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Studio, in Development Opportunity/Lock-Up Garages, £80,000
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Land

Development Opportunity/Lock-Up Garages, Crofthill Road, Glasgow, Lanarkshire G44
Auction Land Planning
£80,000

Our Summary

  • Development opportunity
  • For sale by online auction Wednesday 24th of June 2026 at 9
  • ***Fantastic opportunity***To acquire a potential development site which could be developed into 4 in a block flats or 2 semi detached houses, with a gross development value in excess of £500k, subject to planning***If kept as garages, potential rental value of £12,000 per annum with the 6 garages each delivering £2,000 per annum, giving an impressive yield of 15% at guide price******A rare opportunity to purchase a site which could cater to a variety of uses including redevelopment into houses, subject to planning or, kept as 6 garages which are all let out***Situated within an established residential area on Crofthill Road, Glasgow (G44)
  • ***The site offers excellent potential for redevelopment or continued use as an income-producing asset, subject to the necessary consents
  • This is an ideal purchase for developers, investors, or owner-occupiers seeking a flexible opportunity in a sought-after South Glasgow setting
  • ***key features***- Development opportunity (subject to planning)- Existing lock-up garages on site- Established residential location in Glasgow's Southside- Strong demand area for housing and parking/storage- Convenient access to local amenities and transport links- Suitable for investors, developers or owner-occupiersrecent nearby property sales:- 250 Crofthill Road, 2 bedroom, £137,850 (Oct'23)- 41 Crofthill Road, 2 bedroom, £128,000 (Jul'24)- 44 Crofthill Road, 3 bedroom, £127,000 (Nov'23)***The garages are set in a residential pocket in the highly sought after area of Croftfoot in Glasgow's Southside***Brilliant investment opportunity ******Glasgow's southside is a popular area of Glasgow and hosts various cafes, restaurants, parks and schools including Croftfoot primary school, with King's Park Secondary School nearby)***Kings park is a 4 minute drive away (1

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Description

The property is a development site on Crofthill Road in Glasgow's Southside, with the potential to be redeveloped into 4 flats or 2 semi-detached houses, subject to planning. The site currently has 6 existing lock-up garages that are let out, offering a potential rental value of £12,000 per annum. The location benefits from strong local demand for housing and parking/storage, and is well-connected with access to local amenities, transport links, and nearby schools.

The property is situated in a popular area with a high demand for housing, cafes, restaurants, and parks.