1 bed Private Halls
Bath Street, Glasgow, Lanarkshire, G2 2EE
- 1 bedroom
- 0 bathrooms
- 1 reception
- Starting bid: £50,000
Slater Hogg & Howison - Candleriggs : 0141 552 8599
Slater Hogg & Howison
Property overview
EARN INSTANT INCOME WITH 6% NET YIELD. This premium self-contained student studio offers ample private space which includes an en-suite bathroom, kitchen, study area, smart TV and storage. Robert Owen House has a range of facilities on-site including a residents' gym, a games room and an entertainment room, along with numerous communal areas where students can socialise with other like-minded residents. Centrally located, students will find themselves close to local amenities, clubs and bars, as well as in good proximity to both universities and the train station. This is a fantastic investment opportunity for either new or experienced landlords and benefits from block management already in place so that you know your investment is in safe hands! Glasgow is a city synonymous with higher education. There is no area in the UK outside of London with more universities than Glasgow.
Auctioneer comments
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Settle within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.20% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
Material information
The information above has been provided by the vendor and may not be accurate. Please refer to the property’s Buyer Information Pack. (You can download this on the right hand side of the page) or speak to the Auction Specialist for the most up to date information.
Council Tax Band: | Band A |
Tenure: | Freehold |
Map view
Fees & Charges Explained
Bath Street, Glasgow, G2 2EE
This property is sold subject to payment of a non-refundable reservation fee of 4.20% to a minimum of £6,000.00 including VAT.
Any successful purchaser will pay this to secure the sale. The reservation fee is in addition to the purchase price. Please take this into account when bidding.
A reservation fee is payable by the buyer only when the seller pays no fees to sell. As sellers pay no fees to sell, this is usually taken into account with a lower reserve price.
This property is being sold under the Modern Method of Auction, which requires the Settlement of the purchase within 56 days, although all reasonable endeavours must be made to Conclude Missives within immediately following the Contracts for Sale being received by the Buyer's Solicitor
A non-refundable Reservation fee must be paid by the buyer within 2 hours following the conclusion of the auction or acceptance of an offer. This must be paid by cleared funds to the auctioneer who will issue an acknowledgement of reservation and purchase agreement in the 56 day period following the auction or the date of acceptance of the offer.
Buyer Fees
There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:
- You will need a Solicitor to act for you during the conveyancing and your Solicitor will advise you in relation to the associated costs. If you do not have a Solicitor, we can recommend the services of one of our Panel Solicitors who are all selected for their expertise in Auction Transactions. Please call the number below for more information.
- Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland. Please click here for more information.
Need More Information?
For further information or to speak to one of our team, please call 01312021112.
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Disclaimer
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.
Bid History
Starting Bid
The Guide Price or Starting Bid for each property shows the level at which the bidding will start. These amounts are for guidance only and are not the price that the property is being sold for. This amount may occasionally change during the marketing period. Each Guide Price or Starting Bid has a corresponding Reserve Price. Learn more in our FAQs section.