3 Bed Terraced House, Refurb/BRRR, Glasgow, G74 2AJ, £135,000

Glen Carron, St Leonards, East Kilbride, G74 2AJ - 6 views - 5 months ago

Under Offer
Refurb/BRRR
ROI: 5%
~93 m²
+6 photos

ValuationOvervalued

Sold Prices£107K - £200K

 

 

Square Metres

~93 m²

Value Estimate

£113,900

 

 

End Value (After Refurb)

£135,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£33,750

Stamp Duty & Legal Fees

£5,250

Refurb Costs

£36,345

Bridging Loan Interest

£3,544

Total Cash In

£80,639

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£135,000

Mortgage (After Refinance)

£101,250

Mortgage LTV

75%

Cash Left In

£80,639

Equity

£33,750

Rent Range

£695 - £1,200

Rent Estimate

£984

Running Costs/mo

£639

Cashflow/mo

£345

Cashflow/yr

£4,144

ROI

5%

Gross Yield

9%

Local Sold Prices

48 sold prices from £107K to £200K, average is £139K.

PriceDateDistanceAddressBeds 
£118K09/210.1 mi4, Glen Nevis, East Kilbride, Glasgow, Lanark G74 2BL3
£138K05/210.11 mi268, Glen More, St. Leonards, Glasgow G74 2AL3
£115K09/210.14 mi20, Loch Assynt, East Kilbride, Glasgow, Lanark G74 2DW3
£125K07/210.15 mi57, Glen Farrar, East Kilbride, Glasgow, Lan G74 2AG3
£163.6K12/210.16 mi3, Loch Meadie, East Kilbride, Glasgow, Lanark G74 2DJ3
£170K10/210.17 mi17, Mount Cameron Drive North, East Kilbride, Glasgow, Lanarkshire G74 2ER3
£145K09/210.18 mi107, Glen More, East Kilbride, Glasgow, Lanarkshire G74 2AS3
£123K06/210.18 mi29, Glen Affric, East Kilbride, Glasgow, Lanarkshire G74 2AF3
£163.5K04/210.25 mi27, Deveron Road, East Kilbride, Glasgow, Lanark G74 2HR3
£145K06/210.25 mi10, Loch Shin, East Kilbride, Glasgow, Lanarkshire G74 2DH3
£155K12/210.25 mi9, Loch Long, East Kilbride, Glasgow, Lanarkshire G74 2EL3
£130K05/210.33 mi30, Loch Loyal, East Kilbride, Glasgow, Lanark G74 2DE3
£133K03/210.34 mi23, Glen Bervie, East Kilbride, Glasgow, Lanark G74 3ST3
£158K03/210.34 mi14, Glen Bervie, East Kilbride, Glasgow, Lanarkshire G74 3ST3
£162K11/210.37 mi21, Semphill Gardens, East Kilbride, Glasgow, Lanark G74 3UH3
£200K06/210.38 mi89, Benbecula, East Kilbride, Glasgow, Lanarkshire G74 2BS3
£135K05/210.39 mi22, Bute, East Kilbride, Glasgow, Lanarkshire G74 2AZ3
£125K12/210.4 mi33, Mull, East Kilbride, Glasgow, Lanarkshire G74 2DT3
£145K10/210.44 mi16, Glen Clova, East Kilbride, Glasgow, Lanarkshire G74 3TD3
£175K11/210.46 mi24, Glen Lyon, East Kilbride, Glasgow, Lanarkshire G74 2JJ3
£130K08/210.48 mi67, Robertson Drive, East Kilbride, Glasgow, Lanark G74 3UF3
£130K12/210.5 mi84, Glen Prosen, East Kilbride, Glasgow, Lanarkshire G74 3TA3
£165K03/210.52 mi16, Glen Eagles, East Kilbride, Glasgow, Lan G74 2JN3
£155K02/210.52 mi6, Glen Eagles, East Kilbride, Glasgow, Lan G74 2JN3
£150.7K03/210.55 mi9, Elliot Crescent, East Kilbride, Glasgow, Lan G74 3ET3
£128.5K02/210.55 mi114, Colonsay, East Kilbride, Glasgow, Lan G74 2HG3
£176.5K08/210.64 mi29, Glen Tennet, East Kilbride, Glasgow, Lanark G74 3UX3
£156K07/210.65 mi47, Glen Lethnot, East Kilbride, Glasgow, Lan G74 3UZ3
£165K03/210.67 mi18, Capel Grove, East Kilbride, Glasgow, Lanarkshire G74 3DE3
£108K03/210.74 mi5, Naysmyth Bank, East Kilbride, Glasgow, Lanarkshire G75 0JE3
£180K04/240.74 mi3, Naysmyth Bank, East Kilbride, Glasgow, Lanarkshire G75 0JE3
£153.4K11/210.78 mi127, Elphinstone Crescent, East Kilbride, Glasgow, Lanarkshire G75 0PR3
£157.6K06/210.81 mi44, Ayton Park North, East Kilbride, Glasgow, Lanarkshire G74 3AX3
£122K03/210.82 mi26, Alison Lea, East Kilbride, Glasgow, Lanarkshire G74 3HW3
£122.5K11/210.84 mi91, Elphinstone Crescent, East Kilbride, Glasgow, Lanarkshire G75 0PP3
£137K02/210.84 mi31, Kelso Drive, East Kilbride, Glasgow, Lan G74 4BZ3
£107K10/210.84 mi35, Kelso Drive, East Kilbride, Glasgow, Lanarkshire G74 4BZ3
£142.5K11/210.88 mi78, Lairhills Road, East Kilbride, Glasgow, Lanarkshire G75 0LH3
£108K10/210.89 mi150, Elphinstone Crescent, East Kilbride, Glasgow, Lanark G75 0PW3
£145.5K09/210.89 mi9, Cantieslaw Drive, East Kilbride, Glasgow, Lanark G74 3AL3
£140K06/210.89 mi11, Cantieslaw Drive, East Kilbride, Glasgow, Lanarkshire G74 3AL3
£137K07/210.9 mi20, Urquhart Drive, East Kilbride, Glasgow, Lanarkshire G74 4DE3
£142K04/210.9 mi58, Urquhart Drive, East Kilbride, Glasgow, Lanarkshire G74 4DE3
£119.5K02/240.9 mi69, Somerville Drive, East Kilbride, Glasgow, Lanarkshire G75 0LT3
£138K11/210.93 mi53, Stirling Drive, East Kilbride, Glasgow, Lanarkshire G74 4DQ3
£112K07/210.93 mi46, Maxwellton Road, East Kilbride, Glasgow, Lanarkshire G74 3LU3
£117K02/240.97 mi44, Livingstone Drive, East Kilbride, Glasgow, Lanarkshire G75 0HB3
£127.5K11/210.99 mi21, Raeburn Avenue, East Kilbride, Glasgow, Lanarkshire G74 3JP3

