3 Bed Semi-Detached House, Refurb/BRRR, Glasgow, G72 8WR, £200,000

Gilbertfield Wynd, Cambuslang, G72 8WR - 9 months ago

Under Offer
Refurb/BRRR
ROI: 3%
~82 m²
+16 photos

ValuationOvervalued

Sold Prices£91.5K - £356.1K

 

 

Square Metres

~81.81 m²

Value Estimate

£190,485

 

 

End Value (After Refurb)

£150,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£7,200

Refurb Costs

£31,863

Bridging Loan Interest

£5,250

Total Cash In

£96,063

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£150,000

Mortgage (After Refinance)

£112,500

Mortgage LTV

75%

Cash Left In

£96,063

Equity

£37,500

Rent Range

£595 - £1,750

Rent Estimate

£931

Running Costs/mo

£675

Cashflow/mo

£256

Cashflow/yr

£3,073

ROI

3%

Gross Yield

6%

Local Sold Prices

40 sold prices from £91.5K to £356.1K, average is £185.2K.

PriceDateDistanceAddressBeds 
£215.4K11/210.22 mi11, Deans Avenue, Cambuslang, Glasgow, Lanarkshire G72 8UT3
£193.3K06/210.33 mi7, Dean Park Drive, Cambuslang, Glasgow, Lanark G72 8RR3
£290K09/210.61 mi15, Huntly Drive, Cambuslang, Glasgow, Lanarkshire G72 8PU3
£280.6K11/210.66 mi26, Ash Wynd, Cambuslang, Glasgow, Lanark G72 7ZD3
£120.2K06/210.72 mi52, Kirkton Road, Cambuslang, Glasgow, Lanarkshire G72 8LF3
£150K11/210.76 mi3, Conan Court, Cambuslang G72 7YU3
£158K05/210.76 mi15, Conan Court, Cambuslang, Glasgow, Lanarkshire G72 7YU3
£356.1K07/210.77 mi7, Burncleuch Avenue, Cambuslang, Glasgow, Lanarkshire G72 8NU3
£197.3K03/210.78 mi58, Alder Gate, Cambuslang, Glasgow, Lanarkshire G72 7ZF3
£147.1K08/210.78 mi20, Helmsdale Court, Cambuslang, Glasgow, Lanark G72 7YR3
£190.3K02/210.79 mi53, Magnolia Drive, Cambuslang, Glasgow, Lan G72 7NP3
£170K06/210.81 mi51, Oak Wynd, Cambuslang, Glasgow, Lanarkshire G72 7GS3
£196.4K05/210.87 mi15, Spruce Drive, Cambuslang, Glasgow, Lanarkshire G72 7FW3
£220K11/211.09 mi28, Westfarm Court, Cambuslang, Glasgow, Lan G72 7RH3
£125K07/211.1 mi52, Mitchell Avenue, Cambuslang, Glasgow, Lanark G72 7SG3
£220K03/211.19 mi43, Grenville Drive, Cambuslang, Glasgow, Lanarkshire G72 8DW3
£205K05/211.23 mi29, Scalloway Lane, Cambuslang, Glasgow, Lanarkshire G72 8HN3
£195.1K12/211.24 mi94, Lochmaben Crescent, Cambuslang, Glasgow, Lanarkshire G72 8ZA3
£162.5K09/211.43 mi31, Martyn Grove, Cambuslang, Glasgow, Lanarkshire G72 8FN3
£180K08/211.44 mi3, Library Gardens, Cambuslang, Glasgow, Lanark G72 8AL3
£240K07/211.46 mi2, Islay Avenue, Rutherglen, Glasgow, Lanarkshire G73 5NH3
£125K03/211.56 mi37, Ardargie Drive, Glasgow G32 8NW3
£193K07/211.58 mi25, Tarbert Avenue, Blantyre, Glasgow, Lanarkshire G72 9PB3
£120K06/211.61 mi12, Duisdale Road, Glasgow, Lanark G32 8EQ3
£125K10/211.64 mi14, Toronto Walk, Glasgow, Lanark G32 8AZ3
£180K08/211.7 mi6, Montrose Gardens, Blantyre, Glasgow, Lanarkshire G72 9NN3
£191K06/211.7 mi12, Montrose Gardens, Blantyre, Glasgow, Lanarkshire G72 9NN3
£145K03/211.7 mi19, Balmoral Gardens, Blantyre, Glasgow, Lanarkshire G72 9NP3
£165K05/211.71 mi224, Trossachs Road, Rutherglen, Glasgow, Lanarkshire G73 5PQ3
£290K11/211.72 mi16, Balmoral Drive, Glasgow, Lanark G32 8DW3
£333K03/211.83 mi23, Kincath Avenue, Rutherglen, Glasgow, Lanarkshire G73 4RP3
£112K02/211.83 mi3, Hazelwood Drive, Blantyre, Glasgow, Lan G72 9PZ3
£275.1K09/211.88 mi189, Blairbeth Road, Rutherglen, Glasgow, Lanarkshire G73 5DJ3
£91.5K04/211.89 mi127, Glenfruin Road, Blantyre, Glasgow, Lanarkshire G72 9RJ3
£105.5K02/211.91 mi13, Ashcroft, East Kilbride, Glasgow, Lan G74 3QG3
£125K06/211.92 mi19, Lime Grove, Blantyre, Glasgow, Lanarkshire G72 9JN3
£130K08/211.93 mi22, Gourlay, East Kilbride, Glasgow, Lan G74 3PJ3
£127K10/211.94 mi46, Kirriemuir, East Kilbride, Glasgow, Lanarkshire G74 3PP3
£220K08/211.94 mi14, Fishescoates Avenue, Rutherglen, Glasgow, Lanarkshire G73 5DZ3
£260K02/211.97 mi210, Brownside Road, Rutherglen, Glasgow G73 5BE3

Local Rents

50 rents from £595/mo to £1.8K/mo, average is £798/mo.

