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3 bedroom flat for sale
1, Clutha Street 1/L, Glasgow, G511BL
£170,000
1, Clutha Street 1/L, Glasgow, G511BL
£170,000
Our Summary
- ** SALE BY AUCTION - 29 August 2025 - Deadline for Offers *****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 Details29 August 2025, 12pm Deadline for OffersHow 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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- ***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***
- ***Fantastic development opportunity*** Massive 1st floor 3 bedroom FREEHOLD flat within traditional sandstone tenement building***
Description
This is a rare 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, this property offers a significant yield of 16% against the current guide price. The flat features a large entrance hallway, three large double bedrooms, bathroom, lounge, and full dining kitchen with a large utility room. The property is in need of internal modernization, which will enhance its appeal and value, creating a long-term asset. Located near Paisley Road Toll and Cessnock underground station, the property benefits from excellent transport links and high rental demand in the area. The deadline for offers is August 29, 2025, and interested bidders can submit an enquiry or visit the website for full details on how to bid.