Auction‑priced buy with rental upside in a characterful Glasgow location.
• Vacant two-bedroom flat in Victorian red sandstone tenement
• Walk-in condition with high ceilings and modern living area
• Freehold title; being sold at auction — purchaser preparation needed
• Home Report quoted at £165,000; current price indication available
• Estimated rental £900–£1,000 pcm; serviced-let potential, licence checks required
• Area classified as very deprived — may affect long-term growth
• No flood risk; excellent mobile signal and fast broadband
• Possible communal/period maintenance costs not detailed
This vacant two-bedroom flat occupies a Victorian red sandstone tenement on Lenzie Street, offered for sale at auction. The apartment is described as walk-in condition with high ceilings, modern finishes in the living room, and a layout comprising hallway, living room, fitted kitchen/breakfast room, two bedrooms and a three-piece bathroom. Sale price guidance and a Home Report figure are available; the property is freehold and vacant for immediate occupation or lettings.
The flat presents clear income potential. Local comparables and rental estimates suggest achievable rents of £900–£1,000 pcm (approximately £10,800–£12,000 pa). The listing also models short‑term serviced accommodation at c. £145 per night and a 70% occupancy, but this is conditional on licences and further practical checks. Auction sale and guide pricing may create opportunity for buyers seeking value or yield.
Buyers should note material context: the property sits in an area classified as very deprived with “hard-pressed flat dwellers,” which can affect long-term capital growth and tenant demand. The sale will be at auction — buyers must allow time to register and prepare funds. No flood risk; council tax is described as very cheap. Mobile signal and broadband speeds are reported strong, and the building retains period character (high ceilings, sandstone exterior) which may appeal but could also mean maintenance responsibilities.
Overall this flat suits investors targeting near-term rental income or buyers wanting a ready-to-move-in Victorian flat with cosmetic customisation potential. Interested parties should review the Home Report, confirm auction terms, check required licences for short‑term lets, and budget for any period‑building maintenance or communal charges not disclosed here.
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