3 Bed Detached House, Cash/Bridging Only, Glasgow, G72 8TX, £245,000

East Greenlees Crescent, Cambuslang, Glasgow, G72 8TX - 7 months ago

Cash
ROI: 1%
~100 m²
+14 photos

ValuationOvervalued

Sold Prices£65K - £356.1K

 

 

Square Metres

~99.78 m²

Value Estimate

£220,000

 

 

End Value (After Refurb)

£193,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£61,250

Stamp Duty & Legal Fees

£8,550

Refurb Costs

£38,862

Bridging Loan Interest

£6,431

Total Cash In

£116,843

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£193,000

Mortgage (After Refinance)

£144,750

Mortgage LTV

75%

Cash Left In

£116,843

Equity

£48,250

Rent Range

£595 - £1,700

Rent Estimate

£905

Running Costs/mo

£804

Cashflow/mo

£101

Cashflow/yr

£1,211

ROI

1%

Gross Yield

4%

Local Sold Prices

40 sold prices from £65K to £356.1K, average is £198.6K.

PriceDateDistanceAddressBeds 
£290K09/210.32 mi15, Huntly Drive, Cambuslang, Glasgow, Lanarkshire G72 8PU3
£193.3K06/210.39 mi7, Dean Park Drive, Cambuslang, Glasgow, Lanark G72 8RR3
£356.1K07/210.42 mi7, Burncleuch Avenue, Cambuslang, Glasgow, Lanarkshire G72 8NU3
£215.4K11/210.43 mi11, Deans Avenue, Cambuslang, Glasgow, Lanarkshire G72 8UT3
£120.2K06/210.45 mi52, Kirkton Road, Cambuslang, Glasgow, Lanarkshire G72 8LF3
£147.1K08/210.83 mi20, Helmsdale Court, Cambuslang, Glasgow, Lanark G72 7YR3
£220K03/210.84 mi43, Grenville Drive, Cambuslang, Glasgow, Lanarkshire G72 8DW3
£280.6K11/210.84 mi26, Ash Wynd, Cambuslang, Glasgow, Lanark G72 7ZD3
£150K11/210.84 mi3, Conan Court, Cambuslang G72 7YU3
£158K05/210.84 mi15, Conan Court, Cambuslang, Glasgow, Lanarkshire G72 7YU3
£197.3K03/210.91 mi58, Alder Gate, Cambuslang, Glasgow, Lanarkshire G72 7ZF3
£205K05/210.92 mi29, Scalloway Lane, Cambuslang, Glasgow, Lanarkshire G72 8HN3
£195.1K12/210.95 mi94, Lochmaben Crescent, Cambuslang, Glasgow, Lanarkshire G72 8ZA3
£220K11/211.04 mi28, Westfarm Court, Cambuslang, Glasgow, Lan G72 7RH3
£162.5K09/211.09 mi31, Martyn Grove, Cambuslang, Glasgow, Lanarkshire G72 8FN3
£180K08/211.11 mi3, Library Gardens, Cambuslang, Glasgow, Lanark G72 8AL3
£190.3K02/211.11 mi53, Magnolia Drive, Cambuslang, Glasgow, Lan G72 7NP3
£170K06/211.12 mi51, Oak Wynd, Cambuslang, Glasgow, Lanarkshire G72 7GS3
£240K07/211.13 mi2, Islay Avenue, Rutherglen, Glasgow, Lanarkshire G73 5NH3
£196.4K05/211.16 mi15, Spruce Drive, Cambuslang, Glasgow, Lanarkshire G72 7FW3
£125K07/211.16 mi52, Mitchell Avenue, Cambuslang, Glasgow, Lanark G72 7SG3
£165K05/211.4 mi224, Trossachs Road, Rutherglen, Glasgow, Lanarkshire G73 5PQ3
£125K03/211.43 mi37, Ardargie Drive, Glasgow G32 8NW3
£120K06/211.45 mi12, Duisdale Road, Glasgow, Lanark G32 8EQ3
£333K03/211.5 mi23, Kincath Avenue, Rutherglen, Glasgow, Lanarkshire G73 4RP3
£125K10/211.5 mi14, Toronto Walk, Glasgow, Lanark G32 8AZ3
£275.1K09/211.53 mi189, Blairbeth Road, Rutherglen, Glasgow, Lanarkshire G73 5DJ3
£290K11/211.53 mi16, Balmoral Drive, Glasgow, Lanark G32 8DW3
£220K08/211.59 mi14, Fishescoates Avenue, Rutherglen, Glasgow, Lanarkshire G73 5DZ3
£260K02/211.62 mi210, Brownside Road, Rutherglen, Glasgow G73 5BE3
£269.3K08/211.69 mi44, East Kilbride Road, Rutherglen, Glasgow, Lanarkshire G73 5EB3
£157K10/211.77 mi43, Buckingham Drive, Rutherglen, Glasgow, Lan G73 3NH3
£65K07/211.79 mi1, Ryan Way, Fernhill Burnside, Rutherglen G73 4AQ3
£210K03/211.83 mi22, Manor Way, Rutherglen, Glasgow, Lanarkshire G73 4EP3
£202K08/211.86 mi17, Larchfield Drive, Rutherglen, Glasgow, Lanarkshire G73 4HA3
£290K03/211.87 mi21, Greystone Avenue, Rutherglen, Glasgow, Lanarkshire G73 3SN3
£193K07/211.92 mi25, Tarbert Avenue, Blantyre, Glasgow, Lanarkshire G72 9PB3
£226.1K08/211.96 mi231, Stonelaw Road, Rutherglen, Glasgow, Lanarkshire G73 3RJ3
£200K11/211.98 mi91, Limeside Avenue, Rutherglen, Glasgow, Lanarkshire G73 3TU3
£312K12/211.99 mi26, Stirling Drive, Rutherglen, Glasgow, Lanarkshire G73 4JH3

