1-bedroom flat · G12 9SY
Under offerListed 49 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within one of Hyndland’s most popular streets, 0/1, 124 Novar Drive is a spacious one-bedroom flat which now requires full modernisation, but offers an excellent opportunity to create a really good home in a fantastic West End position.
One of the nicest things about the flat is its position within the building.
Although technically ground floor, it is set back and elevated from street level, giving it a greater sense of privacy than you might expect.
To the front, the bay-windowed living room has an attractive outlook along Novar Drive towards Clarence Drive, while the rear of the property enjoys more open, leafy aspects.
Internally, the accommodation has the proportions and character you would hope for from a traditional Hyndland tenement.
The living room is a particularly good size, with a broad bay window and original detailing, while the large dining-sized kitchen sits to the rear.
There is a well-proportioned double bedroom, bathroom and a generous reception hallway with useful storage.
The property has been in the same ownership for a considerable period and is being sold as part of an executry estate.
It is fair to say that it now requires comprehensive modernisation throughout, particularly the kitchen, bathroom and general decoration.
However, the fundamentals are all here: good proportions, high ceilings, plenty of natural light and a very workable traditional layout.
To the rear, the building has well-maintained communal gardens which, together with the open outlook, give the back of the flat a surprisingly green feel. The location is a major part of the appeal.
Novar Drive sits right in the heart of Hyndland, with the independent shops, cafés and restaurants of Hyndland Road and Clarence Drive close by.
Hyndland Railway Station is also within easy walking distance, while Byres Road, the University of Glasgow and the wider West End are all readily accessible.
Whilst every effort is made by Yates Hellier to ensure the accuracy of these details, it should be noted that measurements are approximate and all information including service charges, parking, ground ownership and school catchment has been provided by the vendor and their accuracy cannot be guaranteed and should be verified through your solicitor and local council.
Agency Registration Number: 1812011
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About 124 Novar Drive, Hyndland, G12
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