3-bedroom flat · G73 3BU
For saleListed 21 days
Opportunity summary
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About
Details Originally designed and built as Stonelaw High School by the renowned Glasgow architect James Jackson Craig around 1885, this striking landmark building was sympathetically converted and refurbished by Messrs Laurieston Homes in 2002 to form a unique collection of just twenty-nine apartments, set within beautifully maintained grounds in the heart of Rutherglen.
Residents benefit from a renewed video-controlled door entry system, a truly breath-taking central atrium at the heart of the building, and the property comes with an allocated parking space.
The apartment is presented to an excellent standard throughout, combining tasteful décor with quality flooring, a contemporary fitted kitchen with integrated appliances, and a luxurious four-piece family bathroom.
Further benefits include double-glazed windows and gas-fired central heating, provided by a Vokera combination boiler.
The accommodation begins with a welcoming entrance hallway, featuring two useful storage cupboards and a staircase leading to the upper floor.
The spacious lounge creates an excellent first impression, enjoying an abundance of natural light through generous double-aspect windows.
From the lounge, the accommodation flows seamlessly into a bright and inviting dual-aspect dining room, providing an ideal space for both everyday living and entertaining.
A versatile study/playroom is located off the dining area, offering valuable additional space that can be adapted to suit a variety of needs, whether as a home office or children’s playroom.
The modern fitted kitchen is well equipped with a comprehensive range of wall and base-mounted units, complemented by integrated appliances including a fridge freezer, oven and gas hob with ample space for freestanding appliances.
Upstairs, a bright and spacious landing provides access to three well-proportioned bedrooms.
Two of the bedrooms benefit from excellent built-in wardrobes, providing generous storage and hanging space. Completing the upper level is the beautifully appointed four-piece family bathroom.
The property is quietly situated in this sought-after pocket of Rutherglen and is conveniently placed for access to a host of local amenities including schools at both primary and secondary levels, shops, and public transport services.
The nearby Rutherglen Main Street and Stonelaw Road provide a more extensive range of amenities including supermarkets, bars, restaurants, and train stations for easy commuting to Glasgow City Centre and the surrounding areas.
In addition to this, there are excellent road links close by giving easy access to Glasgow City Centre and the central belt motorway network system.
The Energy Performance rating on this property is Band C.
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 Flat 1, 2 Melrose Avenue, Rutherglen, Glasgow
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