RentDateDistanceAddressBeds 
£75004/240.3 miCastle Chimmins Avenue, Cambuslang, Glasgow, G722
£80002/250.33 mi-2
£65012/240.34 miHamilton Road, Glasgow, G722
£1,10012/240.42 mi14 Hutchinson Place, Cambuslang G72 8XX3
£69512/240.42 mi14 Mill Road 2
£69912/240.43 miMill Road, Cambuslang, G722
£95004/240.44 miLilybank Avenue, Cambuslang, Glasgow, G72 8QP3
£1,20004/240.47 miClaudius Crescent Cambuslang3
£79504/240.5 miHamilton Road, Cambuslang, G722
£82504/240.53 miStrathclyde Gardens, Glasgow, G722
£62512/240.53 miStrathclyde Gardens, Cambuslang, Glasgow, G721
£90001/250.53 mi-2
£75004/240.58 mi19 Gateside Avenue, Cambuslang2
£1,49512/240.67 miLaurel Wynd,Cambuslang,Glasgow,G724
£75004/240.68 miHugh Murray Grove, Cambuslang, Glasgow, G722
£85004/240.69 miMedlar Court, Cambuslang2
£78012/230.71 mi-2
£77512/240.71 mi-2
£77512/240.71 miCairns Road, Cambuslang, Glasgow, G722
£69504/240.73 miCairns Road, Cambuslang, G722
£1,15004/250.74 mi-3
£72512/240.82 miCroft Road , Glasgow, G72 8LB2
£1,50004/240.87 miAcacia Way, Cambuslang4
£65001/241.02 mi-2
£72512/241.02 mi-2
£75012/241.05 miFreeneuk Lane, Cambuslang2
£1,10012/241.07 miBale Avenue, Glasgow, G723
£89504/251.07 mi-2
£69002/251.1 mi-2
£1,70004/241.1 miDouglas Gate, Cambuslang4
£87504/251.14 mi-3
£59512/241.15 mi-1
£82504/241.16 miMain Street, Cambuslang2
£85012/241.18 mi-2
£75004/251.21 mi-2
£79512/241.21 miWestfarm Court, Glasgow, G722
£67504/241.23 miMain Street, Cambuslang, G722
£85012/241.33 miLeighton Court, Cambuslang2
£1,59512/241.37 mi-2
£1,59512/241.37 miArthur Walk, Cambuslang, Glasgow, G722
£1,35012/241.42 mi-3
£1,35012/241.42 miMcgahey Drive, Cambuslang, Glasgow, G723
£1,75012/241.5 miHoneybee Avenue, Glasgow, G72 6QE6
£90004/251.54 mi-2
£65001/241.55 mi-2
£89502/251.59 mi-2
£1,20010/231.6 miCuillins Road, Cathkin, Glasgow3
£64903/241.62 mi-2
£75004/251.62 mi-1
£70010/231.63 mi-2

Local Area Statistics

 

 

Rental growth (12m)

+4%

Sales demand

Seller's market

Capital growth (5yrs)

+29%

Property History

Listed for £200,000

July 30, 2024

Floor Plans

Description

  • 3 Bedrooms +
  • Garden +
  • Walk-in Condition +
  • Modern Kitchen +
  • Modern Finish Throughout +
  • Allocated Parking +
  • 3D Virtual Tour Available +

Step into contemporary living with this exquisite townhouse, an idyllic retreat for first-time buyers yearning for a touch of modern sophistication within a tranquil residential enclave. Enveloped in chic neutral tones, this property resonates with a warm, inviting ambience from the moment you cross the threshold.

Five things our current owners love about their home ;

1. The master Bedroom- lots space, natural light from velux windows & storage with two double fitted mirrored wardrobes.

2. Friendly neighbours, not just the ones next door but within whole estate.

3. Low energy bills, with solar panels our costs have remained low since we moved in.

4. We love the townhouse style of the house. When we were viewing other new build properties at the time, this style was very unique to the builder which was a great selling point to us.

5. We love our bathroom renovation including full height tiling and half wall length mirrors.

The heart of the home is undoubtedly the capacious, yet snug living room that beckons with its homely charm, an ideal haven for relaxation or lively conversation. Meticulously designed, the large kitchen emerges as a culinary artist`s dream, boasting sleek white gloss cupboard doors. It`s not only a place for cooking but also a perfect spot for entertaining, with patio doors that seamlessly extend the festivities into the garden.

This residence thoughtfully accommodates versatility with its layout, offering two additional rooms on the second floor. One presents a peaceful retreat, ideally suited as a study or home office, while the other is a generously sized second bedroom. A chic, contemporary bathroom serves this level, echoing the modern aesthetic found throughout the house.

Ascend to the sanctuary of the top floor where the master bedroom awaits, a spacious domain that promises restful slumber, replete with built-in wardrobes for a clutter-free environment. The expansive back garden invites outdoor living, providing ample space for a cosy seating area to relish those long summer evenings.

With a double helping of parking spaces and in immaculate, walk-in condition, this townhouse is a sterling opportunity for those taking their inaugural steps onto the property ladder, seeking a home that marries style, comfort, and convenience in a delightful package.

Say YES to the address @uploadabode

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Agent Details

Upload Abode, Lanarkshire and Glasgow

01698 538778

Next Steps?

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