Local Rents

10 rents from £695/mo to £1.2K/mo, average is £900/mo.

RentDateDistanceAddressBeds 
£90003/240.1 mi-3
£90002/250.1 mi-3
£70004/240.12 miLoch Assynt, East Kilbride, South Lanarkshire, G743
£69504/240.14 miLoch Assynt, East Kilbride, South Lanarkshire, G743
£85011/230.25 mi-3
£92504/240.36 miGlen Doll, Glasgow, G743
£90004/240.47 miAngus Avenue, East Kilbride, South Lanarkshire, G743
£1,20010/240.57 mi-3
£1,20001/250.57 mi-3
£1,20005/240.57 miColonsay, East Kilbride, Glasgow, G743

Local Area Statistics

 

 

Rental growth (12m)

-10%

Sales demand

Seller's market

Capital growth (5yrs)

+3%

Property History

Listed for £135,000

October 30, 2024

Floor Plans

Description

  • Requiring modernisation +
  • Lock up garage +
  • Ample parking to rear +
  • Electric heating +
  • UPVC double-glazing +
  • Shower room with electric shower +
  • Regular bus services +
  • Close to high regarded primary and secondary schools +
  • Convenient for Town Centre, Village & Kingsgate Retail Park +

This three-bedroom mid terraced villa although requiring modernisation, has a lock up garage to rear and in an area very popular with families.

It comprises on the ground level of the hallway with ample storage, spacious lounge, and dining kitchen overlooking the rear garden.

The upper level comprises of three well-proportioned bedrooms with ample storage, shower room with electric shower and fixed glass screen, and the loft can be accessed from the upper landing.

The front garden is laid to lawn. The rear garden is laid to lawn with a timber decked patio, it is surrounded by timber perimeter fencing with gate leading to the garage and parking area.

The council tax band is C
Location
The property is within St Leonards convenient for Blacklaw and St Hilary's Primary Schools, and Calderglen and St Andrew's and St Bride's High Schools. East Kilbride Town Centre, Village, Kingsgate Retail Park, and sports and recreational facilities are easily accessible from the area. The town also offers bus and rail services connecting to Glasgow City Centre and other destinations in and around the central belt.

Agent Details

Joyce Heeps Homes, East Kilbride

01355 201330

Next Steps?

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