Summary - West Regent Street, City Centre, Glasgow, G2 G2 2AE
1 bed 1 bath Residential Development
**Key Features:**
- Prime development opportunity located at 55 West Regent Street, Glasgow, G2.
- Planning permission granted for 96 serviced apartments, comprising studios and 1-bedroom units.
- Estimated yield of £3 million per annum from short-term lets.
- Positive pre-application responses for potential student accommodation conversion.
- Historic Victorian architecture enhances appeal in a cosmopolitan city center location.
This unique residential development at West Regent Street in Glasgow presents an exceptional investment opportunity. With planning permission already secured for 96 studio and 1-bedroom serviced apartments, you can capitalize on an estimated annual yield of £3 million from the thriving short-term rental market. The building features ornate Victorian architecture that adds character while located in a bustling city center, ideal for young professionals and students alike.
However, it's important to note the local area classification is deemed 'very deprived,' and while mobile signals are excellent, broadband speeds may not meet urban standards, which could affect tenant appeal. Despite this, the surrounding amenities—ranging from cafés and restaurants to shops and transportation links—offer convenience and vibrant urban living that are sure to attract future residents.
With its prime location and existing planning permissions, this property is poised for considerable appreciation and rental demand. Don't miss this chance to invest in a rapidly evolving district with promising returns!
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