1-bedroom flat · G1 5RJ
For saleListed 7 days
Opportunity summary
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About
Chic and cosmopolitan, set in a prized central location fizzing with a lively cultural scene.
This is a lovely example of a one-bedroom Glasgow tenement flat with an open outlook beyond the Tron Theatre, northward to Albion Street and open rear views.
The current owners have sympathetically refurbished the property during their ownership, upgrading the kitchen, bathroom, lighting, heating, wooden flooring and décor throughout; The refitted modern kitchen is literally brand new and has gorgeous tiling and amazing storage.
The living room is an absolute delight and has a broad bay window from which to contemplate the skyline and surrounding locus.
There’s a large recess providing a versatile area well suited to a dining or home working space.
The double bedroom, quietly set to the rear, is sizeable and has great storage along with a dressing room area off. The bathroom is delightful having a contemporary suite and swish tiling.
A secure entry system leads to the common close; staircase to third floor front door entry; welcoming L-shaped reception hall leads to all main apartments and has a large storage cupboard.
Generous living room featuring three tall casement windows, double glazed and viewing North over Parnie Street and beyond; the refitted kitchen has a range of base and wall mounted units with feature tiled splashback, integrated cooker and fridge freezer and space and plumbing for washing machine and a tall casement window; there is a modern bathroom with 3 piece white suite and over bath shower, fully tiled throughout and has with a walnut vanity drawer unit under the sink, tiled floor, heated towel rail; the sizeable bedroom with generous recess, tall casement windows facing south to the rear and surrounding rooftops and has a large walk-in wardrobe offering great storage as well as a handy ‘press cupboard’; the property has gas central heating and further benefits from access to a Residents Permit for parking.
Located by Trongate and known locally as the Arts Quarter, the property is situated on the south edge of the Merchant City, an area of Glasgow which has benefitted from significant revitalization over the last few decades, with a mix of both residential and commercial redevelopment.
This location offers unquestionably one of the most envied and prominent social locations Glasgow has to offer. Public transport and road links are also exceptional.
The property is conveniently located for access to the City Centre, International Financial Services District, where a wealth of amenities including both general and specialist shopping, wine bars and many highly acclaimed restaurants can be found.
The property is in close proximity to Strathclyde and Caledonian Universities and the City of Glasgow College.
The area benefits from frequent public transport with easy access to nearby stations; High Street, Argyle Street and main lines at Queen Street and Glasgow Central Train Station.
Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
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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FAQ
About Parnie Street, Glasgow
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