4TH FLOOR, ATTIC, 118 Sauchiehall Street, Glasgow, Lanarkshire, G2 3DH

Description

An exceptional opportunity to acquire the attic floor of a prominent city centre building on Glasgow's renowned Sauchiehall Street, offering an exciting development prospect. The property occupies the entire fourth-floor attic level and offers scope for refurbishment, redevelopment and potential residential conversion subject to obtaining the necessary planning consents.

Accommodation

Characterful fourth-floor attic accommodation, accessed from the main stairwell with its own private staircase. It currently has its own WC and shower room, with space for expansion into the eaves.

Location

Situated in the heart of Glasgow City Centre on Sauchiehall Street, with immediate access to retail, leisure and hospitality amenities. Glasgow Central and Queen Street railway stations, Buchanan Bus Station and the city's public transport network are within easy walking distance.

Investment Analysis

The £100,000 guide is the only supplied price evidence. No completed sales, rental comparables, GDV, measured area, tenure details, planning status or refurbishment budget are provided, so market value and development viability cannot be reliably quantified. The opportunity is explicitly described as a potential refurbishment/redevelopment and residential conversion, subject to planning consent.

Investment Snapshot

Strategy Recommendation

Treat as a conditional development opportunity only. Do not rely on BTL or a flip appraisal until planning, title, measured area, building condition, conversion feasibility and resale evidence have been verified.

Works Required

Investigate and, if viable, refurbish the existing attic accommodation, including the current WC and shower room, with any expansion into the eaves and residential conversion subject to obtaining the necessary planning consents. Scope and costs cannot be estimated from the supplied evidence.

Rental & Market Context

Potential BRRR Position

A planning-led purchase/refurbishment/refinance strategy may be possible, but GDV, works cost, rent and refinance value are unsupported. The proposal depends on confirming title and rights, obtaining necessary planning consents and establishing a viable residential layout and valuation before bidding.

Buy-to-Let Analysis

BTL analysis cannot be established. No sufficiently specific rental comparable, auctioneer rent estimate, confirmed residential use, bedroom count, floor area or conversion consent is supplied. The existing accommodation is described as attic space with a WC and shower room, not as a completed residential dwelling.

Flip Analysis

A flip appraisal cannot be quantified because there is no supported GDV, floor area, planning consent, refurbishment budget, selling allowance or comparable evidence. Any resale strategy would be conditional on securing the relevant consents and defining the completed use and specification.

Investor Risks & Due Diligence

• Residential conversion is subject to obtaining necessary planning consents.

• Tenure, lease and occupancy information is not supplied.

• No measured floor area or detailed condition survey is provided.

• No refurbishment budget or development cost evidence is available.

• No sufficiently specific rental or sales comparable evidence is supplied.

• Buyer’s Premium applies, but its amount is not supplied; additional fees may also apply under the legal pack or special conditions.

• Access is via the main stairwell with a private staircase, so title, access rights and building obligations require legal verification.

Recommendation

Treat as a conditional development opportunity only. Do not rely on BTL or a flip appraisal until planning, title, measured area, building condition, conversion feasibility and resale evidence have been verified.

Strategy Rating

Analysis Confidence

Only a guide price and descriptive particulars are supplied; key inputs including tenure, area, planning position, condition, costs, GDV, rent and comparable evidence are absent.