3-bedroom bungalow · G33 6JP
Listing removedListed 72 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within an established residential address in Millerston, 10 First Avenue is a traditional three-bedroom bungalow offering considerable potential for renovation, modernisation and future development.
The property requires a substantial programme of upgrading but retains several appealing original features, including characterful windows and an abundance of natural light.
Its existing accommodation offers generous scope for reconfiguration, allowing the successful purchaser to create a home tailored to their own requirements and style.
There are three bedrooms together with flexible living accommodation.
A substantial attic provides valuable additional storage and may offer potential for conversion into further living or bedroom accommodation, subject to the necessary planning permission, building warrants and professional advice.
Externally, the property benefits from a private rear garden.
Although presently overgrown and requiring landscaping, it offers excellent potential to become an attractive and secluded space for outdoor dining, recreation and gardening.
This is an exciting opportunity for a buyer with vision to restore and transform a characterful bungalow into a distinctive family home, while potentially adding significant long-term value.
Location First Avenue is situated within Millerston, a popular residential community positioned between Stepps and Robroyston, northeast of Glasgow.
The area offers a quieter suburban setting while remaining conveniently connected to the city and surrounding towns.
A selection of local shops and everyday services can be found throughout Millerston and Stepps, with a wider range of supermarkets, retail outlets and leisure facilities available at Robroyston Retail Park and Glasgow Fort.
The surrounding area provides excellent opportunities for outdoor recreation.
Hogganfield Park and Loch offer accessible lochside paths, wildlife and open green space, while the extensive Seven Lochs Wetland Park incorporates woodland, nature reserves and a broad network of walking and cycling routes.
Robroyston and Stepps railway stations provide direct services into Glasgow, while regular bus routes serve Millerston and the surrounding districts.
The nearby M80 offers convenient road access to Glasgow city centre, Stirling and connections with the wider motorway network.
Combining suburban surroundings, useful amenities and excellent transport links, Millerston is a convenient location for families, commuters and buyers seeking a renovation opportunity close to Glasgow.
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.
Area
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FAQ
About 10, First Avenue, Stepps
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