2 Bed Flat, Single Let, Glasgow, G33 2JH, £50,000

Gogar Place, Glasgow, G33 2JH - 2 views - 6 months ago

Sold STC
BTL
ROI: 25%
~68 m²
+10 photos

ValuationUndervalued

Sold Prices£40K - £152.5K

 

 

Square Metres

~68.11 m²

Value Estimate

£56,376
BMV13%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£12,500

Stamp Duty & Legal Fees

£2,700

Total Cash In

£15,200

 

 

Cash Out

 

Rent Range

£750 - £1,250

Rent Estimate

£616

Running Costs/mo

£299

Cashflow/mo

£317

Cashflow/yr

£3,799

ROI

25%

Gross Yield

15%

Local Sold Prices

31 sold prices from £40K to £152.5K, average is £92.2K.

PriceDateDistanceAddressBeds 
£111K02/210.06 mi136, Liberton Street, Glasgow, Gla G33 2HW2
£87K02/210.06 mi138, Liberton Street, Glasgow G33 2HW2
£92K12/210.1 mi112, Warriston Crescent, Carntyne, Glasgow G33 2JN2
£95.5K03/210.11 mi236, Liberton Street, Glasgow G33 2HP2
£91.5K04/210.11 mi210, Liberton Street, Glasgow G33 2HP2
£132K02/240.11 mi287, Liberton Street, Glasgow G33 2HR2
£110K12/210.15 mi99, Liberton Street, Glasgow G33 2HL2
£120K08/210.16 mi43, Longford Street, Glasgow G33 2HQ2
£105K09/210.22 mi40, Fettes Street, Glasgow G33 3BQ2
£78K05/210.24 mi14, Loretto Street, Glasgow G33 3DA2
£100.5K03/210.27 mi40, Brora Street, Glasgow G33 2BZ2
£92.2K06/210.27 mi48, Brora Street, Glasgow G33 2BZ2
£133K02/240.28 mi278, Warriston Street, Glasgow G33 3AU2
£92K05/210.28 mi64, Don Street, Glasgow G33 2BU2
£120K11/210.31 mi250, Morningside Street, Glasgow G33 3AN2
£109K05/210.4 mi101, Brora Street, Glasgow G33 2DA2
£75K07/210.5 mi212, Inverleith Street, Glasgow G32 6EP2
£97.5K08/210.51 mi23, Arniston Street, Glasgow G32 6PF2
£40K06/210.53 mi17, Whitburn Street, Glasgow G32 6PG2
£43.5K10/210.53 mi13, Whitburn Street, Glasgow G32 6PE2
£100K08/210.53 mi813, Carntyne Road, Glasgow G32 6LS2
£80K06/210.62 mi236, Rigby Street, Glasgow G32 6DG2
£80K06/210.62 mi236, Rigby Street, Glasgow G32 6DG2
£80K05/210.64 mi234, Haymarket Street, Glasgow G32 6QX2
£72.5K11/210.68 mi7, Greyfriars Street, Glasgow G32 6RJ2
£80.4K12/210.68 mi137, Whitburn Street, Glasgow G32 6RD2
£73K05/210.69 mi43, Cardowan Road, Glasgow G32 6RT2
£82K03/210.93 mi679, Royston Road, Glasgow G21 2DS2
£111K12/210.94 mi32, Lochview Gardens, Glasgow G33 1QA2
£152.5K06/240.94 mi26, Lochview Gardens, Glasgow G33 1QA2
£95.3K06/210.97 mi25, Lockhart Street, Glasgow G21 2AP2

Local Rents

20 rents from £750/mo to £1.3K/mo, average is £898/mo.

RentDateDistanceAddressBeds 
£92512/240.26 miMorningside Street, Riddrie, Glasgow, G33 2LT2
£79512/240.28 mi-2
£99504/240.33 mi-2
£89512/240.33 mi-2
£99502/250.33 mi-2
£99504/240.33 miDon Street, Glasgow, G332
£99512/240.33 miDon Street, Glasgow, G332
£85012/240.34 miLoretto Street, Glasgow, G332
£90001/240.35 mi-2
£89503/250.35 mi-2
£90004/240.35 miGough Street, Riddrie, G332
£89512/240.38 mi-2
£1,25012/240.42 mi-2
£1,25004/240.42 miCumbernauld Road, Glasgow, G332
£95012/240.5 miEdinburgh Road, Dennistoun, Glasgow, G33 2EB2
£79012/240.5 mi-2
£85012/240.58 mi-2
£79502/250.58 mi-2
£85004/240.61 miMoorfoot Street, Glasgow, G322
£75004/240.62 miInverleith Street, Glasgow, G322

Local Area Statistics

 

 

Rental growth (12m)

+21%

Sales demand

Seller's market

Capital growth (5yrs)

+45%

Property History

Listed for £50,000

September 27, 2024

Floor Plans

Description

  • Ground floor flat +
  • Two bedrooms +
  • Balcony off lounge +
  • Quiet location +
  • Gas central heating +
  • Double glazing +
  • Secure door entry +
  • Early viewing advised +

SUMMARY
*Closing Date Tuesday 8th of October 12pm **

This ground floor flat is situated within a seldomly available address located just off Liberton Street this two bedroom flat is ideal for a range of prospective purchasers and early viewing is advise to apricate this flat.

DESCRIPTION
The property is situated on Gogar Place nestled away within a popular location with great links. The internals of the flat comprises of welcoming hallway with two inbuilt storage cupboards, lounge, kitchen, two bedrooms and a shower room. The lounge is spacious in terms of size with aspects to the front enhancing the south aspects on offer, the lounge also gives access out onto the balcony which also benefits from the Southern aspects. The kitchen is to the rear of the property with a selection of wall and base mounted with integrated appliances such as oven, gas hob and extractor fan, there is also space for freestanding appliances. Also to the rear is the secondary bedroom and the shower room, The shower room itself has W.C with vanity unit and walk in electric shower. The secondary bedroom is well balanced in size and completing the internals is the primary bedroom which benefits from two useful storage cupboards and is enhanced by front facing aspects allowing for an abundance of natural light. The property is further enhanced by a system of gas central heating via a combination boiler, double glazing throughout, south facing balcony and security door entry system. Internal inspection is highly recommended to fully appreciate the accommodation on offer. The sale of this property is subject to grant of probate. Please seek an update from the branch with regards to the potential timeframes involved

Hallway 

Lounge 16' x 12' 1" ( 4.88m x 3.68m )

Kitchen 12' 1" x 6' 8" ( 3.68m x 2.03m )

Bedroom 12' 2" x 10' 5" ( 3.71m x 3.17m )

Bedroom 12' 2" x 9' 2" ( 3.71m x 2.79m )

Shower Room 

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Allen & Harris, Dennistoun Glasgow

0141 673 5901

Next Steps?

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