2 Bed Flat, Single Let, Glasgow, G51 1LR, £159,995

Paisley Road West, Cessnock, Glasgow, G51 1LR - 6 views - 8 months ago

Sold STC
BTL
ROI: 4%
~68 m²
+15 photos

ValuationOvervalued

Sold Prices£77.5K - £430.3K

 

 

Square Metres

~68.11 m²

Value Estimate

£115,051

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£39,999

Stamp Duty & Legal Fees

£6,000

Total Cash In

£45,999

 

 

Cash Out

 

Rent Range

£590 - £2,500

Rent Estimate

£850

Running Costs/mo

£690

Cashflow/mo

£160

Cashflow/yr

£1,920

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £77.5K to £430.3K, average is £152.5K.

PriceDateDistanceAddressBeds 
£165.6K05/210.05 mi38, Clifford Street, Glasgow G51 1PA2
£115K05/210.36 mi4, Eaglesham Place, Glasgow G51 1PS2
£131.5K07/210.39 mi2 1/2, Sussex Street, Glasgow G41 1DU2
£333.8K02/240.53 mi5/3, 104, Mavisbank Gardens, Glasgow G51 1HR2
£115.1K10/210.58 mi49, Merryland Street, Glasgow G51 2QG2
£210.5K02/210.9 mi25, Carfrae Street, Glasgow G3 8SA2
£125K11/210.94 mi51 Minerva Court, Houldsworth Street, Glasgow G3 8EH2
£112K02/241 mi5/4, 240, Wallace Street, Glasgow G5 8AU2
£107.5K10/211.02 mi240, 5/4, Wallace Street, Glasgow G5 8AU2
£107.5K10/211.03 mi240, 5/4, Wallace Street, Glasgow G5 8AU2
£430.3K02/211.08 mi3a, Royal Crescent, Glasgow G3 7SL2
£150K12/211.14 mi29, Cook Street, Glasgow G5 8JN2
£155K10/211.14 mi81, Cook Street, Glasgow G5 8JN2
£128.1K04/211.15 mi19, Elderpark Grove, Glasgow G51 3LY2
£115.3K12/211.22 mi10, Sunart Road, Glasgow G52 1DF2
£339.2K04/211.23 mi22, Darnley Road, Glasgow G41 4NB2
£115K11/211.23 mi69, 1/1, Sunart Road, Glasgow G52 1DE2
£77.5K06/211.25 mi45, Carsaig Drive, Glasgow G52 1AU2
£85K03/211.25 mi39, Carsaig Drive, Glasgow G52 1AU2
£295K12/211.31 mi3, Claremont Place, Glasgow G3 7YR2
£333.4K09/211.31 mi11, Woodlands Terrace, Glasgow G3 6DD2
£330K12/211.31 mi41, Queen Square, Glasgow G41 2BD2
£105K11/211.32 mi3l, Langlands Court, Glasgow, Gla G51 3PZ2
£90K06/211.33 mi50, Arduthie Road, Glasgow, Gla G51 4TS2
£88K07/211.33 mi78, Aberlady Road, Glasgow G51 4UT2
£77.5K11/211.33 mi16, Aberlady Road, Glasgow G51 4UT2
£105.5K06/211.34 mi91, Barrland Street, Glasgow G41 1RH2
£195K11/201.36 mi264, St. Vincent Street, Glasgow G2 5RL2
£295K02/211.38 mi59, Durward Avenue, Glasgow G41 3UW2
£255K01/211.39 mi223, St. Vincent Street, Glasgow, Gla G2 7QF2
£120K02/241.4 mi187, Carsaig Drive, Glasgow G52 1AS2
£175K03/211.43 mi183, Queens Drive, Glasgow G42 8QD2
£92K06/211.45 mi104, Barfillan Drive, Glasgow G52 1BD2
£190K07/211.48 mi308, 5/1, Clyde Street, Glasgow G1 4NP2
£145K12/211.49 mi20, Drumoyne Avenue, Glasgow G51 4AP2
£108.2K06/211.5 mi94, Crosslee Street, Glasgow G52 1SL2
£320K06/211.52 mi15, Caird Drive, Glasgow G11 5DZ2
£90K04/211.54 mi37, Maryland Drive, Glasgow G52 1SN2
£100K06/211.55 mi72, Crosslee Street, Glasgow G52 1SL2
£295.6K03/211.56 mi45, Gardner Street, Glasgow G11 5DA2
£340K12/211.56 mi49, Hillhead Street, Glasgow G12 8QA2
£190K10/211.56 mi9, Apsley Street, Glasgow G11 7SZ2
£287K07/211.56 mi16, 2/2, Caird Drive, Glasgow G11 5DT2
£215K11/211.56 mi39, Garnethill Street, Glasgow G3 6QD2
£110K10/211.58 mi34, Arnhall Place, Glasgow G52 1PT2
£248K05/211.59 mi34, Bank Street, Glasgow G12 8ND2
£182.5K04/211.59 mi357, 6/3, Glasgow Harbour Terraces, Glasgow G11 6EB2
£200K08/211.61 mi120a, Queens Drive, Glasgow G42 8QN2
£415K08/211.61 mi3 2/1, Hyndland Avenue, Glasgow G11 5BE2
£210K04/211.62 mi27, Hillhead Street, Glasgow G12 8PX2

Local Rents

50 rents from £590/mo to £2.5K/mo, average is £998/mo.

