No longer on the market
This property is no longer on the market
Similar properties
Discover similar properties nearby in a single step.
MapGarage
Auction
Garage
Key information
Features and description
- Tenure: Freehold
- Development opportunity
- Residential area
- Sought after location
FOR SALE BY ONLINE AUCTION WEDNESDAY 20TH OF NOVEMBER 2024 AT 9.00AM. *Fantastic opportunity*To acquire a potential development site which could be developed into 4 in a block flats or 2 semi detached houses, with a gross development value in excess of £500k, subject to planning*If kept as garages, potential rental value of £12,000 per annum with the 6 garages (4 of the garages currently rented, other 2 available for rent) each delivering £2,000 per annum, giving an impressive yield of 15% at guide price*
*A rare opportunity to purchase a site which could cater to a variety of uses including redevelopment into houses, subject to planning or, kept as 6 garages which could be let out*
RECENT NEARBY PROPERTY SALES:
- 250 Crofthill Road, 2 bedroom, £137,850 (Oct'23)
- 41 Crofthill Road, 2 bedroom, £128,000 (Jul'24)
- 44 Crofthill Road, 3 bedroom, £127,000 (Nov'23)
*The garages are set in a residential pocket in the highly sought after area of Croftfoot in Glasgow's Southside*Brilliant investment opportunity *
*Glasgow's southside is a popular area of Glasgow and hosts various cafes, restaurants, parks and schools including Croftfoot primary school, with King's Park Secondary School nearby)*Kings park is a 4 minute drive away (1.2 miles)*Linn Park is a 4 minute drive away (1.3 miles)*The area is served by Croftfoot railway station (a 9 minute walk away (0.4 miles)) with two trains per hour, and by the 5 (via Carmunnock Road, Croftfoot Road) and 75 (via Menock Road, Castlemilk Road) First Glasgow bus routes from the city centre.*
GUIDE PRICE - £80,000
To view legal documents relating to this property please visit our website.
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.
Please note that as per the Estate Agents Act 1979 the vendor of the property is a connected party.
*A rare opportunity to purchase a site which could cater to a variety of uses including redevelopment into houses, subject to planning or, kept as 6 garages which could be let out*
RECENT NEARBY PROPERTY SALES:
- 250 Crofthill Road, 2 bedroom, £137,850 (Oct'23)
- 41 Crofthill Road, 2 bedroom, £128,000 (Jul'24)
- 44 Crofthill Road, 3 bedroom, £127,000 (Nov'23)
*The garages are set in a residential pocket in the highly sought after area of Croftfoot in Glasgow's Southside*Brilliant investment opportunity *
*Glasgow's southside is a popular area of Glasgow and hosts various cafes, restaurants, parks and schools including Croftfoot primary school, with King's Park Secondary School nearby)*Kings park is a 4 minute drive away (1.2 miles)*Linn Park is a 4 minute drive away (1.3 miles)*The area is served by Croftfoot railway station (a 9 minute walk away (0.4 miles)) with two trains per hour, and by the 5 (via Carmunnock Road, Croftfoot Road) and 75 (via Menock Road, Castlemilk Road) First Glasgow bus routes from the city centre.*
GUIDE PRICE - £80,000
To view legal documents relating to this property please visit our website.
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.
Please note that as per the Estate Agents Act 1979 the vendor of the property is a connected party.
About this agent
Online Property Auctions Scotland - Glasgow
1008 Pollokshaws Road
Glasgow, Scotland
G41 2HG
0141 376 3438Online Property Auction Group are revolutionizing the way buyers and sellers engage in the property market. Offering a fast, transparent, and accessible platform, our auctions provide an innovative alternative to traditional property transactions. Whether you're a seasoned investor or a first-time buyer, Online Property Auction Group eliminate the need for lengthy negotiations and streamline the entire process, allowing participants to bid from the comfort of their own homes. With the UK diverse property market — from bustling city apartments to serene countryside estates — Online Property Auction Group open up a world of opportunity, making it easier than ever to secure your ideal property.
Similar properties
Discover similar properties nearby in a single step.