2-bedroom flat · G31 1SZ
Sold STCListed 229 daysAuction 8 Apr · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This ground floor, two-bedroom flat offers an excellent opportunity for buyers seeking a project with great potential.
Positioned within a wellestablished residential block, the property requires comprehensive upgrading throughout, making it ideal for developers, investors, or anyone looking to add value.
Internally, the layout comprises a spacious lounge, kitchen, two wellproportioned bedrooms, and a bathroom, all of which would benefit from modernisation.
The flat enjoys level access from the communal entrance, making it well-suited for a range of purchasers once refurbished.
Externally, the property is set within shared grounds with onstreet parking available nearby. Its location provides convenient access to local shops, public transport links, and everyday amenities.
Representing a fantastic opportunity to transform the accommodation to personal specification, this property is offered for sale by auction on 8th April.
Potential Purchase Price: £84,995 Potential Rental: £950PCM Potential Yeild: 13% Located in the everpopular district of Dennistoun, this ground floor, two-bedroom flat presents an excellent opportunity for investors, developers, and buyers seeking a valueadd project in one of Glasgow’s most vibrant residential neighbourhoods.
The property requires full upgrading throughout, offering fantastic scope to modernise and add significant value.
Internally, the accommodation comprises a spacious lounge, kitchen, two wellproportioned bedrooms, and a bathroom, all of which are in need of refurbishment.
The flat benefits from groundfloor access, typical of the area’s traditional red sandstone tenement design, and sits within a wellestablished residential street close to local amenities.
Dennistoun continues to be one of Glasgow’s most soughtafter postcodes, thanks to its thriving café culture, excellent public transport links, and proximity to the City Centre, Glasgow Royal Infirmary, and universities—making it a strong choice for both rental and resale markets.
This property offers exceptional potential once upgraded and is ideally suited to those looking for a renovation project in a highdemand location.
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.
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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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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 Reidvale Street, Dennistoun, Glasgow, G31
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