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Residential properties for auction in Robroyston

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THE OLD DEFENSIBLE BARRACKS PEMBROKE DOCK, SOUTH WEST WALES

Auction Date: 21st - 22nd November

Guide Price: £850,000 +

•Grade II* Listed Building
•Approx. GIA floor area 45,000 ft.²
•Guide price devalues to less than £20 ft.²
•Approx. site area 4.45 acres
•Renovation work to East Wing mostly completed
•Five existing 1 & 2 bed apartments
•Development opportunity (STP)
•Suitable for a variety of uses (STP)
•Located close to Pembrokeshire Coast National Park
Two bedroom lower cottage flat

Fantastic builder/developer opportunity to purchase this spacious two-bedroom lower cottage flat located in a popular residential area with great transport links to the city centre and easy access to the M8 motorway network. The accommodation comprises main door entry, lounge, kitchen, two bedrooms and bathroom. The low Guide Price is a reflection of the refurbishment works required and as such interest levels are expected to be high so early viewing is strongly advised. The property is currently unsafe to enter so proper due diligence should be carried out prior to auction. Unsafe properties are evidently in a condition that poses a serious risk to the health or safety of occupants or visitors, or where the way the home is marketed suggests it is unsuitable for occupation in that condition. There is little point in a condition survey being undertaken on a home that is unfit for occupation in any case, and is being advertised as such.

Tenure

Freehold

Fantastic potential rental yield of 20%

Great public transport links to city centre

Good comparable sales in the area

Easy access to motorway networks

Potential rental value £500pcm at LHA rates / £6,000pa on completion of works

Area

The property is located close to local amenities catering for most day to day requirements whilst more extensive shopping can be found at the Fort Shopping Centre. The property is well served by public transport links providing fast commuter access to city centre and beyond. Easy access to motorway networks

Comparables

135 Robroyston Road sold £50,000 06/17
137 Robroyston Road sold £58,000 03/18

Local Authority

Glasgow City Council

Additional Fees

Administration Charge - Purchasers will be required to pay an auction fee of £2,000 inc VAT unless otherwise stated

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Viewing Times
Please call Auction House Scotland on 0141 339 4466 to arrange a viewing
44, Olive Street, Glasgow, G33 1JG
Two bedroom lower cottage flat
Type: Flat, Residential
Location: 44 Olive Street, Glasgow, G33 1JG
Images: 2
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