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Guide price

£99,750

Parking for sale

30 Ripon Drive, Glasgow, Glasgow City G12

  • Auction

  • Freehold

Key information

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About this property

  • ***to acquire full parade of 9 garages in ripon drive, kelvindale, glasgow in glasgow's highly sought after west end***

  • ***huge break up potential***

  • *** Seldom brought to the market***

***full parade of 9 garages in ripon drive, kelvindale, glasgow***

Investment / Development Opportunity to buy a full parade of purpose built lock up garages in Glasgow's Highly Sought after west end ***huge break up potential*** Seldom brought to the market**

Located within the heart of the Exclusive Kelvindale district of Glasgow's West End*** Easily Accessible & secure location*** Various uses including storage & private parking*** Potential yield of 21.6% annual Return***

High density Kelvindale district of Glasgow, these garages offer a rare & potentially Lucrative high yielding opportunity. Possible rental income of £21,600 per annum (£200 pcm per garage)***Post Refurbishment***

The garages have an estimated break-up value of £198k (£22k per garage) if sold individually ***High Demand for rarely available garages in this area*** Ideal for owner occupiers in the locale vicinity***

Easily Accessible & secure location*** Excellent Storage or Investment potential***First Time on the open market in over 30 years*** Heavily discounted price to ensure sale ***Interest should be noted to auctioneers***

***first time on the open market in 30 years*** A rare opportunity to purchase an unbroken Parade of Lock Up Garages in the heart of the leafy district of Kelvindale in Glasgow's highly sought after West End***huge break up potential*** Seldom brought to the market** ***High Density Location *** Currently fully let at a low rent*** asset management opportunity***This is a unique and rarely seen in opportunity in Glasgow*** Individually Broken up, this Fabulous Parade of Garages has an estimated value of £198,000 (£22,000 per garage)*** Once in a lifetime opportunity** ***High Density Location ***The expected rental value of a new garage unit in this location is £200 pcm equating to an annual combined income of £21,600****** Estimated 21.6%+ Rental Return at Guide Price. The property is in a fantastic secure location close to Anniesland Cross and train station in a high density area with a shortage of private parking spaces and storage facilities. The local area plays host to a number of social & recreational amenities including the shopping district of Byres Road, the entertainment hub of Ashton Lane & The World Renowned Botanic Gardens off Queen Margaret Drive.***This is a rarely available opportunity To acquire within a Premier district in Glasgow's Highly Desirable West End***This is a unique opportunity seldom seen for sale in Glasgow. We expect substantial interest from professional investors & developers. Buyers with vision will be able to see the incredible potential of the subjects."

guide price: £99,750

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