2 Bed Flat, Single Let, Glasgow, G33 2SG, £100,000

Lethamhill Road, Glasgow, G33 2SG - 2 views - 7 months ago

Under Offer

BTL

ROI: 16%

~68 m²

+10 photos

ValuationOvervalued

Sold Prices	£40K - £152.5K

Square Metres	~68.11 m²
Value Estimate	£92,000£92,000

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£25,000£25,000
Stamp Duty & Legal Fees	£4,050£4,050
Total Cash In	£29,050£29,050

Cash Out
Rent Range	£795 - £1,250£795 - £1,250
Rent Estimate	£867
Running Costs/mo	£506£506
Cashflow/mo	£361£361
Cashflow/yr	£4,333£4,333
ROI	15%15%
Gross Yield	10%10%

Local Sold Prices

37 sold prices from £40K to £152.5K, average is £95.5K.

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£132K	02/24	0.23 mi	287, Liberton Street, Glasgow G33 2HR	-	-	2	Flat
£105K	09/21	0.23 mi	40, Fettes Street, Glasgow G33 3BQ	-	-	2	Flat
£111K	02/21	0.24 mi	136, Liberton Street, Glasgow, Gla G33 2HW	-	-	2	Flat
£87K	02/21	0.24 mi	138, Liberton Street, Glasgow G33 2HW	-	-	2	Flat
£95.5K	03/21	0.24 mi	236, Liberton Street, Glasgow G33 2HP	-	-	2	Flat
£91.5K	04/21	0.24 mi	210, Liberton Street, Glasgow G33 2HP	-	-	2	Flat
£110K	12/21	0.27 mi	99, Liberton Street, Glasgow G33 2HL	-	-	2	Flat
£100.5K	03/21	0.27 mi	40, Brora Street, Glasgow G33 2BZ	-	-	2	Flat
£92.2K	06/21	0.27 mi	48, Brora Street, Glasgow G33 2BZ	-	-	2	Flat
£78K	05/21	0.28 mi	14, Loretto Street, Glasgow G33 3DA	-	-	2	Flat
£92K	12/21	0.28 mi	112, Warriston Crescent, Carntyne, Glasgow G33 2JN	-	-	2	Flat
£120K	08/21	0.31 mi	43, Longford Street, Glasgow G33 2HQ	-	-	2	Flat
£92K	05/21	0.32 mi	64, Don Street, Glasgow G33 2BU	-	-	2	Flat
£133K	02/24	0.34 mi	278, Warriston Street, Glasgow G33 3AU	-	-	2	Flat
£120K	11/21	0.38 mi	250, Morningside Street, Glasgow G33 3AN	-	-	2	Flat
£109K	05/21	0.42 mi	101, Brora Street, Glasgow G33 2DA	-	-	2	Flat
£100K	08/21	0.58 mi	813, Carntyne Road, Glasgow G32 6LS	-	-	2	Flat
£97.5K	08/21	0.61 mi	23, Arniston Street, Glasgow G32 6PF	-	-	2	Flat
£40K	06/21	0.62 mi	17, Whitburn Street, Glasgow G32 6PG	-	-	2	Flat
£43.5K	10/21	0.62 mi	13, Whitburn Street, Glasgow G32 6PE	-	-	2	Flat
£75K	07/21	0.68 mi	212, Inverleith Street, Glasgow G32 6EP	-	-	2	Flat
£80K	05/21	0.69 mi	234, Haymarket Street, Glasgow G32 6QX	-	-	2	Flat
£80.4K	12/21	0.73 mi	137, Whitburn Street, Glasgow G32 6RD	-	-	2	Flat
£72.5K	11/21	0.75 mi	7, Greyfriars Street, Glasgow G32 6RJ	-	-	2	Flat
£111K	12/21	0.76 mi	32, Lochview Gardens, Glasgow G33 1QA	-	-	2	Flat
£152.5K	06/24	0.76 mi	26, Lochview Gardens, Glasgow G33 1QA	-	-	2	Flat
£80K	06/21	0.79 mi	236, Rigby Street, Glasgow G32 6DG	-	-	2	Flat
£80K	06/21	0.79 mi	236, Rigby Street, Glasgow G32 6DG	-	-	2	Flat
£73K	05/21	0.81 mi	43, Cardowan Road, Glasgow G32 6RT	-	-	2	Flat
£125K	06/21	0.89 mi	36b, Gilbertfield Street, Glasgow G33 3TG	-	-	2	Flat
£131K	12/21	0.89 mi	147, Lochview Drive, Glasgow G33 1LN	-	-	2	Flat
£82K	03/21	0.9 mi	679, Royston Road, Glasgow G21 2DS	-	-	2	Flat
£70.5K	02/21	0.9 mi	34, Borthwick Street, Glasgow G33 3UU	-	-	2	Flat
£121.6K	09/21	0.93 mi	111, Lochview Drive, Glasgow G33 1QE	-	-	2	Flat
£140K	02/24	0.93 mi	115, Lochview Drive, Glasgow G33 1QE	-	-	2	Flat
£95.3K	06/21	0.95 mi	25, Lockhart Street, Glasgow G21 2AP	-	-	2	Flat
£115K	05/21	0.99 mi	28, Zena Street, Glasgow G33 1HU	-	-	2	Flat

Local Rents

14 rents from £795/mo to £1.3K/mo, average is £913/mo.

Rent	Date	Distance	Address	Beds	Type
£895	03/25	0.29 mi	-	2	Flat
£850	12/24	0.35 mi	Loretto Street, Glasgow, G33	2	Flat
£895	12/24	0.37 mi	-	2	Flat
£995	04/24	0.42 mi	-	2	Flat
£895	12/24	0.42 mi	-	2	Flat
£995	02/25	0.42 mi	-	2	Flat
£995	04/24	0.42 mi	Don Street, Glasgow, G33	2	Flat
£995	12/24	0.42 mi	Don Street, Glasgow, G33	2	Flat
£795	12/24	0.43 mi	-	2	Flat
£925	12/24	0.43 mi	Morningside Street, Riddrie, Glasgow, G33 2LT	2	Flat
£900	04/24	0.46 mi	Gough Street, Riddrie, G33	2	Flat
£900	01/24	0.53 mi	-	2	Terraced House
£1,250	12/24	0.57 mi	-	2	Flat
£1,250	04/24	0.57 mi	Cumbernauld Road, Glasgow, G33	2	Flat

Local Area Statistics


Rental growth (12m)	+21%+21%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+45%+45%

Property History

Price changed to £100,000

January 19, 2025

Listed for £95,000

September 6, 2024

Floor Plans

Description

Kirkland Estate Agents are delighted to offer to the market this preferred first floor flat, set within the setting of Lethamhill Road, Riddrie.

The property on offer comprises welcoming hallway providing access to all main apartments. Bright spacious lounge with open outlook, and access to balcony. Two double bedrooms. Modern fitted kitchen, and modern bathroom. The property further benefits from gas central heating system, double glazing, secure entry, internal storage cupboards and additional storage cupboards off the landing, offering great space for utility area, or bike storage etc.

Early viewing essential to avoid disappointment. A great opportunity for landlords, young professionals and students working in Glasgow City Centre.

Located close to local amenities and public transport routes with easy access to Glasgow City Centre. A wide range of shops and eateries on the door step.

Tenure: Freehold