2-bedroom flat · G1 5AL
Let agreedListed 45 days · slow let
Opportunity summary
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About
**Email Enquiries Only** Principal Apartments Lettings are delighted to present this stunning two bedroom 7th floor penthouse apartment with private east facing balcony and huge west facing terrace.
Situated on the quiet eastern edge of the Merchant City. The Apartment boasts 2 double bedrooms, with en-suite off the master. There is a generous family bathroom with shower over bath.
Ideally located on the edge of the Merchant City and well placed for City Centre amenities and shops.
As the epicentre of Glasgow's extraordinary mercantile wealth, this area housed tobacco lords and cotton kings.
Two centuries later, the Merchant City has been brought back to life as a lively cultural quarter.
The streets and lanes closest to the Clyde are packed with studios, workshops and galleries, while thoroughfares closer to the Ingram Street have some of Glasgow's best loved bars and restaurants.
Fully furnished throughout - with tastefully decorated open plan lounge/dining and kitchen with panoramic views East over the city towards Cathkin Braes.
- Fully Furnished - 2 comfortable double bedrooms - Shower over bath - Gas Central Heating - Electric Hob and Electric Oven - Some pets may not be allowed - Council tax band G - EPC - B - Parking Professionals - Yes Sharers - 2 Maximum Students - Considered Smokers - No Some pets may not be allowed.
HMO - N/A EPC rating: B. Landlord Registration Number: 1788830/260/08092. Letting Agent Registration Number: 2303006. Deposit: £2,300
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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.
Area
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FAQ
About Watson Street, Merchant City, Glasgow, G1, Glasgow
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