Summary - FLAT 5/31, 220, WALLACE STREET G5 8AJ
2 bed 2 bath Flat
Established tenancy and steady rental income with scope to add value.
Freehold 2-bed, 2-bath flat with parking access
A practical buy-to-let opportunity in Glasgow’s G5 with established long-term tenants and off-street parking. The property is freehold, two-bedroom, two-bathroom, and currently returns a gross annual income of £10,200, with potential to increase to around £10,920 at market rent. The building’s contemporary façade and large windows provide good natural light and urban appeal.
This is aimed squarely at investors seeking an income-producing asset with minimal immediate management disruption; tenants have occupied the flat for several years and intend to remain. A Let Property Pack is available for detailed investment figures and tenancy documentation. A buyers’ premium applies to secure purchase commitment.
Buyers should note some refurbishment is required: one room shows worn finishes and signs of damp and will need remedial work. The wider neighbourhood is classified as very deprived and predominantly student and commuter-focused, which influences long-term capital growth prospects and tenant profiles.
Overall, the flat offers straightforward rental returns, parking access, and refurbishment upside. It will suit investors or developers comfortable with tenant-in-situ acquisitions and light-to-moderate upgrade works to improve rent or resale value.
2 bedroom flat for sale in Wallace Street, Glasgow, G5 — £110,000 • 2 bed • 2 bath • 721 ft²
2 bedroom flat for sale in Pleasance Street, Glasgow, G43 — £190,000 • 2 bed • 1 bath • 818 ft²
1 bedroom flat for sale in Ashvale Crescent, Glasgow, G21 — £65,000 • 1 bed • 1 bath • 635 ft²
2 bedroom flat for sale in Wallace Street, Glasgow, G5 — £114,000 • 2 bed • 1 bath • 710 ft²
2 bedroom flat for sale in Boydstone Road, Glasgow, G46 — £89,500 • 2 bed • 1 bath • 732 ft²
2 bedroom flat for sale in Ardgay Street, Glasgow, G32 — £100,000 • 2 bed • 1 bath • 775 ft²
