3 Bed Semi-Detached House, Refurb/BRRR, Glasgow, G72 6ZP, £195,000

Bale Avenue, Newton Farm, Cambuslang, Glasgow, G72 6ZP - 1 views - 7 months ago

Under Offer
Refurb/BRRR
ROI: 3%
~64 m²
+16 photos

ValuationOvervalued

Sold Prices£48K - £360K

 

 

Square Metres

~63.73 m²

Value Estimate

£165,000

 

 

End Value (After Refurb)

£159,250

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£48,750

Stamp Duty & Legal Fees

£7,050

Refurb Costs

£24,821

Bridging Loan Interest

£5,119

Total Cash In

£87,490

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£159,250

Mortgage (After Refinance)

£119,438

Mortgage LTV

75%

Cash Left In

£87,490

Equity

£39,813

Rent Range

£595 - £1,800

Rent Estimate

£914

Running Costs/mo

£700

Cashflow/mo

£214

Cashflow/yr

£2,563

ROI

3%

Gross Yield

6%

Local Sold Prices

46 sold prices from £48K to £360K, average is £172.5K.

PriceDateDistanceAddressBeds 
£125K07/210.23 mi52, Mitchell Avenue, Cambuslang, Glasgow, Lanark G72 7SG3
£197.3K03/210.27 mi58, Alder Gate, Cambuslang, Glasgow, Lanarkshire G72 7ZF3
£150K11/210.35 mi3, Conan Court, Cambuslang G72 7YU3
£158K05/210.35 mi15, Conan Court, Cambuslang, Glasgow, Lanarkshire G72 7YU3
£147.1K08/210.38 mi20, Helmsdale Court, Cambuslang, Glasgow, Lanark G72 7YR3
£280.6K11/210.39 mi26, Ash Wynd, Cambuslang, Glasgow, Lanark G72 7ZD3
£220K11/210.55 mi28, Westfarm Court, Cambuslang, Glasgow, Lan G72 7RH3
£196.4K05/210.63 mi15, Spruce Drive, Cambuslang, Glasgow, Lanarkshire G72 7FW3
£170K06/210.75 mi51, Oak Wynd, Cambuslang, Glasgow, Lanarkshire G72 7GS3
£193.3K06/210.79 mi7, Dean Park Drive, Cambuslang, Glasgow, Lanark G72 8RR3
£190.3K02/210.82 mi53, Magnolia Drive, Cambuslang, Glasgow, Lan G72 7NP3
£215.4K11/210.83 mi11, Deans Avenue, Cambuslang, Glasgow, Lanarkshire G72 8UT3
£125K03/211.04 mi37, Ardargie Drive, Glasgow G32 8NW3
£120.2K06/211.08 mi52, Kirkton Road, Cambuslang, Glasgow, Lanarkshire G72 8LF3
£290K09/211.12 mi15, Huntly Drive, Cambuslang, Glasgow, Lanarkshire G72 8PU3
£120K06/211.14 mi12, Duisdale Road, Glasgow, Lanark G32 8EQ3
£125K10/211.14 mi14, Toronto Walk, Glasgow, Lanark G32 8AZ3
