1 Bed Flat
Glasgow, Scotland
£55,000 Guide Price
Photos of 1 Bed Flat
Property Features
- Purpose-Built Income Generator!
- Move In Ready, Neutral Decor
- Oak Effect Flooring To Hallway & Lounge
- Total Area 312 sq. ft.
- Quiet No Through Road
- Residents Car Parking
- Close To Schools, Supermarkets & Shops
- Royal Alexandra Hospital 2 Min Drive
- University 8 Min Drive
- Glasgow International Airport 10 Min Drive
- Estimated Market Rent £500 pcm
- Gross Yield 10.9%
- Video On Request
Summary
Glasgow has the largest economy in Scotland with the 3rd highest GDP per capita of any city in the UK. The 2023 ‘metropolitan area’ population of Glasgow is 1,698,000, a 0.53% increase on 2022.Details
ECONOMY
Glasgow is Scotland’s largest city with a population of more than 635,000, sitting at the centre of a metropolitan region which generated £46.8bn GVA in 2020. In 2022, the leading industries in Glasgow City Region were public admin education & health, distribution, hotels & restaurants, banking finance & insurance etc., and transport & communication.
INVESTMENT
Glasgow City Region’s £1.13bn City Deal is one of the largest and the most advanced in the UK, with £500m provided for infrastructure investment and Local authorities contributing a further £130m. Overall, the city has seen £17bn of capital investment since 2011.
EDUCATION
Glasgow is home to a number of universities including University of Glasgow, University of Strathclyde, Glasgow Caledonian University & University of the West of Scotland.
HOUSE PRICES & RENTS
Prices in Glasgow rose by an average of 13.6% from 2021 to 2022. According to Halifax House Price Index, house prices in October 2022 were 8.3% higher than the same month a year earlier. The average rent in Glasgow currently stands at £1,464 per month, compared to the UK average of £1,175.
Floor Plans
