1-bedroom flat · G73 1JP
Sold STCListed 138 daysAuction 1 Jul · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the ground floor of a traditional tenement building, this property enjoys a convenient location close to an excellent range of local shops and amenities.
Offered for sale by auction on 1st July, this property is available to cash purchasers only and presents an ideal opportunity for investors or those seeking a first-time buy project.
The accommodation comprises a reception hall, bright bay-windowed lounge, double bedroom, fitted kitchen, and shower room. Further features include gas central heating and double glazing.
To the rear, there are well-maintained communal gardens with a grassed area and drying facilities. Sold as seen.
Rutherglen is a well-established town located to the south-east of Glasgow, known for its strong community feel, excellent transport links, and wide range of local amenities.
Often referred to locally as “Ruggy,” it combines the character of a historic town with the convenience of close proximity to Scotland’s largest city.
The area offers a good mix of traditional tenement properties, modern housing developments, and family homes, making it popular with first-time buyers, investors, and commuters alike.
Rutherglen Main Street is at the heart of the town, providing a variety of independent shops, supermarkets, cafés, bars, and restaurants.
Transport links are a key advantage, with Rutherglen railway station offering quick and regular services into Glasgow city centre, typically within minutes.
There are also frequent bus routes and easy access to the M74 motorway, connecting to the wider central belt.
For families and outdoor enthusiasts, Rutherglen benefits from nearby parks such as Overtoun Park, as well as local schools and leisure facilities.
Overall, it’s a convenient and affordable location that blends urban accessibility with a welcoming, community-oriented atmosphere.
We would urge you to register a couple of days in advance as we cannot guarantee you will be registered on time to bid if we only receive your documents on the day of the auction.
It is imperative that you register to bid in the name you wish the property to be registered with Land Registry on completion.
If buying in a company name, please ensure to detail the company name on the registration. Once the property is exchanged, the vendor could decline to accept any change.
Buyers should review the legal pack with their solicitor and ensure they do their own due diligence before deciding to purchase.
All property offered at auction is under an unconditional contract, requiring the successful buyer to pay a 10% non-refundable deposit and complete within the terms of the contract, which will normally be 14 or 28 days.
For these reasons, it is suitable for cash buyers only.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Queen Street, Rutherglen, Glasgow, G73
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