The South Lanarkshire flat is on the outskirts of Glasgow and yet it is around half the price of some private parking spaces in the city. It is described as a perfect flat to rent out
Image: Future Property Auctions)
A pristine-looking flat has gone on the market as one of the cheapest in the UK for a bargain basement £12,000.
While property prices are a constant cause of complaint for many Brits who fear whether they will ever be able to get on the housing ladder – this Scottish flat is readily attainable and has plenty to offer.
The one-bed home is in Cambuslang, South Lanarkshire, and it has been described as the “perfect renter property”.
Not far from the centre of Glasgow, it is easily within commuting distance and yet its price is around half the cost of a parking space in Glasgow city centre.
A parking space in the Candlerigg’s Q-Park on Merchant City’s ALbion Street is reportedly worth £22,000.
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Image:
Future Property Auctions)
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Image:
Future Property Auctions)
It has a sizeable double bedroom and an attractive living room with a wooden floor while it has been freshly painted throughout.
On the second floor, the flat is close to the centre of Cambuslang and so would be a pleasant home for anyone wishing to live there.
But for landlords looking to make money, the rental value of the property has been put at £400 a month.
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Image:
Future Property Auctions)
Its sales description reads: “Perfect renter property as near to Cambuslang train station and amenities.
“Rental potential circa £400 per month.
“High demand rental area as a perfect location for excellent local amenities and transport links along the main street and a good choice of nearby schooling.”
The property will be in a timed auction by Future Property Auctions on August 27, with £12,000 as a guide price.