4 Bed Detached House, Single Let, Glasgow, G62 6HY, £350,000

50A Glasgow Road, Milngavie, G62 6HY, UK - a year ago

Sold STC
BTL
~169 m²
+22 photos

ValuationUndervalued

Sold Prices£230K - £920K
Sold Prices/m²£1.3K/m² - £4.7K/m²

 

 

Square Metres

~169.14 m²
Price/m²£2.1K/m²

Value Estimate

£364,806
BMV4%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£16,700

Total Cash In

£104,200

 

 

Cash Out

 

Rent Range

£750 - £3,250

Rent Estimate

£1,087

Running Costs/mo

£1,331

Cashflow/mo

£-244

Cashflow/yr

£-2,930

Gross Yield

4%

Local Sold Prices

50 sold prices from £230K to £920K, average is £474.5K. £1.3K/m² to £4.7K/m², average is £3.5K/m².

Price
Date
Distance
Address
Beds
 
£342.6K12/240.02 mi50a, Glasgow Road, Milngavie G62 6HY4
£608.5K12/210.14 mi10, Glasgow Road, Milngavie, Glasgow, Dunbartonshire G62 6AL4
£455K03/230.16 mi19, Glasgow Road, Glasgow G62 6AQ4
£548.5K10/240.19 mi11, Glasgow Road, Glasgow G62 6AQ4
£600K04/250.22 mi19, Dougalston Avenue, Glasgow G62 6AP4
£230K02/250.35 mi18, Buchanan Street, Glasgow G62 8DD4
£720K01/240.4 mi1, Mitchell Drive, Milngavie, Glasgow, Dunbartonshire G62 6PY4
£435K11/240.4 mi32, Keystone Quadrant, Glasgow G62 6LW4
£655K03/250.41 mi36, Braehead Avenue, Glasgow G62 6DN4
£655K03/250.41 mi36, Braehead Avenue, Milngavie, Glasgow, Dmb G62 6DN4
£555K01/250.43 mi62, South Mains Road, Milngavie G62 6DQ4
£510.6K10/240.45 mi14, Vivian Avenue, Milngavie G62 6DW4
£450K04/210.46 mi81, South Mains Road, Milngavie, Glasgow, Dunbartonshire G62 6DE4
£401.4K12/210.46 mi1, Middleton Drive, Milngavie, Glasgow, Dunbartonshire G62 8HS4
£406K09/210.46 mi42, Braehead Avenue, Milngavie, Glasgow, Dunbartonshire G62 6DP4
£687K12/210.46 mi44, Braehead Avenue, Milngavie, Glasgow, Dunbartonshire G62 6DP4
£603.8K04/250.48 mi20, Shaw Road, Glasgow G62 6LX4
£627.5K02/250.48 mi2, Lynn Drive, Milngavie, Glasgow, Dunbartonshire G62 8HN4
£603.8K12/240.5 mi4, Ewing Walk, Glasgow G62 6EG4
£607.5K02/230.5 mi94, Strathblane Road, Glasgow G62 8HD4
£425K10/210.51 mi24, Shaw Road, Milngavie, Glasgow, Dunbartonshire G62 6LX4
£455K12/240.51 mi31, Craigdhu Road, Glasgow G62 7TN4
£458K02/230.51 mi38, Campsie Drive, Glasgow G62 8HY4
£586.6K04/250.53 mi102, Drumlin Drive, Glasgow G62 6NG4
£747.5K01/250.53 mi10, Craigmillar Avenue, Milngavie G62 8AU4
£900K08/210.55 mi52, Buchanan Street, Milngavie, Glasgow, Dunbartonshire G62 8AP4
£565K12/240.57 mi277 Burnbrae House, Milngavie Road, Glasgow G61 3DG4
£491K08/210.57 mi57, Braehead Avenue, Milngavie, Glasgow, Dunbartonshire G62 6DU4
£324.6K06/210.57 mi67, Braehead Avenue, Milngavie, Glasgow, Dunbartonshire G62 6DU4
£581.5K03/230.59 mi57, Strathblane Road, Glasgow G62 8HA4
£386.1K03/210.61 mi82, Galbraith Drive, Milngavie, Glasgow, Dunbartonshire G62 6NE4
£375K04/240.63 mi7, Drumcarn Drive, Milngavie, Glasgow, Dunbartonshire G62 6DZ4
£710K03/210.64 mi140, Mugdock Road, Milngavie, Glasgow, Dunbartonshire G62 8NP4
£315K02/240.66 mi49, Craigdhu Road, Milngavie, Glasgow, Dunbartonshire G62 7TP4
£495K12/240.67 mi30, Mosshead Road, Glasgow G61 3HL4
£422K08/210.67 mi257, Milngavie Road, Bearsden G61 3DQ4
£422.5K03/210.68 mi19, Burnbrae Avenue, Bearsden, Glasgow, Dumbarton G61 3ER4
£455K07/210.69 mi12, Beech Avenue, Bearsden, Glasgow, Dunbartonshire G61 3EX4
£450.5K12/240.7 mi26, Prestonfield, Milngavie G62 7PZ4
£412.6K05/250.73 mi5, Clochbar Gardens, Glasgow G62 7JP4
£755.1K01/230.74 mi2, Dumgoyne Avenue, Glasgow G62 7AL4
£262.8K09/210.74 mi51, Carbeth Road, Milngavie, Glasgow, Dumbarton G62 7AY4
£385K09/240.75 mi24, Tambowie Avenue, Glasgow G62 7AN4
£416K10/210.75 mi112, Prestonfield, Milngavie, Glasgow, Dunbartonshire G62 7PZ4
£437.5K04/240.76 mi160, Prestonfield, Milngavie, Glasgow, Dunbartonshire G62 7QA4
£585.5K04/250.8 mi2, Seafield Avenue, Bearsden G61 3LB4
£544.5K06/210.8 mi10, Cromarty Crescent, Bearsden, Glasgow, Dunbartonshire G61 3LU4
£920K07/210.84 mi6, St. Edmunds Grove, Milngavie, Glasgow, Dunbartonshire G62 8LS4
£240K03/230.85 mi24, Craigend Drive West, Glasgow G62 7DP4
£436.1K05/250.89 mi57, Kilmardinny Crescent, Bearsden G61 3NP4

Local Rents

34 rents from £750/mo to £3.3K/mo, average is £1.7K/mo.

