2 Bed Flat, Single Let, Glasgow, G52 2TU, £65,000

Mossview Quadrant, Cardonald, Glasgow, G52 2TU - 4 views - 8 months ago

Sold STC
BTL
ROI: 22%
~68 m²
+7 photos

ValuationUndervalued

Sold Prices£77.5K - £126K

 

 

Square Metres

~68.11 m²

Value Estimate

£77,500
BMV19%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£16,250

Stamp Duty & Legal Fees

£3,150

Total Cash In

£19,400

 

 

Cash Out

 

Rent Range

£675 - £1,200

Rent Estimate

£718

Running Costs/mo

£367

Cashflow/mo

£351

Cashflow/yr

£4,215

ROI

22%

Gross Yield

13%

Local Sold Prices

50 sold prices from £77.5K to £126K, average is £103.8K.

PriceDateDistanceAddressBeds 
£102K11/210.19 mi5, Blairgowrie Road, Glasgow G52 2TW2
£100K04/210.26 mi58, Kirriemuir Avenue, Glasgow G52 3DF2
£92K09/210.28 mi79, Pitlochry Drive, Glasgow G52 2TF2
£126K02/240.32 mi29, Tarfside Avenue, Glasgow G52 3DG2
£102.5K02/210.32 mi49, Tarfside Avenue, Glasgow G52 3DG2
£100K06/210.33 mi72, Crosslee Street, Glasgow G52 1SL2
£90K04/210.34 mi37, Maryland Drive, Glasgow G52 1SN2
£90K05/210.34 mi1980, Paisley Road West, Glasgow G52 3TB2
£80K04/210.36 mi93, Kirriemuir Avenue, Glasgow, Gla G52 3DP2
£105.1K04/210.36 mi88, Lammermoor Avenue, Glasgow G52 3EA2
£108.2K06/210.38 mi94, Crosslee Street, Glasgow G52 1SL2
£105.3K05/210.38 mi10, Bankfoot Road, Glasgow G52 2TE2
£85K06/210.39 mi927, Mosspark Drive, Glasgow G52 3BZ2
£125K02/240.39 mi133, Muirdrum Avenue, Glasgow G52 3AW2
£107.5K12/210.4 mi43, Gauldry Avenue, Glasgow G52 3DN2
£92K06/210.42 mi104, Barfillan Drive, Glasgow G52 1BD2
£115.5K08/210.46 mi20, Inchbrae Road, Glasgow, Gla G52 3HA2
£105K07/210.46 mi21, Inchbrae Road, Glasgow G52 3HA2
£120K02/240.47 mi187, Carsaig Drive, Glasgow G52 1AS2
£114K11/210.49 mi16, Hillbrae Street, Glasgow G51 4JJ2
£95K08/210.53 mi33, Bearford Drive, Glasgow G52 2JG2
£85K11/210.53 mi44, Innerwick Drive, Glasgow G52 2HY2
£100.5K11/210.55 mi85, Dryburn Avenue, Glasgow G52 2SA2
£110K12/210.55 mi72, Bearford Drive, Glasgow G52 2JF2
£116K11/210.57 mi59, Alness Crescent, Glasgow G52 1PH2
£120.3K06/210.57 mi62, Alness Crescent, Glasgow, Gla G52 1PH2
£123.1K05/210.57 mi87, Alness Crescent, Glasgow G52 1PH2
£90K11/210.57 mi44, Shieldburn Road, Glasgow G51 4HS2
£112K02/240.62 mi20, Merton Drive, Glasgow G52 2AT2
£115K02/240.62 mi108, Arisaig Drive, Glasgow G52 1PW2
£77.5K06/210.63 mi45, Carsaig Drive, Glasgow G52 1AU2
£85K03/210.63 mi39, Carsaig Drive, Glasgow G52 1AU2
£91.4K04/240.64 mi184b, Dormanside Road, Glasgow G53 5XU2
£88K10/210.64 mi23, Merton Drive, Glasgow G52 2AT2
£100.5K03/210.65 mi135, Dryburn Avenue, Glasgow G52 2AL2
£115K11/210.65 mi69, 1/1, Sunart Road, Glasgow G52 1DE2
£115.3K12/210.66 mi10, Sunart Road, Glasgow G52 1DF2
£110K10/210.67 mi34, Arnhall Place, Glasgow G52 1PT2
£115K07/210.69 mi241, Ashdale Drive, Glasgow G52 1PU2
£110K07/210.7 mi91, Merton Drive, Glasgow G52 2AS2
£120K02/240.73 mi557, Mosspark Drive, Glasgow G52 1QP2
£105K03/210.74 mi240, Aros Drive, Glasgow G52 1TH2
£79.5K06/210.76 mi161, Hartlaw Crescent, Glasgow G52 2JL2
£106.3K07/210.77 mi208, Chirnside Road, Glasgow G52 2LQ2
£77.5K11/210.77 mi16, Aberlady Road, Glasgow G51 4UT2
£88K07/210.78 mi78, Aberlady Road, Glasgow G51 4UT2
£82K02/210.79 mi59, Ascaig Crescent, Glasgow, Gla G52 1QW2
£85.1K05/210.79 mi11, Aviemore Road, Glasgow G52 1QJ2
£106K05/210.83 mi452, Mosspark Drive, Glasgow G52 1NG2
£80K11/210.84 mi318, Gladsmuir Road, Glasgow G52 2JY2

