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Price History
Our Summary
- AUCTION DATE: 11 December 2025
- ***Fantastic development opportunity*** Massive 1st floor 3 bedroom freehold flat within traditional sandstone tenement building***
- ***Development potential to create a 4 bed property (STP)*** Potential rental up to £2,000pm / £24,000 pa /giving a potential yield of 16% against current guide price***
- ** sale by auction - 21 May 2026 - Timed Online Auction *****Fantastic development opportunity*** Massive 3 bedroom freehold flat within traditional sandstone tenement building*** ***Development potential to create a 4 bed property (STP)*** Potential rental up to £2,000pm / £24,000 pa /giving a potential yield of 16% against current guide price*** ***The property comprises, large entrance hallway, 3 large double bedrooms, bathroom, lounge and full dining kitchen with large utility room off*** ***Internal modernisation will enhance the appeal and value of the property creating a long term asset*** ***Located in high demand area of Glasgow's Southside Cessnock / Kinning Park area
- The area benefits from excellent transport links with the M8 motorway network a short distance along with bus stops situated adjacent to the property and Cessnock underground station a short walk from the propertyAuction Details21 May 2026,10am-3pmTimed Online AuctionHow to Bid Now Submit an enquiry now or visit our website for full details on how to bid on this property
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Description
This is a fantastic development opportunity to purchase a massive 3-bedroom freehold flat within a traditional sandstone tenement building in Glasgow's sought-after Southside area. With potential to create a 4-bedroom property, the property has the potential to generate a rental income of up to £2,000 per month, giving a yield of 16% against the current guide price. The property features a large entrance hallway, three large double bedrooms, a bathroom, lounge, and full dining kitchen with a large utility room.
With internal modernisation, the property can be enhanced to create a long-term asset. Located in a high-demand area with great transport links to the city centre, this property has huge potential for investors and developers alike.