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See how verdicts work2-bedroom flat · G4 9TB
Sold STCReduced £6k (−2.4%) on 27 OctListed 195 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Generously extending to over 1,000 sq ft, this elevated ground floor loft style apartment is both stylish and inviting with its striking Modern Transitional aesthetic.
Modernised and comprehensively upgraded with a refitted kitchen and bathrooms, during its current ownership, this contemporary two-bedroom, two-bathroom warehouse conversion forms part of the iconic and highly desirable Speirs Wharf development which is conveniently located on the edge of the city and right on the banks of the Forth & Clyde Canal.
The wharf buildings date back to 1846 and were converted to provide a mix of residential and commercial spaces in the 1980s which has proved to be an extremely popular location due to proximity to the City Centre, the West End and the excellent transport links via the M8 motorway.
The development also boasts a deli restaurant, a spa, off street parking, well equipped residents’ gym, a lovely residents’ indoor heated swimming pool and spa and bike storage.
Accessed via security barrier to parking and secure entry to communal hallway, three stairs lead to the landing where you will find the flat almost immediately on the left-hand side.
The entrance door leads to a vestibule providing cloakroom storage and access to the welcoming hallway.
Glass panelled doors lead into the main living space which has dedicated dining area, a large living space spanning 20 ft, two recessed windows facing west over the cobbled street towards the Canal and beyond, flooding the room with natural light and there is access to the re-fitted and modern kitchen fitted with well-considered storage and integrated appliances.
The l-shaped hallway has two cupboards, notable features include the main shower room, having recently been beautifully re-fitted in Victorian Revival Style with walk in shower, sink inset in marble vanity unit and striking green tiling, there are two generous double bedrooms both with fitted wardrobes and one with en suite bathroom.
Throughout the apartment there are feature structural columns, stylish black woodwork and the property has double glazing and electric heating.
The development offers an urban lifestyle with excellent transport links and viewing is highly recommended.
Situation: The Speirs Wharf - ware house at river front - buildings are situated on the banks of the Forth and Clyde Canal and are conveniently located for access to the City Centre, the Merchant City, Financial District, and all West End amenities including Glasgow University, Botanic Gardens and Kelvingrove Park & Art Galleries.
The property is in pro Strathclyde & Caledonian Universities, the Glasgow School of Art, Royal Conservatoire and the Merchant City offering a wealth of amenities including both general and specialist shopping, wine bars and many highly acclaimed restaurants.
The area benefits from close proximity to Cowcaddens Underground (5 minute walk) and to the nearby M8 motorway network ensuring excellent commuter access throughout the Central Belt.
Travel Directions: From George Square proceed North onto North Hanover Street. Turn left onto Dobbie’s Loan continuing onto Craighall Road.
Proceed through the roundabout, continuing on Craighall Road. Turn left into Speirs Wharf where you will find No.
12 immediately after the Ocho Café and Spa at the start of the building on the right-hand side. EPC Rating: F Council Tax Band: E
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 Speirs Wharf, Port Dundas, Glasgow City
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