Development Opportunity/Lock-Up Garages
Address
Crofthill Road, Glasgow, Lanarkshire, G44 5NN, Scotland
Auction date
27 Aug 2025
Guide price
£80,000
Type
Commercial
Tenure
Unknown
EPC Rating
Unknown
Auctioneer
Online Property Auction
Description
FOR SALE BY ONLINE AUCTION on August 27, 2025, at 9:00 AM. This is a fantastic opportunity to acquire a development site that could be transformed into four flats or two semi-detached houses, with a gross development value exceeding £500,000, subject to planning consent.
Currently, six garages are available (four are let and two vacant) with a potential annual rental income of £12,000, yielding 15% at the guide price.
This area is popular, surrounded by various amenities including schools, parks, and local shops. The property has a strong investment potential within a residential neighborhood.
Last update: 26 Jul 2025