2-bedroom flat · G5 8AH
Listing removedListed 103 daysAuction 16 Jul · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** sale by auction - 16 July 2026 - Timed Online Auction ** Located on popular Wallace Street, this well-proportioned two bedroom flat offers an excellent opportunity for investors seeking an established rental property in a central Glasgow location.
The accommodation comprises a bright and spacious lounge, fitted kitchen with ample storage, two generously sized bedrooms, and a family bathroom.
The flat is currently tenanted, providing immediate rental income from day one.
Wallace Street is ideally positioned for access to Glasgow city centre, local amenities, public transport links, and motorway networks, making it a consistently strong rental area.
Rent: £13,200 per year / £1,100 per month Yield: 12% (approx) Tenant: Private Individual Notes: £1100 pcm.
Located in the heart of Glasgow City Centre, this property benefits from an unbeatable central location with excellent access to shops, restaurants, cafes, and cultural attractions.
The area is well served by public transport, including nearby train and subway stations, making it ideal for commuters and city living.
The property offers bright, well-proportioned accommodation with modern finishes throughout. Large windows provide plenty of natural light, creating a welcoming and comfortable living space.
Local amenities, universities, and business districts are all within walking distance, while motorway links are easily accessible.
Auction Details 16 July 2026,10am-3pm Timed Online Auction How to Bid Now Submit an enquiry now or visit our website for full details on how to bid on this property.
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Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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
Agent & docs
FAQ
About 220, Wallace Street, Apartment 4-20, Glasgow
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