Local Rents

50 rents from £595/mo to £1.7K/mo, average is £778/mo.

RentDateDistanceAddressBeds 
£95004/240.24 miLilybank Avenue, Cambuslang, Glasgow, G72 8QP3
£80002/250.37 mi-2
£77512/240.4 mi-2
£77512/240.4 miCairns Road, Cambuslang, Glasgow, G722
£79504/240.41 miHamilton Road, Cambuslang, G722
£78012/230.41 mi-2
£69504/240.41 miCairns Road, Cambuslang, G722
£65012/240.47 miHamilton Road, Glasgow, G722
£69512/240.48 mi14 Mill Road 2
£75004/240.5 miHugh Murray Grove, Cambuslang, Glasgow, G722
£69912/240.52 miMill Road, Cambuslang, G722
£75004/240.54 miCastle Chimmins Avenue, Cambuslang, Glasgow, G722
£72512/240.55 miCroft Road , Glasgow, G72 8LB2
£75004/240.67 mi19 Gateside Avenue, Cambuslang2
£1,10012/240.71 mi14 Hutchinson Place, Cambuslang G72 8XX3
£1,70004/240.76 miDouglas Gate, Cambuslang4
£89504/250.78 mi-2
£69002/250.79 mi-2
£75012/240.79 miFreeneuk Lane, Cambuslang2
£1,20004/240.81 miClaudius Crescent Cambuslang3
£82504/240.83 miStrathclyde Gardens, Glasgow, G722
£62512/240.83 miStrathclyde Gardens, Cambuslang, Glasgow, G721
£90001/250.84 mi-2
£1,15004/250.84 mi-3
£59512/240.86 mi-1
£87504/250.87 mi-3
£82504/240.87 miMain Street, Cambuslang2
£75004/250.87 mi-2
£85012/240.88 mi-2
£67504/240.92 miMain Street, Cambuslang, G722
£1,49512/240.98 miLaurel Wynd,Cambuslang,Glasgow,G724
£1,50004/241 miAcacia Way, Cambuslang4
£85004/241.01 miMedlar Court, Cambuslang2
£1,59512/241.03 mi-2
£1,59512/241.03 miArthur Walk, Cambuslang, Glasgow, G722
£1,35012/241.07 mi-3
£1,35012/241.07 miMcgahey Drive, Cambuslang, Glasgow, G723
£65001/241.09 mi-2
£72512/241.09 mi-2
£79512/241.16 miWestfarm Court, Glasgow, G722
£1,10012/241.21 miBale Avenue, Glasgow, G723
£65001/241.23 mi-2
£89502/251.26 mi-2
£75004/251.28 mi-1
£1,20010/231.29 miCuillins Road, Cathkin, Glasgow3
£70010/231.29 mi-2
£64903/241.3 mi-2
£67501/241.35 mi-1
£77511/231.36 mi-2
£75004/241.36 miRoss Place, Sprinhall2

