2/2, 31 Ibrox Street, Glasgow, Lanarkshire, G51 1SN
- PROPERTY TYPE
Apartment
- BEDROOMS
1
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- EXCELLENT OPPORTUNITY TO ACQUIRE A FULLY LET ONE BEDROOM FLAT AT IBROX STREET
- GREAT RETURN OF 12% WITH ASSET MANAGEMENT BASED ON THE GUIDE PRICE
- IDEAL FOR FIRST TIME BUYERS AND INVESTORS
Description
Tenant has been in the property for many years and would like to remain. The rent has always been paid on time and is currently £650pcm. There is a potential rent increase due in August to £725pcm however the market rent for this property is c£850pcm.
Based on the Guide Price and the market rent this property returns a 12% yield.
Positioned on the second floor, the property welcomes you with a bright and spacious living room, enhanced by large windows that flood the space with natural light. The well-proportioned double bedroom provides a comfortable retreat, while the fitted kitchen offers ample storage and workspace, ideal for everyday living. A neatly presented bathroom completes the accommodation.
The flat benefits from classic period features, including high ceilings and generous room sizes, while also offering practical modern comforts. Secure entry and a well-maintained communal stairwell add to the appeal.
Located in the popular Ibrox area, the property enjoys excellent local amenities, including shops, cafes, and transport links. Ibrox Subway Station is within easy walking distance, providing quick access to Glasgow city centre, while nearby road links make commuting straightforward.
This is a fantastic opportunity to acquire a well-located, easy-to-maintain home with strong rental potential in a sought-after area.
***RECENT NEARBY RESIDENTIAL PROPERTY SALES***
- Flat 1/3, 3 Percy Street, Glasgow, G51 1NZ - Flat, 1 bedroom - SOLD DEC'25 - £135,000
- 374, Langlands Road, Glasgow, G51 4LE - Flat, 3 bedroom - SOLD DEC'25 - £136,000
- Flat 3/1, 14 Rutland Court, Glasgow, G51 1JZ - Flat, 2 bedroom - SOLD DEC'25 - £160,000
***Govan is a district, parish, and former burgh now part of southwest Glasgow, Scotland. It is situated 2.5 miles (4 kilometres) west of Glasgow city centre, on the south bank of the River Clyde, opposite the mouth of the River Kelvin and the district of Partick.***
***Govan offers amenities including the Glasgow Science Centre, OVO Hydro, Govan Cross Shopping Centre, and access to the Govan Subway Station and Govan Bus Terminal for transport. Residents also benefit from pedestrian and cycle access to Partick via a new bridge, and amenities like secure entry, superfast internet, and electric car charging points are available in new developments.***
***Glasgow is the largest city in Scotland, and the city centre is busy and thriving, with no shortage of demand for office space***There are many transport links to and from the city, with the M8 motorway running through the centre and two large train stations, as well as multiple bus routes into and within the centre***Local amenities include a high number of restaurants, bars, nightclubs, theatres and cinemas***The M8 Motorway network provides easy access for commuting across central Scotland as well as Glasgow International Airport.***
GUIDE PRICE: £85,000
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Brochures
Legal DocumentsOnline Bidding- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
2/2, 31 Ibrox Street, Glasgow, Lanarkshire, G51 1SN
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Visit our security centre to find out moreDisclaimer - Property reference 342379. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Online Property Auction Scotland, Glasgow. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Online Property Auction Scotland, Glasgow on 0141 673 3844.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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