Local Rents

20 rents from £675/mo to £1.2K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£85010/240.08 mi-2
£92012/230.1 mi-2
£74505/240.12 miBerryknowes Road, Glasgow, G522
£75002/250.23 mi-2
£79505/240.29 miBerryknowes Road, Glasgow, G522
£85004/240.35 miTrinity Avenue, Cardonald, G522
£89510/240.37 mi-2
£79501/240.37 mi-2
£67512/230.39 mi-2
£95004/240.39 miPaisley Road West, Glasgow, G522
£95004/240.4 miMosspark Drive, Cardonald, Glasgow, G522
£85003/250.48 mi-2
£78504/240.49 miKinnell Square, Glasgow, G522
£1,20004/240.52 miDaviot Street, Govan2
£72504/240.53 miKinnell Path, Glasgow, G522
£99501/240.53 mi-2
£69504/240.54 miFlat 2/2 227 Kinnell Avenue, Glasgow2
£95004/240.55 mi18 Bearford Drive, Hillington, Glasgow, G52 2JG2
£82504/240.58 miKinnell Avenue,Glasgow,G522
£99503/250.61 mi-2

Local Area Statistics

 

 

Rental growth (12m)

+40%

Sales demand

Seller's market

Capital growth (5yrs)

+41%

Property History

Listed for £65,000

July 10, 2024

Floor Plans

Description

  • 2 Bedroom ground floor flat +
  • Sought after central location +
  • Privacy entry system +
  • GCH & DG +

XXXX CLOSING DATE SET FOR TUESDAY 23RD JULY AT 12 NOON XXXX (Offers to be submitted in writing via solicitor).

Spacious 2-bedroom ground floor flat, located in Cardonald on the Southside of Glasgow. GCH/DG. Early viewing is recommended. Home Report supplied upon request.

The property is located on the ground floor. Comprises entrance hallway; large reception room; kitchen offering floor and wall base units and space for further appliances; two double bedrooms and bathroom comprising of bath, wash-hand basin and W.C.

Further internal benefits include gas-central heating, double glazing, and ample storage space.

Cardonald is conveniently located for amenities including local shops, restaurants and public transport facilities on Paisley Road West. Situated close by are various nursery, primary, secondary and further education facilities. Other local facilities include, Bellahouston Park and Sports Centre. The property is conveniently located for two major shopping centres, Braehead near Renfrew and Silverburn in Pollok.

The property is also ideally located for commuters accessing the main M8, & M77 motorway network and the Clyde Tunnel.

EPC Band: D

Council Tax: B

Mortgage Finance Scottish Property Centre has an alliance with SPC Finance, a brokerage with a bespoke approach to funding. Through their relationships with retail, commercial and private banks they can assist with securing a mortgage to suit your circumstances. For further information contact Aneta Mamczak or Nicola Marsden based in our Glasgow office, on .

Agent Details

Scottish Property Centre, Glasgow

0141 673 7846

Next Steps?

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