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Features and description
- Tenure: Freehold
- *to acquire full parade of 9 garages in ripon drive, kelvindale, glasgow in glasgow's highly sought after west end*
- *huge break up potential*
- * Seldom brought to the market*
Investment / Development Opportunity to buy a FULL PARADE of 36 purpose built lock up garages in Glasgow's Highly Sought after WEST END*HUGE BREAK UP POTENTIAL OF £20,000 PER GARAGE* Seldom brought to the market*
Located within the heart of the Exclusive Kelvindale district of Glasgow's West End* Easily Accessible & secure location* Various uses including storage & private parking* Potential yield of 20.3% ANNUAL Return (based on guide price)*
High density Kelvindale district of Glasgow, these garages offer a rare & potentially Lucrative high yielding opportunity. Possible total rental income of £86,400 per annum (£200 pcm per garage)*Post Refurbishment*
The garages have an estimated massive total break-up value of £720k (£20k per garage if sold individually) *High Demand for rarely available garages in this area* Ideal for owner occupiers in the locale vicinity*
Easily Accessible & secure location* Excellent Storage or Investment potential*First Time on the open market in OVER 30 YEARS* Heavily discounted price to ensure sale *Interest should be noted to auctioneers*
*FIRST TIME ON THE OPEN MARKET IN 30 YEARS* A rare opportunity to purchase an UNBROKEN Parade of Lock Up Garages in the heart of the leafy district of Kelvindale in Glasgow's highly sought after West End*HUGE BREAK UP POTENTIAL* Seldom brought to the market* *High Density Location * Currently fully let at a low rent* ASSET MANAGEMENT OPPORTUNITY*This is a unique and rarely seen in opportunity in Glasgow* Individually Broken up, this Fabulous Parade of Garages has an estimated value of £720,000 (£20,000 per garage)* Once in a lifetime opportunity* *High Density Location *The expected rental value of a new garage unit in this location is £200 pcm equating to an annual combined income of £86,400* * Estimated 20.3%+ Rental Return at Guide Price. The property is in a fantastic secure location close to Anniesland Cross and train station in a high density area with a shortage of private parking spaces and storage facilities. The local area plays host to a number of social & recreational amenities including the shopping district of Byres Road, the entertainment hub of Ashton Lane & The World Renowned Botanic Gardens off Queen Margaret Drive.*This is a rarely available opportunity To acquire within a Premier district in Glasgow's Highly Desirable West End*This is a unique opportunity seldom seen for sale in Glasgow. We expect substantial interest from professional investors & developers. Buyers with vision will be able to see the incredible potential of the subjects."
GUIDE PRICE: £425,000
To view legal documents for all properties, and to register for our online auctions 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.
Located within the heart of the Exclusive Kelvindale district of Glasgow's West End* Easily Accessible & secure location* Various uses including storage & private parking* Potential yield of 20.3% ANNUAL Return (based on guide price)*
High density Kelvindale district of Glasgow, these garages offer a rare & potentially Lucrative high yielding opportunity. Possible total rental income of £86,400 per annum (£200 pcm per garage)*Post Refurbishment*
The garages have an estimated massive total break-up value of £720k (£20k per garage if sold individually) *High Demand for rarely available garages in this area* Ideal for owner occupiers in the locale vicinity*
Easily Accessible & secure location* Excellent Storage or Investment potential*First Time on the open market in OVER 30 YEARS* Heavily discounted price to ensure sale *Interest should be noted to auctioneers*
*FIRST TIME ON THE OPEN MARKET IN 30 YEARS* A rare opportunity to purchase an UNBROKEN Parade of Lock Up Garages in the heart of the leafy district of Kelvindale in Glasgow's highly sought after West End*HUGE BREAK UP POTENTIAL* Seldom brought to the market* *High Density Location * Currently fully let at a low rent* ASSET MANAGEMENT OPPORTUNITY*This is a unique and rarely seen in opportunity in Glasgow* Individually Broken up, this Fabulous Parade of Garages has an estimated value of £720,000 (£20,000 per garage)* Once in a lifetime opportunity* *High Density Location *The expected rental value of a new garage unit in this location is £200 pcm equating to an annual combined income of £86,400* * Estimated 20.3%+ Rental Return at Guide Price. The property is in a fantastic secure location close to Anniesland Cross and train station in a high density area with a shortage of private parking spaces and storage facilities. The local area plays host to a number of social & recreational amenities including the shopping district of Byres Road, the entertainment hub of Ashton Lane & The World Renowned Botanic Gardens off Queen Margaret Drive.*This is a rarely available opportunity To acquire within a Premier district in Glasgow's Highly Desirable West End*This is a unique opportunity seldom seen for sale in Glasgow. We expect substantial interest from professional investors & developers. Buyers with vision will be able to see the incredible potential of the subjects."
GUIDE PRICE: £425,000
To view legal documents for all properties, and to register for our online auctions 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
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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 Gro... Show more
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 Gro... Show more