111 Lochend Road, Glasgow, G69 8AH
- PROPERTY TYPE
Detached
- BEDROOMS
3
- BATHROOMS
2
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- We are excited to present this Investment Opportunity. This 3 bed detached villa with a side conversion and a substantial amount of land W building consent, located in a PRIME location of Gartosh ***
- ***Bishop Loch Court, Gartcosh, G69 8GB sold for ££283,500, Heatheryknowe Road, Glasgow, G69 sold for £325,067***
- Potentially an excellent opportunity for serviced accommodation, property could demand rental between £5,353PCM / £64,2400 PA generating an excellent gross yield at 25.6% secured at the guide price
- Sure to appeal to shrewd investors and developers looking for a rare project with the potential to convert back into a residential building (subject to gaining necessary planning consents)
- Sure to appeal to shrewd investors looking for a great high yielding opportunity with great development potential.
Description
- We are excited to present this Investment Opportunity. This 3 bed detached villa with a side conversion and a substantial amount of land W building consent, located in a PRIME location of Gartosh ***Guide Price of £250,000***
- ***Bishop Loch Court, Gartcosh, G69 8GB sold for ££283,500, Heatheryknowe Road, Glasgow, G69 sold for £325,067***
- Potentially an excellent opportunity for serviced accommodation, property could demand rental between £5,353PCM / £64,2400 PA generating an excellent gross yield at 25.6% secured at the guide price £250,000.
- Sure to appeal to shrewd investors and developers looking for a rare project with the potential to convert back into a residential building (subject to gaining necessary planning consents)
- Sure to appeal to shrewd investors looking for a great high yielding opportunity with great development potential.
We are excited to present this Investment Opportunity. This building 3 bed detached villa with a side conversion and a substantial amount of land, located in a PRIME location of Gartosh ***Guide Price of £250,000***
Sale Comprises:
Residential- Entrance Hallway, Livingroom, Master Room w Ensuite, 2 Spacious Bedrooms, Bathroom, Dining Room, Kitchen and Driveway. The villa also benefits from Double Glazing & Gas Central Heating. Epc: D. Tax band: E.
Commercial- Newsagents approx 31.9 m2 with alcohol licence
Land- Building consent for a Two to Four bedroom Bungalow
Sales Evidence:
***Bishop Loch Court, Gartcosh, G69 8GB sold for ££283,500, Heatheryknowe Road, Glasgow, G69 sold for £325,067***
***PRICED TO ENSURE A QUICK AUCTION SALE***
Potentially excellent opportunity for serviced accommodation, with rates for 3 bed properties in the area starting from around £220 per night (subject to gaining necessary planning consents) At 80% occupancy per month, unit could achieve £5,353 PCM (£64,240 PA) which would generate an incredible 25.6% gross yield if secured at the guide of £250,000.
Planning Application Reference: 22/00598/FUL
All planning enquiries must be made to the relevant local council
Sure to appeal to shrewd investors and developers looking for a rare project with the potential to convert back into a residential building (subject to gaining necessary planning consents)
Sure to appeal to shrewd investors looking for a great high yielding opportunity with great development potential.
The local areas have seen some great sales recently showing that there is strong demand recently, should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.
This lot is open to immediate offers. Swing that there is strong demand.
This property is offered at a fantastic price to ensure an Auction sale.
The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.
Location:
Gartcosh, a village in North Lanarkshire, Scotland, presents promising investment opportunities due to its strategic location, transport connectivity, and focus on business development. Situated near Glasgow, Gartcosh benefits from excellent road links via the M73 and nearby rail services, making it an accessible and appealing hub for businesses and commuters. The area is home to the Gartcosh Business Interchange, a key development attracting enterprises in logistics, technology, and other sectors. Ongoing investments in infrastructure, housing, and local amenities are driving growth and enhancing its appeal. Gartcosh's combination of strategic positioning, strong transport links, and economic development potential makes it an attractive choice for investors looking for opportunities in a growing and well-connected location.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: E
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Driveway
- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
111 Lochend Road, Glasgow, G69 8AH
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About Prime Property Auctions (Scotland) Ltd, Glasgow
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Visit our security centre to find out moreDisclaimer - Property reference 212424506. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Prime Property Auctions (Scotland) Ltd, Glasgow. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Prime Property Auctions (Scotland) Ltd, Glasgow on 0141 465 5880.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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