£290K11/211.32 mi16, Balmoral Drive, Glasgow, Lanark G32 8DW3
£356.1K07/211.36 mi7, Burncleuch Avenue, Cambuslang, Glasgow, Lanarkshire G72 8NU3
£193K07/211.4 mi25, Tarbert Avenue, Blantyre, Glasgow, Lanarkshire G72 9PB3
£260K09/211.43 mi216, Hamilton Road, Glasgow, Lanarkshire G32 9QU3
£217.8K09/211.45 mi74, Mount Lockhart, Uddingston, Glasgow G71 7TQ3
£273.1K06/211.46 mi22, North Calder Place, Uddingston, Glasgow G71 7TL3
£145K03/211.51 mi19, Balmoral Gardens, Blantyre, Glasgow, Lanarkshire G72 9NP3
£180K08/211.53 mi6, Montrose Gardens, Blantyre, Glasgow, Lanarkshire G72 9NN3
£191K06/211.53 mi12, Montrose Gardens, Blantyre, Glasgow, Lanarkshire G72 9NN3
£195.4K11/211.65 mi64, Burntbroom Drive, Baillieston, Glasgow, Lanarkshire G69 7XN3
£225K05/211.68 mi6, Burnacre Gardens, Uddingston, Glasgow, Lanarkshire G71 7SU3
£180K08/211.7 mi3, Library Gardens, Cambuslang, Glasgow, Lanark G72 8AL3
£220K03/211.73 mi43, Grenville Drive, Cambuslang, Glasgow, Lanarkshire G72 8DW3
£115K03/211.73 mi112, Caledonia Road, Baillieston, Glasgow, Lanarkshire G69 7ED3
£125K06/211.83 mi19, Lime Grove, Blantyre, Glasgow, Lanarkshire G72 9JN3
£160K07/211.84 mi6, Archerfield Crescent, Glasgow, Lanarkshire G32 8EU3
£360K10/211.85 mi8, Broomhouse Crescent, Glasgow G71 7RE3
£155.1K03/211.87 mi43, Newtongrange Avenue, Glasgow, Lanarkshire G32 8NE3
£107.2K03/211.88 mi52, Huntingtower Road, Baillieston, Glasgow, Lanarkshire G69 7BQ3
£48K10/211.89 mi2, New Luce Drive, Glasgow G32 9NF3
£100K10/211.9 mi18, Cluny Gardens, Baillieston, Glasgow, Lanarkshire G69 7BL3
£125K12/211.9 mi42, Cluny Gardens, Baillieston G69 7BL3
£220K12/211.92 mi85, Calderbraes Avenue, Uddingston, Glasgow, Lanark G71 6EE3
£158.5K12/211.93 mi153, Second Avenue, Uddingston, Glasgow, Lanarkshire G71 6BG3
£122.5K06/211.95 mi187, Old Edinburgh Road, Uddingston, Glasgow, Lanarkshire G71 6BJ3
£112K02/211.96 mi3, Hazelwood Drive, Blantyre, Glasgow, Lan G72 9PZ3
£175K05/211.97 mi14, Talbot Terrace, Uddingston, Glasgow, Lanark G71 6ER3
£150K04/211.97 mi25, Gargrave Avenue, Baillieston, Glasgow, Lanarkshire G69 7LR3
£151.6K11/211.99 mi11, Drumpellier Road, Baillieston, Glasgow, Lanarkshire G69 7DS3

