Vacant 3-bed tenement flat with strong rental yield potential; auction sale, refurbishment likely.
Three bedroom second-floor flat in sandstone Victorian tenement
A vacant three-bedroom second-floor flat in a traditional sandstone tenement near central Glasgow, offered freehold and sold at auction. The layout includes a hallway, living room, kitchen and a single bathroom; high ceilings and period character are evident from the building’s Victorian elevation.
This property is aimed at buy-to-let investors or conversion to serviced accommodation. Current rental estimates are £1,700–£1,800pcm (approx. £20,400–£21,600pa), which the seller cites as a 10–11% yield at the guide price. With appropriate licensing and fit-out the flat could operate as short‑stay accommodation; the projection of c. £180 per night at 70% occupancy is a theoretical estimate, not guaranteed.
Important cautions: the property is in an area classed as very deprived, which can affect resale and tenant demand; it will be sold via timed online auction and is open to immediate offers. Serviced accommodation use will require licensing and investment in furnishings and compliance. The flat is vacant but may need refurbishment—buyers should survey for condition, services and compliance before purchase.
For investors seeking an entry-price central Glasgow asset with period appeal and clear rental upside, this flat offers strong yield potential provided you allow budget and time for licensing, refurbishment and active asset management.
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