For Sale By Auction | 14:00, 18 July 2025

1/1, 12, 2/1 & 2/2 8 Mcnair Street, Glasgow, Glasgow G32 7NA

*Guide | £128,000 (plus fees)

  • Block of Apartments
  • Tenure: Freehold

Call the team on 0141 339 4466 for more information

Auction Date

Fri 18/07/2025

Auction Time

14:00

Auction Venue

Live Stream

Portfolio of four flats

This fantastic auction portfolio listing offers both outstanding added value potential and rental income in an area of strong rental demand. The portfolio comprises two x one bed flats and two x two bedroom flats over first and second floors within the same (and whole) block in the popular Shettleston area to the east of Glasgow city centre. Each of the flats requires a programme of refurbishment works internally, with the common areas also in need of attention. On completion of works, the published LHA rates offer potential rental income over the four units of £36,978 per annum, whilst strong rental demand may produce greater levels of income. This portfolio is an excellent opportunity for an existing landlord, or could equally be an ideal first step on your buy to let journey. Early viewing is essential to fully appreciate the outstanding value on offer. Council Tax Band: Flat 1/1: B. EPC Rating: C. Council Tax Band: Flat 1/2: B. EPC Rating: C. Council Tax Band: Flat 2/1: C. EPC Rating: C. Council Tax Band: Flat 2/2: B. EPC Rating: D.

Tenure

Freehold

Area

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.

Local Authority

Glasgow City Council

Important Notice to Prospective Buyers:

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.

Additional Fees

Administration Charge - 3.6% inc VAT of the purchase price, subject to a minimum of £3600 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.