South Frederick Street, Merchant City, Glasgow City
RE

South Frederick Street, Merchant City, Glasgow City

By Rettie & Co

£ 165,000

Reviews

2 out of 5 stars

Rettie & Co says ..

This very generous one-bedroom apartment is situated on the second floor within the iconic GPO Building. Built circa 1878 and converted into 61 residential apartments in 2002, the development is centrally located within Glasgow’s Merchant City. Extending to over 784 sq ft. The building bene...

Property Oracle says ..

This one-bedroom apartment is located in the prestigious Merchant City area of Glasgow, within the iconic GPO building. The building itself boasts stunning architecture, dating back to 1878. The apartment benefits from a spacious floor plan of over 784 sq ft, an attractive feature for city centre living. The interior is presented in fair condition, with light-toned walls and hardwood floors. While the kitchen and bathroom appear functional, a modernising update might be beneficial to increase desirability. The lack of outdoor space is a common characteristic of city centre apartments and will limit appeal to those who value a garden. The apartment’s central location offers easy access to shops, restaurants, and excellent transport links such as Glasgow Queen Street and Argyle Street stations, which are within walking distance. The price appears competitive within the context of the Glasgow City Centre market, although detailed comparable sales data to precisely determine market value is lacking. Overall, this property would appeal to buyers seeking a spacious, centrally located apartment with access to city amenities, but who are unconcerned by the absence of outdoor space and are willing to potentially upgrade the internal décor to their own tastes.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
9
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
784.69

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
187,350.00 £
Decreased by 5.41 %
from 198,063.00 £
Est sale value
197,741.88 £
Increased by 16.13 %
from 170,277.73 £
Average area rental value
1,626.00 £/mo
Increased by 1.75 %
from 1,598.00 £/mo
Est letting value
1,569.38 £/mo
Increased by 100.00 %
from 784.69 £/mo
Est rental Yield
10.41 %
Increased by 7.54 %
from 9.68 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Rettie & Co created the listing.

Images

External Living Room Living Room View Communal Gym External Dining Kitchen Dining Kitchen Bedroom Bathroom Hallway Communal Gym Communal Entrance External Living Room Living Room Living Room Bedroom Bedroom Bathroom External Dining Kitchen Dining Kitchen Hallway

Nearby Streets

NameAverage PriceAverage SqftDistance
Cochrane Street £ 000.00 KM
Royal Exchange Court £ 200,00000.00 KM
Argyll Arcade £ 000.00 KM
Dundas Street £ 000.00 KM
Shuttle Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Glasgow Queen Street9950GLQ0.33 KM
Argyle Street9961AGS0.36 KM
Glasgow Central9813GLC0.93 KM
High Street (Glasgow)9909HST1.01 KM
Charing Cross (Glasgow)9911CHC2.33 KM

Nearby Listings

AddressPriceTypeScoreDistance
South Frederick Street, Merchant City, Glasgow City £ 165,000BUY5 / 100.00 KM
South Frederick Street, City Centre, Glasgow £ 150,000BUY5 / 100.01 KM
South Frederick Street, Merchant City, Glasgow City £ 500,000BUY9 / 100.02 KM
South Frederick Street, Glasgow, Glasgow City, G1 £ 140,000BUY6 / 100.02 KM
South Frederick Street, Glasgow, G1 £ 140,000BUY6 / 100.02 KM