Part of a portfolio of four flats
Flat 1/1, 8 McNair Street, Glasgow G32
£27,500
18 July 2025
GUIDE PRICE
AUCTION DATE
- Flat
- 1 Bedroom(s)
This fantastic refurbishment project enjoys popular location in the Shettleston area, approximately five miles east of Glasgow city centre. This flat is a first floor flat, in a block of four flats overall, comprising lounge, kitchen, one bedroom and bathroom. The property requires a full programme of refurbishment, both internally and in common areas, which is reflected in the competitive guide price and offers a great opportunity to add value through works. On completion of works, the published LHA rate offers an attractive potential rental income of £8,317 per annum, with strong rental demand suggesting that rental income above this level may be achievable. This property is being offered as part of a portfolio with the three other flats in the same block (1/2, 2/1 and 2/2), but the sale of individual units may be considered. Early viewing is essential to fully appreciate the outstanding value on offer. Council Tax Band: B. EPC Rating: C. Freehold McNair Street enjoys convenient east end location, approximately five miles from Glasgow city centre. This area is well-connected with excellent transport links, including nearby Shettleston and Carntyne train stations, multiple bus routes, and quick access to the M8 motorway, making it ideal for commuting tenants working in the city centre or further afield. With local amenities, schools, parks, and retail options are all within easy reach. Current Rating C Glasgow City Council We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
1 1, 8 McNair St, G32
Guide Price
£27,500
Auction Date
18 Jul 2025
Time
14:00
Lot
6
Auctioneer
Auction House
Auction House
Auction House UK The Barn Newmarket Road Cringleford Norwich NR4 6UE
About Auction House
Auction House UK is a network of property auctioneers who cover the whole of the country. They operate over 40 auctions rooms nationwide, holding in excess of 200 auctions and selling over 3,000 properties every single year. They have won numerous industry awards over the past five years, including gaining the title of Residential Auction House of the Year and Franchise/Network Group of the Year on multiple occasions.