West End Residential Investment, Residential Investment Portfolio, Glasgow, UK, West End

There are a number of Mews Developments to the rear of Bank Street. We anticipate that the purchaser of 10/12 Bank Street will explore a similar development of the double garage, to further add value to the asset. The desirability and accessibility of the West End has seen continued investment throughout the years. This has resulted to very few residential developments of over 50 units coming to market and Capital Prices rising to between £300 - £350/sq.ft. generally. Offers invited for the whole portfolio, however offers for individual Lots will be considerd. The 34 West End portfolio comprises a mixture of one and two bed flats and HMO Licenced three, four and seven bed flats, across 13 addresses in the West End of Glasgow. While some are individual flats in tenement buildings, 23 flats (68% of the portfolio) is housed under 4 full townhouses. At the time of publishing, 96% of the investment properties within the portfolio are currently let on private residential tenancy agreements. Offers are invited for the whole portfolio or individual Lots as highlighted in the marketing brochure. The vendor proposes to dispose of the HMO assets as a Transfer of a Going Concern (TOGC). A TOGC will allow all HMO licences to be transferred without re-application.

Location