Shepherd sets closing date for residential investment opportunity in Bowling
Shepherd Chartered Surveyors has set a closing date of 12 noon on Friday 31st March for a residential investment opportunity comprising a development of 11 flats, eight of which are occupied, in Bowling, West Dunbartonshire.
2 Littlemill Court is positioned on the north side of the A814 Dumbarton Road to the west of Bowling train station and the village centre. The property is accessed from Dumbarton Road, which forms part of the A814 trunk road; a busy two-way road linking with the main interchange on the A82 which runs parallel to the north. Bowling sits on the north bank of the River Clyde and lies three miles to the west of Clydebank.
The property comprises eight two bed flats and three one bed flats arranged over ground to third floors of a modern flatted development comprising a total of 15 residential flats. The flats have been let unfurnished and gas fired central heating and a pre-paid electricity supply has been fitted.
Eight of the flats are let to private individuals on short assured tenancies while three of the 11 flats are vacant.
Sandy Lightbody, Head of Agency (Glasgow) at Shepherd, said: “This residential development offers a high yielding investment opportunity of eight tenanted flats and three vacant flats providing a passing rental of £4,050 per calendar month, an annual rental of £48,600 and an estimated rental value of £70,800 per annum once fully let.”
Offers in excess of £850,000 are invited by the closing date of 12 noon on Friday 31st March. Interested parties should contact the sole selling agent on 0141 331 2807.
For further information please contact Sandy Lightbody on tel 0141 331 2807
Issued on behalf of Shepherd by Liquorice Media tel 0141 297 1699 www.liquorice-media.com
Date: 23 March 2017