2 bed flat for sale Gallowgate, Glasgow

2 beds 1 bath Flat

25% share · about £120,000 full value Freehold

Added yesterday

About this property

Fantastic opportunity for first-time buyers to own a 25% share of this spacious, 2-bedroom flat in Gallowgate. The remaining 75% is owned by the housing association, making it an affordable option to get onto the property ladder. Presented in superb condition and ready for its new owner, the flat offers two generously sized bedrooms with built-in storage, a bright lounge with large double windows, and an adjoining kitchen.

Key features

Two Bedroom Flat
Shared ownership- 25% for sale
All Transport links are close-by
Double Glazing
Gas Central Heating
All Amenities are close-by

Floorplan

Location

Gallowgate, Glasgow, G40 2DU

Open map Street View

Council tax: Band D (Approx £1,706/year)

Mortgage and LBTT

Property price £30,000

£15k £45k

Deposit10% £3,000

£0 £30k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £27,000 mortgage. Most lenders would want a household income of about £6,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.