2 Bed Flat, Single Let, Glasgow, G53 6QA, £99,500

Ravenscraig Drive, Priesthill, G53 6QA - 5 months ago

Under Offer
BTL
ROI: 11%
~64 m²
+6 photos

ValuationOvervalued

Sold Prices£52K - £257.5K

 

 

Square Metres

~64 m²

Value Estimate

£85,075

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£24,875

Stamp Duty & Legal Fees

£6,175

Total Cash In

£31,050

 

 

Cash Out

 

Rent Range

£750 - £1,200

Rent Estimate

£769

Running Costs/mo

£485

Cashflow/mo

£284

Cashflow/yr

£3,411

ROI

11%

Gross Yield

9%

Local Sold Prices

50 sold prices from £52K to £257.5K, average is £105.5K.

PriceDateDistanceAddressBeds 
£81K09/210.5 mi74, Househillwood Crescent, Glasgow G53 6BG2
£88K05/240.61 mi35, Meikle Road, Glasgow G53 5JD2
£100.5K04/240.61 mi57, Meikle Road, Glasgow G53 5JD2
£115K10/210.62 mi403, Parkhouse Road, Glasgow G53 7ST2
£75K05/210.68 mi14, Seamill Street, Glasgow G53 7AY2
£120K07/210.78 mi140, Craigflower Road, Glasgow G53 7XX2
£98K09/210.8 mi24, Southfield Crescent, Glasgow G53 5DG2
£52K05/210.83 mi17, Dryad Street, Thornliebank, Glasgow G46 8HB2
£82.5K06/210.84 mi40, Harport Street, Thornliebank, Glasgow G46 8HD2
£75K12/210.85 mi536, Boydstone Road, Thornliebank, Glasgow G46 8HW2
£194K10/210.87 mi75, Teasel Avenue, Glasgow G53 7UH2
£70K02/240.87 mi7, Colwood Path, Glasgow G53 7YG2
£127K06/240.97 mi140, Mulben Crescent, Glasgow G53 7EH2
£80K05/211.02 mi109, Neilsland Oval, Glasgow G53 5EN2
£116.5K12/211.09 mi30, Inverewe Avenue, Thornliebank, Glasgow G46 8TA2
£105K09/211.09 mi28, Inverewe Avenue, Thornliebank, Glasgow G46 8TA2
£98K05/211.14 mi32, Inverewe Gardens, Thornliebank, Glasgow G46 8TJ2
£97.5K08/211.24 mi726, Boydstone Road, Thornliebank, Glasgow G46 8LG2
£85.3K10/211.24 mi730, Boydstone Road, Thornliebank, Glasgow G46 8LG2
£70K11/211.25 mi47a, Main Street, Thornliebank, Glasgow, Renfrewshire G46 7SF2
£123K02/241.33 mi18, Loganswell Place, Thornliebank, Glasgow G46 8NQ2
£77.5K11/211.34 mi559, 0/1, Crookston Road, Glasgow G53 7AA2
£257.5K12/211.38 mi7 Woodlands, Woodlands Road, Thornliebank, Glasgow, Renfrew G46 7SE2
£148K03/211.39 mi20, Woodlands Road, Thornliebank, Glasgow, Renfrew G46 7SA2
£165.5K08/211.41 mi146, Hardridge Road, Glasgow, Gla G52 1RJ2
£143K05/211.43 miFlat 14, Glenbank Court, Rouken Glen Road, Thornliebank, Glasgow, Renfrew G46 7EG2
£205.4K05/241.44 mi43, Parklands View, Glasgow G53 7SN2
£85K07/211.5 mi53, Barrmill Road, Glasgow G43 1EQ2
£143.5K09/211.59 mi27, Orchard Court, Thornliebank, Glasgow, Renfrewshire G46 7BL2
£130K02/211.59 mi56, Orchard Court, Thornliebank, Glasgow, Renfrew G46 7BL2
£145.5K02/211.59 mi34, Orchard Court, Thornliebank, Glasgow G46 7BL2
£100K02/211.59 mi62d, Robslee Road, Thornliebank, Glasgow, Ren G46 7HJ2
£120.3K08/211.59 mi3c, Crum Avenue, Thornliebank, Glasgow, Renfrew G46 7HH2
£82K02/211.6 mi59, Ascaig Crescent, Glasgow, Gla G52 1QW2
£105K03/211.61 mi240, Aros Drive, Glasgow G52 1TH2
£119K09/211.61 mi473, Mosspark Drive, Glasgow G52 1NU2
£80K03/211.61 mi413, Mosspark Drive, Glasgow G52 1NU2
£135K02/211.62 mi3e, Inglestone Avenue, Thornliebank, Glasgow, Ren G46 7ES2
£91.4K04/241.64 mi184b, Dormanside Road, Glasgow G53 5XU2
£106K05/211.64 mi452, Mosspark Drive, Glasgow G52 1NG2
£120K02/241.65 mi557, Mosspark Drive, Glasgow G52 1QP2
£85.1K05/211.68 mi11, Aviemore Road, Glasgow G52 1QJ2
£115K07/211.78 mi241, Ashdale Drive, Glasgow G52 1PU2
£170K02/241.78 mi24, Torburn Avenue, Giffnock, Glasgow, Renfrewshire G46 7RB2
£107.5K12/211.82 mi43, Gauldry Avenue, Glasgow G52 3DN2
£115K02/241.82 mi108, Arisaig Drive, Glasgow G52 1PW2
£110K10/211.82 mi34, Arnhall Place, Glasgow G52 1PT2
£115.5K08/211.84 mi20, Inchbrae Road, Glasgow, Gla G52 3HA2
£105K07/211.84 mi21, Inchbrae Road, Glasgow G52 3HA2
£85K06/211.84 mi927, Mosspark Drive, Glasgow G52 3BZ2

