2-bedroom flat · G1 1DW
For saleReduced £5k (−2.1%) on 29 SepListed 110 days
Opportunity summary
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About
Description A wonderful opportunity to acquire a two-bedroom maisonette apartment in one of the most iconic buildings in the heart of Glasgow's Merchant City.
The b-listed neo-classical former Glasgow Sheriff Court Building, built circa 1844, was successfully converted into 62 residential apartments in 2005, and boasts a concierge, residents' gym, and two residents' courtyard gardens.
The internal square footage is 1140, providing flexible living accommodation over two floors connected by a spiral staircase in the centre.
The accommodation in full comprises; grand entrance from street level into the well-maintained communal areas, stairs & lift lead to the upper communal landing and courtyard area.
The property entrance is broad and welcoming and provides access to all lower sections of the apartment.
The living room is flooded with natural light thanks to a dual aspect window formation, and is open plan to the kitchen, which benefits from a range of wall and floor-mounted units with integrated appliances.
There is an all-important w/c on the lower level. A spiral staircase leads to the upper landing, where you are greeted with two double bedrooms, separated by a Jack and Jill en suite shower with bath.
The apartment boasts excellent storage space throughout.
Further benefits are a security entry system; an immediately impressive communal entrance hall with a concierge office, staircase, and lift access to each floor.
The property has gas central heating from an individually metered communal boiler; the building benefits from a concierge, two residents' roof gardens and a residents' gym.
Located on Ingram Street in Glasgow's vibrant Merchant City, this location offers unquestionably one of the most envied and prominent social locations Glasgow has to offer, with a wealth of amenities including both general and specialist shopping, wine bars and many highly acclaimed restaurants.
This destination neighbourhood, within Glasgow's City Centre, has benefited from significant and ongoing redevelopment in the last few decades, with a mix of both residential and commercial redevelopment.
The property is in close proximity to Glasgow's Style Mile and Glasgow's International Financial Services District.
The area benefits from frequent public transport with easy access to Queen Street and Central train stations, and both Buchanan Street and St Enoch subway stations.
Public transport and road links are excellent. Parking spaces are available for rent in the vicinity.
Download the home report instantly here (if the link does not show, please visit our website and follow the description): Council Tax Band: G Tenure: Freehold Entrance Hall Lounge Kitchen WC Bedroom 1 Bedroom 2 En-Suite Rear Garden
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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About Flat 2/3, 149 Ingram Street, Glasgow
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