Land for sale
Key information
Property description & features
- Tenure: Freehold
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.
Places of interest
Online Property Auctions - Glasgow
Suite 13, Alexander Stephen House, 91 Holmfauld Road Glasgow, Lanarkshire G51 4RY
See more properties like this:
*DISCLAIMER
Property reference 246954. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Online Property Auctions - Glasgow.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on September 8, 2023
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on September 8, 2023
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.