Local Area Statistics

 

 

Rental growth (12m)

+4%

Sales demand

Seller's market

Capital growth (5yrs)

+29%

Property History

Listed for £245,000

October 3, 2024

Floor Plans

Description

  • 3 Bedroom, Detached Villa +
  • Driveway & Detached Garage +
  • Private Landscaped Gardens +
  • Double Glazing & Gas Central Heating +
  • Freshley Decorated Throughout +
  • Situated in a Sought After Pocket in Cambuslang +

Presenting this lovely 3 bedroom detached villa which is brought to the market in walk in condition. Likely to appeal to many discerning purchasers thus early inspection highly recommended to fully appreciate the attributes of this fine property on offer.

Accommodation
Viewing strictly by appointment only.

Driveway, detached garage, beautiful and private gardens, freshly decorated throughout are just some of the wonderful aspects of this property.

Comprising; door to welcoming entrance hallway with under stair storage cupboard, plus additional walk-in cupboard.
The lounge is off the hallway, front facing and has focal fire place with marble surround and is a lovely bright room, there are sliding doors off that lead directly into the good sized dining room which has ample room for dining table and chairs and features a patio door leading to the patio and rear gardens and makes this a wonderful room for family get togethers and entertaining. The kitchen is off the dining room, has been repainted in recent times and comprises a good range of wall and base units, gas oven, gas hob with extractor over. Again a door leads out to the private rear garden.
Upstairs are 2 double bedrooms and a single bedroom which have integrated storage. The rear double bedroom also has a built-in wardrobe.
Completing the accommodation is the family bathroom comprising of a 3-piece suite with shower over the bath. There is also a good sized laundry cupboard and access to the attic via a hatch off the upper landing. Finally, there is gas central heating and double glazing. Externally there are easily maintained gardens to the front, driveway and access to the detached garage and to the rear are private, peaceful and beautifully landscaped gardens with patio area laid with slabs, lawn and borders stocked with plants and mature shrubs.

Description
The property enjoys a quiet setting within a highly sought after pocket in Cambuslang. The area is well placed for schooling and transportation links to the City Centre and beyond with Cambuslang and Kirkhill train stations being close by. The M74 and M8 motorways provides great access across the central belt. There are a good variety of shops available within Cambuslang itself as well as cafes and eateries. Recreational facilities within the area include several parks, gyms, a leisure centre, bowling clubs, tennis clubs and golf clubs.

Council Tax Band E
Energy Efficiency C

Proof and source of Funds/Anti Money Laundering.
Under the HMRC Anti Money Laundering legislation, all offers to purchase a property on a cash basis or subject to mortgage require evidence of source of funds. This may include evidence of bank statements/funding source, mortgage or confirmation from a solicitor the purchaser has the funds to conclude the transaction.
All individuals involved in the transaction are required to produce proof of identity and proof of address. This is acceptable either as original or Certified documents.

Agent Details

Austin Beck, Burnside

0141 673 4598

Next Steps?

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