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One-bedroom first floor flat
Glasgow, G2 - Get Access
1 bed
1 bath
Description
This is a traditional one-bedroom first-floor flat located within a notable city centre development comprising residential flats and ground-level commercial units. The property is currently tenanted, presenting a residential investment opportunity. The accommodation includes an entrance hall, a living room with an integrated kitchen area, one double bedroom, and a bathroom. It features electric heating and double glazing. The RICS Home Report values the property at £140,000. Situated in a great location, Renfrew Chambers offers a wealth of nearby amenities. This is a freehold sale. The apartment is located in the heart of the City Centre, with excellent shopping, dining, and transport links nearby, including Buchanan Street, Glasgow Queen Street train station, and Glasgow Central train station. The building, Renfrew Chambers, is a substantial and prominent red sandstone building from the turn of the Victorian period. It features a video security entry system, a communal entrance hallway, and lift or stair access to each level. The property is managed by Countrywide Lettings, with a current rent of £875 pcm, equating to £10,500 per annum, offering an approximate yield of 8%. It is in close proximity to numerous health clubs, the Glasgow Film Theatre, Glasgow School of Art, The Royal Conservatoire, The Theatre Royal, and the Royal Concert Hall. Public transport is readily accessible with nearby bus services and subway stations, as well as easy access to the M8 motorway network. The building was converted and developed into residential accommodation around 2004, taking its name from Renfield Campbell of Blythswood’s estate. The EPC rating is Band B. The property has a smoke alarm, secure entry system, and a carbon monoxide detector.
Comparable sales
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Estimated market value
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Range:
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Medium confidence
Floor Area Estimated: 480 sq ft
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