(COPY of) West Regent Street, City Centre, Glasgow, G2 - Image 1

(COPY of) West Regent Street, City Centre, Glasgow, G2

Scotland

£2,200,000

Listed on 04/02/2026

Property Details

Bedrooms

Type

Residential Development

Description

This substantial property presents a remarkable renovation and investment opportunity in Glasgow, encompassing a total area of 33,553 square feet. With approved planning permission in place for a serviced apartment scheme, there is potential to construct 96 studios and one-bedroom apartments aimed at short-term lets. This could generate an impressive annual income estimated at £3 million. Additionally, recent interaction with Glasgow City Council regarding the possibility of transitioning to student accommodation has yielded positive feedback, further expanding the scope for development. This property invites creative visionaries looking to capitalize on the strong demand for rental accommodations in this vibrant city.

Investment Analysis

(G2 area)

Area Average

£252/sq ft

Avg Rent (weekly)

£299

Avg Yield

10.5%

Renovation Potential

Heavy Refurb

Est. Renovation Cost

£600,000 - £1,000,000

Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.

Monthly Sales

Average per month

Market Turnover

26%

Properties sold annually

Local Market Trend (G2)

Area prices are rising by +14.2% over the last 12 months

3 year growth: +9.1%

5 year growth: +10.6%

Investment Disclaimer: Analysis based on G2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

(COPY of) West Regent Street, City Centre, Glasgow, G2

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Mortgage Calculator

Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments

£8,311

Based on a loan of £1,650,000 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.