**Standout Features:**
- Prime City Centre location along West Regent Street
- Planning permission approved for 96 studio and one-bedroom serviced apartments
- Estimated yield of £3 million per annum
- Positive pre-application feedback for potential student accommodation
- Remarkable Victorian architecture with high ceilings and ornate detailing
- Close proximity to a plethora of amenities and transportation options
**Summary:**
Take advantage of a rare investment opportunity in the heart of Glasgow’s bustling city center. This prime building at 55 West Regent Street is poised for transformation into 96 serviced studio and one-bedroom short-term let apartments, offering an impressive estimated return of £3 million per year. The property features stunning Victorian architecture with high ceilings and decorative elements, making it not only a lucrative venture but also a charming addition to the urban landscape.
Located in a cosmopolitan neighborhood favored by students and commuters, this serviced accommodation project is further enhanced by recent encouraging feedback from local council regarding potential student housing, presenting flexible future options for development. The site is surrounded by countless shops, dining, and entertainment choices, ensuring steady demand. While the property is currently a blank canvas, its condition and exterior heritage lend themselves well to modernization without sacrificing character.
Seize this chance to invest in a prime asset that merges historic elegance with contemporary potential—fresh opportunities in city center developments are highly sought after and won’t last long.