3 Bed Terraced House, Single Let, Glasgow, G14 0LH, £128,000

Harbury Place, Glasgow, G14 0LH - 2 views - a year ago

BTL
ROI: 4%
~78 m²
+28 photos

ValuationUndervalued

Sold Prices£120K - £273.5K

 

 

Square Metres

~78 m²

Value Estimate

£134,250
BMV3%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£32,000

Stamp Duty & Legal Fees

£5,100

Total Cash In

£37,100

 

 

Cash Out

 

Rent Range

£850 - £1,300

Rent Estimate

£700

Running Costs/mo

£560

Cashflow/mo

£140

Cashflow/yr

£1,680

ROI

5%

Gross Yield

7%

Local Sold Prices

32 sold prices from £120K to £273.5K, average is £179.5K.

PriceDateDistanceAddressBeds 
£150K04/210 mi10, Harbury Place, Glasgow G14 0LH3
£170K04/210 mi54, Harbury Place, Glasgow G14 0LH3
£145K04/210 mi42, Harbury Place, Glasgow G14 0LH3
£170K02/210.09 mi8, Mellerstain Grove, Glasgow G14 0LQ3
£206.5K07/210.33 mi26, Halley Court, Glasgow G13 4DP3
£273.5K10/210.33 mi89, Holehouse Drive, Glasgow G13 3TF3
£246.5K10/210.36 mi28, Craggan Drive, Glasgow G14 0EW3
£262.3K07/210.36 mi16, Craggan Drive, Glasgow G14 0EW3
£165K12/210.46 mi68, Holehouse Drive, Glasgow G13 3AR3
£180.1K03/210.5 mi71, Yoker Mill Road, Glasgow G13 4PE3
£175K09/210.55 mi26, Dalgarroch Avenue, Clydebank, Glasgow G81 1EU3
£191.3K10/210.57 mi11, Commore Drive, Glasgow G13 3TU3
£130.5K07/210.58 mi21, Riddon Avenue, Glasgow, Gla G13 4NJ3
£128.5K12/210.59 mi12, Simons Crescent, Renfrew PA4 8TE3
£120K04/210.68 mi98, Brown Avenue, Clydebank, Dunbartonshire G81 1AS3
£165.2K03/210.7 mi58, Wyvis Quadrant, Glasgow G13 4LX3
£140K01/210.72 mi9, Ardsloy Place, Glasgow G14 0XH3
£235K11/210.72 mi26, Andrew Avenue, Renfrew, Renfrewshire PA4 8ZB3
£200K03/210.75 mi8, Crofton Avenue, Renfrew, Renfrewshire PA4 8ZD3
£144.3K12/210.76 mi53, Reelick Quadrant, Glasgow G13 4ND3
£144.3K11/210.79 mi14, North Lodge Road, Renfrew, Renfrewshire PA4 9AP3
£178K11/210.79 mi119, Kintillo Drive, Glasgow G13 3RW3
£202.5K07/210.81 mi311, Keal Drive, Glasgow G15 6XB3
£222K09/210.83 mi27a, Bleasdale Road, Renfrew, Renfrewshire PA4 8ZJ3
£181.2K06/210.83 mi12, Langley Avenue, Glasgow G13 3LE3
£128.5K10/210.89 mi9, Elm Avenue, Renfrew, Renfrewshire PA4 9AN3
£250K11/210.89 mi6, Fruin Road, Glasgow G15 6SQ3
£213.3K02/210.91 mi6, Danes Crescent, Glasgow G14 9AG3
£252K05/210.92 mi22, Crawford Drive, Glasgow G15 6SN3
£182.5K07/210.95 mi24, Kaystone Road, Glasgow G15 6QN3
£238K12/210.96 mi12, Douglas Drive, Glasgow G15 6SW3
£179K07/210.97 mi45, Merlinford Drive, Renfrew PA4 8XP3

Local Rents

14 rents from £850/mo to £1.3K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,20002/250.19 mi-3
£1,20004/240.28 miDunwan Place, Knightswood, Glasgow, G133
£1,20005/240.28 miDunwan Place, Knightswood, Glasgow, G133
£1,25004/240.3 miDyke Road, Glasgow, G133
£1,25005/240.3 mi-3
£1,09504/240.3 miLochlibo Avenue, Glasgow, G133
£1,29512/240.35 mi-3
£1,30011/240.39 mi-3
£85004/240.4 miLesmuir Drive, Glasgow3
£1,10005/240.4 miGlen Crescent, Yoker3
£1,05004/240.56 mi-3
£1,19504/250.56 mi-3
£95005/240.6 miDykebar Avenue, Knightswood, Glasgow, G133
£90004/240.6 miMillburn Avenue, Clydebank3

Local Area Statistics

 

 

Rental growth (12m)

+7%

Sales demand

Seller's market

Capital growth (5yrs)

+34%

Property History

Price changed to £128,000

October 8, 2024

Listed for £130,000

March 25, 2024

Sold for £133,000

2007

Sold for £127,000

2006

Floor Plans

Description

  • Buy-to-Let Opportunity +
  • Long Term Tenant Currently Situated +
  • Likely to attract enquiries from Serious Investors & Developers +
  • 3 Bedrooms +
  • Three Piece Bathroom and WC +
  • Lounge and Kitchen +
  • Driveway +
  • Prime Location Within Glasgow +
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack) +

Our latest listing is a 3 bedroom house located in Glasgow. It is in close proximity to valuable amenities, is able to generate rewarding rental returns and has a tenant currently situated.

For investors looking to expand their portfolio, this is a fantastic opportunity!

This well-kept home features 3 bedrooms, lounge, kitchen, three piece bathroom and wc, and driveway.

Investment details

It currently produces an annual gross income of £8,400 which could be increased by the new owner to a market rate of £13,800 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested in viewing the Home Report, please call us.

Tenancy Details

The current tenants have lived in the property for several years and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.

Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.

Agent Details

Let Property Sales & Management, Glasgow

0141 673 7973

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