Local Rents

26 rents from £750/mo to £1.2K/mo, average is £925/mo.

RentDateDistanceAddressBeds 
£99911/230.05 mi-2
£90004/240.44 miInvestment Way, Southside, Glasgow, G432
£90005/240.49 miNorthwood Close, Glasgow, G432
£1,15004/240.49 mi272 Cleeves Quadrant, Glasgow, G532
£80011/230.58 mi-2
£1,20012/230.6 mi-2
£95004/240.66 miFlat 0/2, 1 National Drive, Pollokshaws, Glasgow, G43 1AW2
£1,05007/240.67 mi-2
£1,09504/240.67 mi-2
£1,05011/230.68 mi-2
£1,20011/240.68 mi-2
£1,15007/240.74 mi-2
£85005/240.82 miDryad Street, Thornliebank, G46 8HB2
£77512/240.83 mi-2
£1,19512/240.84 miLangford Drive, Glasgow, G532
£75004/240.94 mi-2
£87512/240.99 mi-2
£87512/240.99 miFaskin Road, Glasgow, G532
£1,00002/251 mi-2
£82501/241.01 mi-2
£1,00004/241.05 miWaukglen Avenue, Southpark Village, Glasgow, G532
£1,20004/241.06 miInverewe Place, Deaconsbank, Glasgow, G46 8NU2
£87504/241.06 mi-2
£87501/251.1 mi-2
£79504/241.18 mi1/2 6 Jenny Lind Court, Glasgow G46 8QH2
£79504/241.24 miEastwood Crescent, Glasgow, G462

Local Area Statistics

 

 

Rental growth (12m)

+1%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Price changed to £99,500

January 19, 2025

Price changed to £110,000

December 6, 2024

Listed for £99,500

October 18, 2024

Floor Plans

Description

  • Immaculately Presented Two Bed Lower Cottage +
  • Brand New Bathroom +
  • Recently Refurbished +
  • UPVC Windows +
  • Gas Central Heating +
  • Generous Garden +

Recently rennovated and in walk in condition a beautifully presented spacious two bed preferred lower cottage flat offering well laid out accommodation which in full comprises entrance porch leading to reception hallway, freshly decorated generous lounge with pleasant open aspects to front, impressive modern fitted kitchen, two good sized bedrooms and ultra modern bathroom complete with three piece suite.

The property is further complemented by double glazing, gas central heating, garden grounds, resident parking and is freshly decorated throughout.

Ravenscraig Drive itself ideally placed for a range of local amenities and offers nearby high street shopping and dining at Silverburn Shopping Complex. Also close to hand are excellent public transport and motorway links providing easy access to Glasgow City Centre.

Viewing at the earliest is highly recommended to avoid disappointment.

No warranties, guarantees or inventory will be provided.

Agent Details

Westgate Estate Agents, Glasgow

0141 673 6716

Next Steps?

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