FOR SALE BY ONLINE AUCTION WEDNESDAY 17TH OF SEPTEMBER 2025 AT 9AM - ***AN EXCEPTIONAL OPPORTUNITY TO ACQUIRE A COVETED CITY CENTRE PROPERTY***OUTSTANDING POTENTIAL FOR RESIDENTIAL CONVERSION OR MIXED USE DEVELOPMENT***LOCATED ON HOPE STREET, ONE OF GLASGOW'S MOST PROMINENT STREETS***OFFERS AN ATTRACTIVE PROSPECT FOR DEVELOPERS AND INVESTORS SEEKING TO CAPITALISE ON THE GROWING DEMAND FOR URBAN LIVING IN THE HEART OF THE CITY***
- Situated directly opposite Glasgow Central Station and within walking distance of Buchanan Street, George Square, and key cultural, retail, and business hubs, this property is perfectly positioned for premium residential units. The area boasts excellent connectivity via rail, subway, and road networks, ensuring unrivalled convenience for future residents.
*DEVELOPMENT HIGHLIGHTS*
- Prime city centre address with strong demand for residential accommodation
- Potential for luxury apartments, serviced apartments, or student living (subject to planning)
- Close to major employment zones, universities, retail destinations, and leisure amenities
- Excellent public transport links including Central Station, Queen Street Station, and Buchanan Street subway
- Surrounded by Glasgow’s vibrant nightlife, shopping, and dining scene
*Property Features*
- Flexible existing layout suitable for conversion and redevelopment
- Secure access and rear servicing options
***GREAT INVESTMENT OPPORTUNITY***
The property offers a rare chance to create a high-value residential scheme in one of Scotland’s fastest-growing city centre markets. Demand for city living remains strong, driven by professionals, students, and investors seeking prime Glasgow locations. Potential development of multiple 1, 2 or 3 bedroom apartments.
***RECENT NEARBY RESIDENTIAL PROPERTY SALES***
- Flat 3/3, 21 Hope Street, Glasgow, G2 6AB - 2 bedroom - SOLD APR'24 - £218,000
- Block A, Flat 8/3, 350 Argyle Street, Glasgow, G2 8ND - 2 bedroom - SOLD JUN'25 - £242,888
- Flat 4/8, 136, Renfield Street, Glasgow, G2 3AU - SOLD APR'25 - £205,000
***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: £120,000
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Please note that as per the Estate Agents Act 1979 the vendor of the property is a connected party.
Prime city centre address with strong demand for residential accommodation
Potential for luxury apartments, serviced apartments, or student living
Close to major employment zones, universities, retail destinations, and leisure amenities
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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