Development Opportunity/Lock-Up Garages
Address
Crofthill Road, Glasgow, Lanarkshire, G44 5NN, Scotland
Auction date
23 Jul 2025
Guide price
£80,000
Type
Other
Tenure
Unknown
EPC Rating
Unknown
Auctioneer
Online Property Auction
Description
FOR SALE BY ONLINE AUCTION on the 23rd of July 2025 at 9.00 AM. This is a fantastic opportunity to acquire a potential development site that could be converted into 4 flats or 2 semi-detached houses, yielding a gross development value above £500k, pending planning approval. Alternatively, if maintained as garages, the 6 garages could generate a rental income of £12,000 per year, with current rentals offering a 15% yield at the guide price.
Situated in a residential area of Croftfoot in Glasgow's Southside, known for its demand, the property is close to essential amenities and schools with good transport links available. This site presents a unique investment opportunity.
Last update: 28 Jun 2025
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