BTS in Glasgow (West End)

Flip in Glasgow (Probate) - Renovation Project

Home Report Survey and Valuation Available.

An interesting opportunity to secure a 3-bedroom flat in the popular Kelvindale area of Glasgow (West End). This blank canvas renovation project offers strong upside potential for seasoned developers seeking value in a high-demand area (similar properties sold over £175k in the last 9 months).

This 3-bedroom top floor flat is offered through an estate execution and is sold as seen.

Key Highlights:
- 71 sq m, flexible layout with hidden value (kitchen relocation)
- Full renovation in every room with particular attention required to the ceilings, attic and roof
- Cash purchase, EPC: F

Deal Breakdown:
▪ Purchase price: £93,000
▪ GDV: £170,000
▪ Refurb costs: £34,000
▪ Purchase costs: £104,940
▪ Profit once sold: £31,310
▪ ROCE: 23%
▪ Profit: 18%

This deal presents an excellent opportunity for a visionary investor or hands-on developer to maximise the profit potential offered by this traditional flat in a popular and well-connected area.

For further information or to discuss this opportunity in more detail, please get in touch