Rent
Date
Distance
Address
Beds
 
£1,85008/250.16 miSouth Glassford Street, Milngavie, Glasgow, G624
£1,90012/240.35 miKeystone Quad, Milngavie, East Dunbartonshire, G624
£99512/240.41 miMain Street Allander Court, Milngavie, G623
£1,40006/250.47 miEllangowan Court, Milngavie3
£1,97512/240.54 miCampsie Drive, Milngavie, Glasgow , G62 8HY4
£2,49512/240.55 miBright Close, Bearsden, Glasgow, G614
£1,40006/250.6 miAlexander Grove, Bearsden, East Dunbartonshire, G613
£1,35010/240.68 mi-3
£1,65012/240.69 mi-3
£1,49512/240.71 mi12 Hawthorn Avenue, Bearsden3
£2,25007/250.73 mi13 Beech Avenue, Bearsden, Glasgow, G61 3EU4
£1,10012/240.74 mi-3
£1,15004/240.74 miCraigdhu Road, Milngavie, Glasgow, G623
£2,50008/250.74 mi30 Prestonfield, G624
£2,50008/250.74 mi32 Prestonfield, G624
£2,50008/250.74 mi32 Prestonfield, G624
£1,20004/250.77 mi-3
£1,55012/240.77 miHawthorn Avenue, Bearsden, Glasgow, G61 3NQ3
£1,62507/250.77 miHawthorn Avenue, Bearsden, Glasgow, G61 3NQ3
£1,10006/250.82 mi-3
£75008/250.89 miLyle Square, Milngavie, Glasgow, G62 7BW3
£3,25004/240.91 miDouglas Park Crescent, Bearsden, G615
£1,40004/250.91 mi-4
£1,32505/231.01 mi-3
£2,50010/241.02 mi-4
£2,50004/251.02 mi-4
£2,00008/251.08 mi-3
£1,70001/241.09 mi-3
£2,59504/241.1 miNorman Macleod Crescent, Bearsden, Glasgow, G615
£2,70007/251.12 miMorven Court, Bearsden, Glasgow, G61 3DE4
£1,55012/241.19 miKilmardinny Gate, Bearsden , East Dunbartonshire , G61 3ND3
£1,55012/241.21 miDalnair Place, Milngavie, Glasgow, G62 7RD4
£1,90012/241.22 miDumgoyne Drive, Bearsden3
£1,90006/241.23 mi-3

Local Area Statistics

 

 

Rental growth (12m)

+99%

Sales demand

Seller's market

Capital growth (5yrs)

+18%

Property History

Listed for £350,000

September 20, 2024

Floor Plans

Description

A Detached, ranch style, modern Bungalow in a sizeable garden of some 0.4 acres tucked away behind two Victorian villas that front Glasgow Road. Formerly part of the garden to no.48 the house was built more than 50 years ago and a small extension was then added to the northern gable to provide a utility/laundry room and a workroom accessed.

Whilst most windows have been replaced with modern uPVC framed, double-glazed, windows (bar the older uPVC window of the lounge and the extension which has the original timber framed double-glazed units) and the gas central heating system has a modern (2019) Glow-Worm ultimate 30c combination boiler it is fair to highlight, as clients can see from the photographs/video and the Home Report, that the subjects are still largely of the original spec.

There is fantastic scope, therefore, for a buyer to make the necessary upgrades and changes to make the house into a far more current home and in so doing add value.

The design of the original bungalow is such that all internal walls are partition walls and so there is even scope, subject to building warrants, to reconfigure the internal layout. Externally, again subject to planning consents, there is an opportunity to change the look of the house and also to further extend.

This really could be a very exciting opportunity for the party looking to stamp their own mark upon a house and to create something of their own style and taste.

Accommodation

Entrance vestibule, reception hall with hallway off, large lounge, large dining room, kitchen, 4 bedrooms, bathroom, WC, utility/laundry room, workshop.

Outside

The garden is generous with the whole plot extending to over 0.4 acres. It lies mainly to grass and is accessed via a driveway that is set between the Victorian villas of 48 and 50 Glasgow Road over which 50A has a right of access. To the back of the house is a detached double garage (one sliding garage door for access), plus additional pass door, in front of which is a carport. The garage too is dated and upon the garden are three old garden sheds and two old greenhouses. The garden is well screened from the neighbouring properties with an orchard garden providing privacy from No.50. A dense bank of laurels and some trees provides a suitable screen to the railway line that lies beyond the west boundary, and beyond which are the expenses of Milngavie’s Lennox Park.

Situation

The house is fantastically central for the village centre, the railway station, and Town Hall. Discretely set behind the two Victorian houses it enjoys near total privacy and yet is minutes’ walk to the varied amenities and shops that Milngavie offers. For families, school catchment is Milngavie Primary and the high performing Douglas Academy.

Sat NAV ref: G62 6HY

what 3 words: trial.expose.prone

EPC : BAND C
COUNCIL TAX : BAND G
TENURE : FREEHOLD

EPC Rating: C
Council Tax Band: G

Agent Details

Rettie, Bearsden

0141 673 9751

Next Steps?

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