2 Bedroom  Flat LOT 30

151 Gallowgate, Glasgow, G1 5AX
BIDDING OPENS in...

Description

  • Status: Available
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Tenanted
  • Bedrooms: 2
  • Council Tax: Search

151 Gallowgate, Glasgow, G1 5AX is a tenanted investment property located in the heart of Glasgow City Centre. The property is currently let, generating a rental income of £1,000 per calendar month.

Positioned within the popular Gallowgate area, the property benefits from strong tenant demand due to its proximity to the city centre, local amenities, transport links, and major employers.

This opportunity is well suited to investors seeking a centrally located, income-producing asset with an established tenancy in place.

Rent: £12,000 per year / £1,000 per month Yield: 12% (approx) Tenant: Private Individual Notes: £1000 Pcm

The area is well-served by buses along the Gallowgate road, and nearby Bellgrove railway station links to central Glasgow and beyond.

151 Gallowgate, Glasgow, G1 5AX is a tenanted investment property located in the heart of Glasgow City Centre. The property is currently let, generating a rental income of £1,000 per calendar month. Positioned within the popular Gallowgate area, the property benefits from strong tenant demand due to its proximity to the city centre, local amenities, transport links, and major employers. This opportunity is well suited to investors seeking a centrally located, income-producing asset with an established tenancy in place. Rent: £12,000 per year / £1,000 per month Yield: 12% (approx) Tenant: Private Individual Notes: £1000 Pcm

The area is well-served by buses along the Gallowgate road, and nearby Bellgrove railway station links to central Glasgow and beyond. Glasgow is Scotland’s largest city, bold and creative with a big heart and a bigger personality. Sitting on the River Clyde in the west of the country, it grew famous during the Industrial Revolution for shipbuilding and engineering—and you can still feel that proud, gritty history in its architecture and attitude.

Full Address: 151 Gallowgate, Glasgow, G1 5AX

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Map & Location

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Tenancy Details

Type of Agreement:
Length:
Rent: £12,000 per year / £1,000 per month
Yield: 12% (approx)
Tenant: Private Individual
Notes: £1000 Pcm

Document Downloads

  Legal Docs (Pending)

* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.

 * Click the above 'Pending' document link to log your request and we will notify you once available.

Pricing Information & Bidding

Opening Bid: £99,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

How to Bid... To take part in the online auction you must firstly create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest Online Auction Bidders Guide now.

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Offer Now... You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

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Terms of Sale

  • 10% Deposit (Minimum £3,000)
  • Standard Completion (Unless specified differently in any Special Conditions of Sale)
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request an earlier or later completion date which will be detailed in any Special Conditions of Sale for this lot. Buyers must satisfy themselves prior to bidding as to the terms on offer.

* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.

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Auction Details

Date & Time: 12 February 2026, 10am-3pm
Type: Timed Online Auction

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