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Description

  • Status: Available
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Vacant
  • Bedrooms: 3
  • Council Tax: Search

PREMIUM GLASGOW WEST END INVESTMENT – Substantial 3/4 bedroom flat at 605 Great Western Road, G12 8HX. Highly sought-after location close to Glasgow University, Byres Road and Kelvinbridge.

EXCEPTIONAL RENTAL POTENTIAL – Projected rental income of up to £3,000 per month / £36,000 per annum. Superb opportunity for investors targeting Glasgow's thriving student and professional rental mark

EXISTING HMO LICENCE – Licence number HMO03495, expiring 30 September 2027. New owners must apply for a fresh licence in their own name.

SPACIOUS 3/4 BEDROOM PROPERTY – Flexible accommodation comprising entrance hallway, kitchen, bathroom and three/four bedrooms. Gas central heating.

PRESTIGIOUS WEST END LOCATION – Situated on fashionable Great Western Road, close to Glasgow University, Botanic Gardens, shops, restaurants and excellent transport links. Highly desirable property.

FLAT 2/1, 605 GREAT WESTERN ROAD, GLASGOW, G12 8HX PRIME GLASGOW WEST END INVESTMENT OPPORTUNITY – 3/4 BEDROOM FLAT – EXISTING HMO LICENCE – POTENTIAL RENTAL INCOME UP TO £36,000 PER ANNUM Future Property Auctions presents an outstanding opportunity to acquire a substantial 3/4 bedroom flat in a HIGHLY SOUGHT-AFTER location on Great Western Road, in the heart of Glasgow's prestigious West End. EXCEPTIONAL INVESTMENT POTENTIAL – RENTAL INCOME UP TO £3,000 PER MONTH / £36,000 PER ANNUM. EXISTING HMO LICENCE – HMO03495 – EXPIRY DATE 30 SEPTEMBER 2027. The property offers spacious and flexible accommodation comprising an entrance hallway, kitchen, bathroom and three/four bedrooms, providing an excellent opportunity for investors targeting Glasgow's thriving student and professional rental markets. Further benefits include gas central heating and a superb position within easy reach of Glasgow University, Byres Road, Kelvinbridge and the extensive shopping, dining and leisure facilities of the West End. ACCOMMODATION The property comprises an entrance hallway providing access to the accommodation, three/four bedrooms, kitchen and bathroom. The flexible internal configuration offers excellent potential for use as a residential investment property, with scope for shared accommodation subject to the necessary licensing and statutory consents. Gas central heating is installed throughout the property. HMO LICENCE & INVESTMENT POTENTIAL HMO LICENCE NUMBER HMO03495 – EXPIRY DATE 30 SEPTEMBER 2027. The property currently benefits from an HMO licence, making this a particularly interesting opportunity for investors seeking accommodation suitable for multiple occupants. IMPORTANT HMO INFORMATION: The existing HMO licence does not automatically transfer to a purchaser. New owners will be required to apply for a fresh HMO licence in their own name through Glasgow City Council. Any continued HMO operation will be subject to the appropriate licensing arrangements, statutory requirements and council approval. POTENTIAL RENTAL INCOME UP TO £3,000 PER MONTH / £36,000 PER ANNUM, subject to licensing, permitted occupancy and prevailing rental market conditions. The combination of substantial accommodation, an established West End address and proximity to Glasgow's major educational institutions makes this an attractive opportunity for investors seeking strong potential rental returns. LOCATION – GLASGOW WEST END PRIZED LOCATION IN ONE OF GLASGOW'S MOST DESIRABLE AND PRESTIGIOUS RESIDENTIAL DISTRICTS. Great Western Road is one of Glasgow's best-known residential thoroughfares, renowned for its attractive traditional architecture, vibrant atmosphere and outstanding selection of independent shops, cafés, restaurants and bars. The property is ideally situated for access to the fashionable Byres Road district, Glasgow Botanic Gardens, Kelvinbridge and the wider West End. The University of Glasgow is within convenient reach, providing excellent appeal to the student rental sector, while the surrounding area is equally popular with professionals seeking convenient access to the city centre. Kelvinbridge Underground Station and regular bus services provide excellent public transport connections throughout Glasgow. The area also benefits from proximity to Kelvingrove Park, the Botanic Gardens, cultural attractions, leisure facilities and an extensive range of everyday amenities.

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Pricing Information & Bidding

Opening Bid: £289,000

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).

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Terms & Conditions 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)

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    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 for each property which may differ in deposit amount, completion and buyers fee.

    * 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.

General Terms & Conditions of Sale
Lot Specific Terms - 605Great Western Road, Flat 2-1, Glasgow






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