Hot buy to let options right now30 Sep 2016
If you are considering either adding to your property portfolio around Glasgow or starting out, here are some hot buy to let options available on the market right now!
A great wee one bed flat in a popular street just off the main drag (Kilmarnock Rd) in Shawlands G41. It looks ready to be let with very little work necessary and will rent out to a young professional probably in super quick time. It’s on at offers only £59k with a home report of £65k, you will probably have to pay around or a little over home report to secure the property. It will probably rent best and most quickly furnished at a rental of around £500pcm.
So this one will give you a gross yield of almost 9%!! A fantastic return and a steady flat to sell on should you need to. An ideal buy to let proposition!
This is another fab option – a 1 bed in Glasgow’s Merchant City G1 on the corner of the High Street and Blackfriars. OK it’s above a pub but that probably won’t bother the tenant who is living here! Young professional single or couple, maybe a student, again it would be good to furnish it but I would probably recommend trying to buy what’s in there as it looks ideal for a renter.
This one will rent for £575 – £595pcm and with a purchase price of £89750 (home report £95k) this is a really attractive property. Your gross yield would come in at over 8% and the location sells it!
There are lots more on the market and we have some great off market deals so if you are looking to add to your portfolio please get in touch firstname.lastname@example.org