RentDateDistanceAddressBeds 
£89504/240.09 miPaisley Road West, Cessnock2
£90002/250.1 mi-2
£1,50004/240.11 miPaisley Road West, Glasgow, G512
£1,20003/250.11 mi-2
£1,09004/240.12 mi-2
£1,09504/240.12 miHarley Street, Glasgow, G512
£1,09004/240.12 miHarley Street, Glasgow, G512
£85004/240.12 miIbrox Street, Govan, Glasgow, G512
£85012/240.12 miIbrox Street, Govan, Glasgow, G512
£97505/240.14 mi-2
£97511/240.14 mi-2
£97504/240.14 miIbrox Street, Glasgow, G512
£1,20001/250.16 mi-2
£2,50004/240.17 mi-2
£79504/240.17 mi-2
£1,09512/240.17 mi-2
£1,19504/240.17 miPlantation Park Gardens, Glasgow, G512
£1,07512/240.2 mi-2
£1,07503/250.2 mi-2
£1,19503/250.2 mi-2
£1,16503/250.2 mi-2
£99504/240.2 miPlantation Park Gardens, Glasgow, G512
£95004/240.2 miPlantation Park Gardens, Glasgow, G512
£94504/240.2 miPlantation Park Gardens, Glasgow, G512
£90005/240.2 miPlantation Park Gardens, Glasgow, G512
£95004/240.2 miPlantation Park Gardens, Kinning Park, Glasgow - Available from 22nd April2
£1,30001/250.21 mi-2
£1,10003/250.21 mi-2
£95004/240.22 miEdwin Street, Kinning Park, Glasgow, G51 1ND2
£85005/240.23 mi-2
£85005/240.23 miPaisley Road West, Glasgow, G512
£99503/250.23 mi-2
£87501/250.25 mi-2
£95004/240.26 miCornwall Street, Flat 0/2, Kinning Park, Glasgow, G41 1AQ2
£87504/240.26 miCornwall Street, Flat 0/2, Kinning Park, Glasgow, G41 1AQ2
£87504/240.26 miCornwall Street, Flat 0/2, Kinning Park, Glasgow, G41 1AQ2
£1,08304/240.27 mi-2
£1,00004/240.28 miMilnpark Gardens, Glasgow, G412
£1,00005/240.28 mi-2
£1,45004/240.29 miFestival Court, Glasgow, G512
£1,45005/240.29 miFestival Court, Glasgow, G512
£1,10003/250.3 mi-2
£99503/250.31 mi-2
£1,00003/250.31 mi-2
£99505/240.32 miMilnpark Gardens, Glasgow, Glasgow City, G412
£59010/230.33 miIbroxholm Oval, Glasgow, G512
£1,00012/240.33 mi-2
£1,38004/240.34 mi-2
£1,38004/240.34 miMilnpark Gardens, Glasgow, G412
£99504/240.36 miEaglesham Place, Kinning Park, Glasgow, G512

Local Area Statistics

 

 

Rental demand

Landlord's market

Rental growth (12m)

+1%

Sales demand

Seller's market

Capital growth (5yrs)

+88%

Property History

Listed for £159,995

July 25, 2024

Floor Plans

Description

  • Exceptionally spacious 2 bedroom 4 apartment 2nd floor flat +
  • Sought after central location +
  • Excellent transport links +
  • Walk in condition +
  • GCH & DG +
  • Communal garden area +

Immaculately presented, exceptionally spacious 2-bedroom 4 apartment flat; situated on the 2nd floor of a traditional tenement building in the ever-popular locale of Cessnock on Glasgow’s Southside. Providing flexible contemporary living space while retaining many of the traditional features. GCH & DG, Excellent storage space.

The property comprises of expansive welcoming reception hallway providing access to all apartments, two walk in storage cupboards off; two larger proportioned double bedrooms; bright airy living room with feature bay window forming to the front with open aspects and views beyond; contemporary kitchen/dining room, ample wall and base units and space for appliances; bathroom suite of bath with shower, wash-hand basin and WC.

Further benefits include gas central heating, double glazing and excellent storage space.

Externally, the property enjoys communal rear garden space.

The subject are conveniently located on Paisley Road West, which has several shops, bars and restaurants. For the commuter, there are various bus-routes while Cessnock Subway station is basically across the road, the M8 and M77 are also conveniently located. The flat is particularly well placed to access Glasgow’s burgeoning creative industries, with the BBC, Film City, and the Hub all within easy walking distance. The West End can also easily be reached by foot or on bike via the Squinty Bridge.

Council tax Band: B

EPC Band: C

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 .

Lounge: 20’ 5” x 12’ 9” Kitchen: 14’ 5” x 10’ 1” Bathroom: 14’ 5” x 4’ 5” Master Bedroom: 17’ 2” x 12’ 5” Bedroom Two: 14’ 5” x 9’ 9”

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 💪