On the Market NOW for £50K07 Sep 2017
On the market now for £50k, what buy to lets are out there?
We currently have a few sub £50k buy to let opportunities to buy off market which in my view, are good buys if you want to supplement your income but not make a huge investment.
The first 2 flats are in Ibrox / Cessnock (G51) area of Glasgow with subway links to the city in under 5 minutes, close to New Media Quarter and New Queen Elizabeth Hospital. A good spot for tenant demand! These flats are good value, both to buy for you as an investor and for tenants to rent.
We have 1 available on Middleton St – a 1 bed flat in decent condition with electric heaters which will rent at £395pcm.
Available to buy now £45,000.
The other is on Ibrox St – a 1 bed flat in good condition with heating which will rent at £395pcm. Available to buy now at £45,000. Both of these flats can be viewed and are currently empty.
Another option, if you would like to make your money work a little bit harder, is a 1 bed top floor flat on Craigie St in G42. Its Govanhill (but the good end, so close to the school and Pollokshaws Rd) and has a lovely open outlook over the wee square at Craigie St and being top floor flat its really bright. It’s a shell right now and needs about £10k spent on it but once complete, it would be worth around £65k and will rent for £495pcm. That gives you a yield of over 9%, and you have generated some equity in the flat. Available to buy now at £48,000.
Check out my vlog to see the flat…
Both these flats could make good buys if you are looking for your investment to generate you an income stream – if you are interested please get in touch and look forward to your comments.