airbnb:
Approx. £29,400 per year (including £2,204 cleaning fee)

Located in Glasgow's north side, this property offers an attractive low-entry investment opportunity with strong potential across both traditional buy-to-let and serviced accommodation strategies. The area benefits from excellent transport links into Glasgow city centre, proximity to Glasgow Royal Infirmary, the University of Glasgow and Glasgow Caledonian University, alongside established retail and leisure facilities. Strong demand from students, professionals, hospital staff and visitors supports the property's rental potential.

Key Feature 1

Guide Price of just £50,000

Key Feature 2

Potential long-term rental income of approximately £750 PCM (£9,000 per annum)

Key Feature 3

Excellent access to Glasgow city centre, universities, hospitals and major transport links


* The Guide Price given is an indication as to where the Reserve is currently set. The Reserve is the minimum price that the auctioneer is authorised by the vendor to sell the property for. It is subject to change throughout the marketing period. Where the Guide Price is a single figure, the current Reserve will not be more than 10% above that single figure, and where a price range is given (i.e. £50,000 - £55,000), the Reserve will not exceed the upper level of the range. It is not necessarily what the auctioneer expects it will sell for.

We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms' employment has the authority to make or give any representation or warranty in respect of the property.

Viewing: Due to the nature and condition of auction properties, the auctioneers highlight the potential risk that viewing such property carries and advise all to proceed with caution and take necessary requirements to ensure their own safety whist viewing any lots offered. Viewings are conducted entirely at the potential buyers own risk, these properties are not owned or controlled by Town & Country Property Auctions and the auctioneers will not be held liable for loss or injury caused while viewing or accessing the lot. Due to the nature of some auction properties, electricity may not be turned on, therefore viewing times are restricted. Viewers will need to bring their own lighting/ ladders if wanting to inspect cupboards, cellars and roof spaces. Some viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Town & Country Property Auctions will not be liable for any costs or losses incurred due to viewing cancellations or no shows.

All auctioneer fees and deposits stated are non-refundable. The deposit will be applied toward the final purchase price. Auctioneer fees, while not contributing to the purchase price, will still be included in the total chargeable consideration of the property when calculating Stamp Duty Land Tax, Land Transaction Tax, or Land and Buildings Transaction Tax (as applicable depending on whether the property is located in England, Wales, or Scotland).

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