Guide price
£85,000
1 bed flat for sale2/2, 31 Ibrox Street, Glasgow, Lanarkshire G51
1 bed
1 bath
Just added
Auction
Freehold
About this property
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
For sale by online auction on Wednesday 29th of April 2026 at 9AM - ***excellent opportunity to acquire A fully let one bedroom flat at ibrox street***well located city base***ideal for first time buyers and investors***
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
To view legal documents for all properties, and to register for our online auctions please visit our website.
Purchases are subject to a Buyer's Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup / Special Conditions in the Legal pack to confirm.
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
To view legal documents for all properties, and to register for our online auctions please visit our website.
Purchases are subject to a Buyer's Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup / Special Conditions in the Legal pack to confirm.
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