Land for sale
Glasgow, G32 0HF
studio Flat
Property photos
+5
Property description
SALE BY ONLINE AUCTION 30TH MAY AT 9.00AM.
Online Property Auctions Scotland are delighted to present this fantastic development opportunity in Glasgow's East End.
Fabulous Opportunity to acquire a site with incredible possible development potential to build a fantastic commercial development in a sought-after Glasgow location - Subject to obtaining all consents.
Potential to create a small scale commercial enterprise on site - possibly containers or garages which could rent for up to £150pcm. 15 containers could provide revenue of £2,250pcm/£27,000pa - an incredible yield of 69% at Guide Price with your money returned in less than two years.
Nearby allotments are in constant demand. Any change of use would be subject to planning.
We understand that the site may have previously benefitted from having planning permission for a residential development (now lapsed). All enquiries should be made to Glasgow City Council.
Nearby Sales: 10 Gartocher Dr Sold £167k (Nov 21)* 47 Albany Ave Sold £140k (Nov 21)* 6 Albany Ave Sold £205k (Sept 21)* 8 Springboig Rd Sold £230k (May 21)* 26 Hallhill Rd Sold £295,100 (Jan 21)*
Strong Residential Location: Central district with a number of substantial modern housing developments nearby. The property benefits from having excellent transport links being close to train stations, major bus routes & both the M8 / M74 motorways.
Established East End location benefitting from having a number of modern housing developments nearby. The property sits to the rear of residential accommodation & nearby commercial premises with minimal frontage on a main arterial road within popular residential district. Opposite modern styled housing development. The site offers a number of potential uses and is an excellent acquisition for investors and developers. Perfect possible opportunity for a local builders yard and office. SELF BUILD HOUSING POTENTIAL (subject to planning). Affordable Freehold Property in excellent location. Fantastic Location: The property benefits from having excellent transport links being close to train stations, major bus routes & both the M8 / M74 motorways.
Purchases are subject to a Buyer's Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup/Special Conditions in the Legal pack to confirm.
Online Property Auctions Scotland are delighted to present this fantastic development opportunity in Glasgow's East End.
Fabulous Opportunity to acquire a site with incredible possible development potential to build a fantastic commercial development in a sought-after Glasgow location - Subject to obtaining all consents.
Potential to create a small scale commercial enterprise on site - possibly containers or garages which could rent for up to £150pcm. 15 containers could provide revenue of £2,250pcm/£27,000pa - an incredible yield of 69% at Guide Price with your money returned in less than two years.
Nearby allotments are in constant demand. Any change of use would be subject to planning.
We understand that the site may have previously benefitted from having planning permission for a residential development (now lapsed). All enquiries should be made to Glasgow City Council.
Nearby Sales: 10 Gartocher Dr Sold £167k (Nov 21)* 47 Albany Ave Sold £140k (Nov 21)* 6 Albany Ave Sold £205k (Sept 21)* 8 Springboig Rd Sold £230k (May 21)* 26 Hallhill Rd Sold £295,100 (Jan 21)*
Strong Residential Location: Central district with a number of substantial modern housing developments nearby. The property benefits from having excellent transport links being close to train stations, major bus routes & both the M8 / M74 motorways.
Established East End location benefitting from having a number of modern housing developments nearby. The property sits to the rear of residential accommodation & nearby commercial premises with minimal frontage on a main arterial road within popular residential district. Opposite modern styled housing development. The site offers a number of potential uses and is an excellent acquisition for investors and developers. Perfect possible opportunity for a local builders yard and office. SELF BUILD HOUSING POTENTIAL (subject to planning). Affordable Freehold Property in excellent location. Fantastic Location: The property benefits from having excellent transport links being close to train stations, major bus routes & both the M8 / M74 motorways.
Purchases are subject to a Buyer's Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup/Special Conditions in the Legal pack to confirm.
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Council tax
First listed
2 weeks agoGlasgow, G32 0HF
Marketed by
Online Property Auctions - Glasgow Suite 13, Alexander Stephen House, 91 Holmfauld Road Glasgow, Lanarkshire G51 4RYPlacebuzz mortgage repayment calculator
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The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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