1-bedroom flat · G40 2PE
Listing removedListed 76 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Lowther Homes is pleased to present a selection of stylish mid-market rental properties located on the Gallowgate, just east of Glasgow City Centre.
The development consists of 14 modern flats within the thoughtfully refurbished Bellgrove Hotel building.
A mix of one and two bedroom homes is available, each offering bright, modern open plan living with integrated kitchen and dining areas.
All properties come complete with white goods, blinds and floor coverings.
Designed with energy efficiency in mind, the homes benefit from high levels of insulation, double glazing, and clean, carbon free heating powered by ground source heat pumps.
Located close to the Forge Retail Park and Forge Shopping Centre, the development sits in a highly convenient spot with excellent access to local amenities.
Glasgow City Centre, the Emirates Arena, and vibrant Dennistoun—with its popular cafés, bars and restaurants—are all close by.
Transport connections are strong, with Bellgrove train station just a short walk away and regular bus services running along the Gallowgate.
For car users, the M8 motorway is approximately one mile from the development, providing quick links across the Central Belt.
*PHOTOS MAY BE OF A SIMILAR PROPERTY* Council Tax Band:B EPC Rating:B Landlord Registration Number: 266950/260/02501
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
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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 607 , GALLOWGATE , G40 2PE
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