183A Hope Street, Glasgow, G2 2UL
PR

183A Hope Street, Glasgow, G2 2UL

By Prime Property Auctions (Scotland) Ltd

£ 220,000

Reviews

2 out of 5 stars

Prime Property Auctions (Scotland) Ltd says ..

Prime Property Auctions New Entry Rarely available commercial unit set in a busy Glasgow City Centre Street- Guide Price £220,000.  Rental potential of 35,000 per annum, £2920per month which provides an excellent 14% yield based on a guide price of £220,000. Property is sure to appeal to in...

Property Oracle says ..

This property is a commercial unit located on Hope Street in Glasgow City Centre. The building’s exterior presents a well-maintained and attractive façade, typical of the area’s architecture. However, the internal images tell a different story. The interior requires significant attention, with much of the furniture appearing disused or damaged. The floors exhibit wear and tear, and the overall impression is one of disuse or neglect requiring substantial refurbishment. The property does benefit from a highly desirable central Glasgow location, and potential rental income of £35,000 is suggested, making the list price of £220,000 potentially appealing to investors. However, prospective buyers should budget for renovations and factor the costs into their investment decision. The lack of specific details regarding the property’s size makes a precise assessment of value per square foot challenging. The location is a significant selling point, and with careful consideration of refurbishment costs, this property could prove to be a worthwhile investment opportunity in a thriving commercial district. Proximity to Glasgow Central Station provides excellent transport links, making it an attractive proposition for various commercial activities. Further investigation of the property’s precise dimensions, lease terms (if applicable), and required refurbishment costs is recommended before making any purchasing decision.

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
4
Location
9
Land
1
Bedrooms
0
Bathrooms
0

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 £
Average area rental value
1,626.00 £/mo
Increased by 1.75 %
from 1,598.00 £/mo
Est rental Yield
10.41 %
Increased by 7.54 %
from 9.68 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Prime Property Auctions (Scotland) Ltd created the listing.

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Renfield Lane £ 000.00 KM
Renfrew Lane £ 000.00 KM
Port Dundas Place £ 000.00 KM
Dundas Street £ 000.00 KM
Adams Court Lane £ 44,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Glasgow Central9813GLC0.36 KM
Glasgow Queen Street9950GLQ0.74 KM
Argyle Street9961AGS1.03 KM
Charing Cross (Glasgow)9911CHC1.31 KM
Anderston9965AND1.46 KM

Nearby Listings

AddressPriceTypeScoreDistance
183A Hope Street, Glasgow, G2 2UL £ 220,000BUY5 / 100.00 KM
Bath Street, Glasgow, G2 £ 55,000BUYUnknown0.09 KM
Robert Owen House, 87 Bath Street, Glasgow, G2 2EE £ 50,000BUY6 / 100.10 KM
Bath Street, Glasgow, G2 £ 55,000BUY5 / 100.10 KM
Bath Street, Glasgow, G2 £ 50,000BUY6 / 100.10 KM