Local Rents

50 rents from £595/mo to £1.8K/mo, average is £825/mo.

RentDateDistanceAddressBeds 
£1,10012/240.05 miBale Avenue, Glasgow, G723
£1,50004/240.18 miAcacia Way, Cambuslang4
£65001/240.18 mi-2
£72512/240.18 mi-2
£1,15004/250.34 mi-3
£85012/240.36 miLeighton Court, Cambuslang2
£1,75012/240.46 miHoneybee Avenue, Glasgow, G72 6QE6
£75004/240.5 mi19 Gateside Avenue, Cambuslang2
£79512/240.6 miWestfarm Court, Glasgow, G722
£69912/240.66 miMill Road, Cambuslang, G722
£1,49512/240.69 miLaurel Wynd,Cambuslang,Glasgow,G724
£69512/240.7 mi14 Mill Road 2
£90001/250.73 mi-2
£82504/240.73 miStrathclyde Gardens, Glasgow, G722
£62512/240.73 miStrathclyde Gardens, Cambuslang, Glasgow, G721
£65012/240.73 miHamilton Road, Glasgow, G722
£1,10012/240.73 mi14 Hutchinson Place, Cambuslang G72 8XX3
£75004/240.75 miCastle Chimmins Avenue, Cambuslang, Glasgow, G722
£85004/240.78 miMedlar Court, Cambuslang2
£80002/250.81 mi-2
£79504/240.81 miHamilton Road, Cambuslang, G722
£1,20004/240.9 miClaudius Crescent Cambuslang3
£75004/240.9 miHugh Murray Grove, Cambuslang, Glasgow, G722
£95004/240.99 miLilybank Avenue, Cambuslang, Glasgow, G72 8QP3
£90003/251.01 mi-2
£95012/241.11 mi-4
£72512/241.12 miCroft Road , Glasgow, G72 8LB2
£78012/231.15 mi-2
£75012/241.17 miFreeneuk Lane, Cambuslang2
£1,80003/251.17 mi-4
£69504/241.2 miCairns Road, Cambuslang, G722
£77512/241.21 mi-2
£77512/241.21 miCairns Road, Cambuslang, Glasgow, G722
£92502/251.24 mi-2
£94003/251.31 mi-2
£59512/241.35 mi-1
£82504/241.36 miMain Street, Cambuslang2
£80012/241.38 miHamilton Road, Uddingston2
£69002/251.38 mi-2
£85012/241.39 mi-2
£1,00011/241.39 mi-2
£67504/241.46 miMain Street, Cambuslang, G722
£1,45011/241.47 mi-2
£79504/241.47 miHamilton Road, Mount Vernon2
£1,15004/241.5 mi-2
£65004/241.51 miWoodend Road, Glasgow2
£1,29512/241.53 miMontrose Gardens, Glasgow, G723
£1,70004/241.56 miDouglas Gate, Cambuslang4
£95012/241.59 miRegents Gate, Bothwell2
£85012/241.73 miMorag Riva Court, Uddingston,Glasgow, G712

Local Area Statistics

 

 

Rental growth (12m)

+4%

Sales demand

Seller's market

Capital growth (5yrs)

+29%

Property History

Listed for £195,000

September 24, 2024

Floor Plans

Description

  • 3 Bedrooms +
  • Central Location +
  • Garden +
  • Great Room Sizes Throughout +
  • Ground Floor WC +
  • Master Bedroom with En-suite +
  • Modern Finish Throughout +
  • Walk-in Condition +
  • 3D Virtual Tour Available +

This charming end terrace home offers a fantastic opportunity for first time buyers to begin their homeownership journey. Warm oak flooring welcomes you into a living space that seamlessly combines comfort with modern design.

Five things our current owners love about their home:

1. Great location and very near Newton train station with great access to motorway links and local amenities,

2. Friendly neighbours.

3. Recent en-suite and bathroom upgrade/renovations.

4. Great end terrace private garden which gets the sunshine.

5. Lots of space including floored loft space with extendable ladder access.

With a modern and stylish kitchen, boasting brick effect tiles that add character and rustic charm, complemented by wooden cupboard doors and sleek black countertops. It`s a culinary retreat for those who love to cook and socialise within the hub of their home.Adjoining the kitchen is a generous living room, bathed in natural light and offering ample space for relaxation and dining.

The area is further enhanced by patio doors that lead to a well maintained garden, creating an indoor outdoor flow perfect for hosting gatherings or enjoying quiet moments in the sun.

Convenience is considered with a spacious WC completing the ground floor layout. Ascend to the first floor where three sizeable bedrooms await. The master bedroom is a haven of tranquillity, complete with a modern en-suite featuring a refreshing shower. The second bedroom, equally spacious, provides abundant room for storage. Meanwhile, the third bedroom, currently utilised as a home office, presents versatile living space, adapting to your lifestyle needs.

Outside, a lovely garden with a dedicated seating area offers a peaceful retreat, while the provision of two parking spaces at the front ensures practicality meets the demands of modern living. This home strikes the perfect balance between style, comfort, and convenience, making it an ideal stepping stone for those ready to plant roots in a central location.

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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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