Guide price

£1,500,000

50 bed flat for sale
190-210 Fielden Street, Glasgow, East End G40

    • 50 beds

    • 50 baths

  • Auction
  • Freehold

REAL Property Scotland T/A Town and Country Property Auctions

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About this property

    Guide Price £1,500,000 For sale by unconditional online auction on the 29th of April 2026.

    Registration is now open, bidding opens on 29th of April 2026 and ends on 29th of April 2026


    Town & Country Property Auctions present a rare opportunity to acquire a full residential block in East End Glasgow generating £576,000 per annum, with an estimated end value of £14M!

    Description
    Fielden Street Apartments, Glasgow (G40 3TX)

    Guide Price: £1,500,000
    Estimated Value: £14,000,000

    Exceptional Value Opportunity Full Block Acquisition High-Yield Residential Investment

    Town & Country Property Auctions proudly present a rare, large-scale investment opportunity ideal for developers, portfolio landlords, and high-net-worth investors seeking full block ownership, strong yield, and significant capital uplift. Set within a historic 19th-century former sewing factory (circa 187273), this iconic Glasgow building offers a clear value-add strategy, positioned in one of the city's fastest-growing regeneration areas.

    The development comprises a mix of 1,2, and 3-bedroom apartments, with two full blocks already refurbished (circa 6 years ago). A third block of 16 units remains unrefurbished, presenting a defined opportunity to add value, with estimated refurbishment costs of £500,000.

    Comparables:
    Flat 2/1,53, Dalmarnock Drive, Glasgow G40 4LS £102,500 (1 bed)
    2/1,2 Comelypark Street, Glasgow G31 1TA £125,000 (2 bed)
    Flat 1/1,2 Comelypark Street, Glasgow G31 1TA £137,500 (2 bed)
    Flat 0/1,4 Comelypark Street, Glasgow G31 1TA £180,000 (3 bed)

    Rental Potential:
    1 beds £750£800 pcm
    2 beds £1,000+ pcm
    3 beds £1,200+ pcm

    £48,000 per month income potential
    Yield: 38.4% based on Guide Price

    Located minutes from Celtic Park and Dalmarnock railway station, the property benefits from excellent connectivity into Glasgow city centre. The surrounding area is undergoing major transformation, including a 173-home development backed by £19M funding (completion 2027) and a wider £100M+ regeneration pipeline, bringing new housing, retail, and public spaces.

    The long-term growth story is driven by the Clyde Gateway Innovation District, delivering over 1 million sq ft of commercial and tech space and expected to create 1,400+ jobs, further increasing housing demand. Combined with major infrastructure upgrades including the M74 extension and enhanced transport links, the area is rapidly evolving into a high-demand residential and economic hub.

    Offered at a significant discount to its estimated value, this is a standout opportunity to acquire a landmark Glasgow residential block with scale, strong yield potential, and substantial long-term upside.

    A rare chance to secure a high-performing asset in a rapidly transforming location.

    *Additional land, industrial units, and associated assets may also be available by separate negotiation, offering further development and expansion potential for incoming investors*

    Legal Pack
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    Auction Information
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