7 Bed Terraced House, Refurb/BRRR, Glasgow, G20 6HJ, £750,000

8 Holyrood Crescent, Kelvinbridge, G20 6HJ, Glasgow - 7 views - 4 months ago

Under Offer
Refurb/BRRR
ROI: 4%
~217 m²
+11 photos

ValuationOvervalued

Sold Prices£116K - £925K

 

 

Square Metres

~217 m²

Value Estimate

£591,722

 

 

End Value (After Refurb)

£377,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£187,500

Stamp Duty & Legal Fees

£41,900

Refurb Costs

£84,933

Bridging Loan Interest

£19,688

Total Cash In

£335,771

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£377,500

Mortgage (After Refinance)

£283,125

Mortgage LTV

75%

Cash Left In

£335,771

Equity

£94,375

Rent Range

£1,600 - £4,950

Rent Estimate

£2,659

Running Costs/mo

£1,731

Cashflow/mo

£928

Cashflow/yr

£11,130

ROI

3%

Gross Yield

4%

Local Sold Prices

50 sold prices from £116K to £925K, average is £417.8K.

PriceDateDistanceAddressBeds 
£830K03/210.7 mi27, Ashton Road, Glasgow G12 8SP4
£230K09/210.7 mi15, Oran Place, Glasgow G20 8BB4
£221K02/211.17 mi27, Drumfearn Road, Glasgow, Gla G22 6LA4
£281K05/211.53 mi501, Dumbarton Road, Glasgow G11 6UA4
£565K08/211.54 mi36, Hughenden Gardens, Glasgow G12 9YH4
£590.6K08/211.67 mi9, Rowallan Gardens, Glasgow G11 7LH4
£210K11/211.72 mi17, Parsonage Square, Glasgow G4 0TA4
£116K03/211.75 mi182, Westray Street, Glasgow G22 7AZ4
£230K02/211.77 mi132, Millhouse Drive, Glasgow G20 0UF4
£145K11/211.79 mi131, Berneray Street, Glasgow G22 7AT4
£328K12/211.9 mi27, Lanark Street, Glasgow, Gla G1 5PY4
£735K02/212.03 mi8, Fifth Avenue, Glasgow, Gla G12 0AT4
£738K01/212.06 mi32, Mitre Road, Glasgow, Gla G14 9LD4
£286.5K08/212.06 mi85, Broomfield Road, Glasgow G21 3UD4
£250K06/212.06 mi105, Broomfield Road, Glasgow G21 3UD4
£230K04/212.07 mi55, Pine Place, Glasgow G5 0BX4
£390K08/212.09 mi6, Eider, Glasgow G12 0FD4
£600K07/212.09 mi57, St. Andrews Drive, Glasgow G41 5HQ4
£401.8K10/212.1 mi9, Westerlands, Glasgow G12 0FB4
£515K02/212.12 mi22, King Edward Road, Glasgow G13 1QW4
£200.2K08/212.14 mi4, Staffin Street, Glasgow G23 5EJ4
£331K07/212.19 mi4, Bishopsgate Road, Glasgow G21 1XD4
£572.4K02/212.2 mi2, Davidson Gardens, Glasgow, Gla G14 9JH4
£565.3K03/212.29 mi69, Essex Drive, Glasgow G14 9LX4
£322.2K12/202.3 mi12, Blackhill Court, Glasgow, Gla G23 5NL4
£290K01/212.36 mi31, Blackhill Gardens, Glasgow, Gla G23 5NE4
£160K08/212.38 mi151, Drumoyne Road, Glasgow G51 4BA4
£550K08/212.41 mi10, Stuart Drive, Bishopbriggs, Glasgow G64 2AS4
£925K11/212.41 mi6, Dalziel Drive, Glasgow G41 4PT4
£406.5K03/212.45 mi2, Viewfield Drive, Bishopbriggs, Glasgow G64 2AQ4
£925K10/212.47 mi18, Sutherland Avenue, Pollokshields, Glasgow G41 4JH4
£540K06/212.49 mi20, Jordanhill Drive, Glasgow G13 1SA4
£525.5K12/212.5 mi31, Torridon Avenue, Glasgow G41 5AT4
£373.8K03/212.56 mi27, Craigend Circus, Glasgow G13 2TY4
£230K03/212.56 mi58, Hilton Gardens, Glasgow G13 1DB4
£650K09/212.59 mi16, Southbrae Gardens, Glasgow G13 1UB4
£500K10/212.61 mi34, Lennox Avenue, Glasgow G14 9HG4
£482K12/212.63 mi12, Brackenbrae Road, Bishopbriggs, Glasgow G64 2AD4
£460K06/212.64 mi43, Danes Drive, Glasgow G14 9HY4
£430K04/212.64 mi14, Old Farm Road, Bearsden, Glasgow G61 1QA4
£500K11/212.71 mi50, Norse Road, Glasgow G14 9HT4
£264K05/212.71 mi26, Muirpark Drive, Bishopbriggs, Glasgow G64 1RB4
£595K02/242.78 mi7, Woodvale Avenue, Bearsden, Glasgow, Dunbartonshire G61 2JS4
£178K10/212.79 mi37, Inverness Street, Glasgow G51 4HG4
£525K05/242.8 mi17, Larchfield Road, Bearsden, Glasgow, Dunbartonshire G61 1AP4
£370K10/212.82 mi14, Rannoch Drive, Bearsden, Glasgow, Dunbartonshire G61 2JJ4
£410.1K08/212.82 mi4, Duthie Park Gardens, Glasgow G13 1GB4
£507.5K12/212.83 mi68, Woodvale Avenue, Bearsden, Glasgow, Dunbartonshire G61 2NZ4
£625K09/212.83 mi19, Hutchison Drive, Bearsden, Glasgow, Dumbarton G61 2JT4
£425.5K11/212.85 mi15, Banchory Crescent, Bearsden, Glasgow, Dunbartonshire G61 1DL4

Local Rents

50 rents from £1.6K/mo to £5K/mo, average is £2.8K/mo.

RentDateDistanceAddressBeds 
£2,60002/240.01 mi-4
£2,10012/240.01 mi-3
£4,95003/250.01 mi-9
£2,75004/240.04 miHMO Napiershall Street Glasgow G20 6HQ5
£2,60004/240.05 miHmo Napiershall Street, Glasgow, G204
£2,80004/240.09 mi-4
£2,86005/240.09 mi-4
£2,78004/240.09 miBarrington Drive, Glasgow, G44
£2,78004/240.09 miBarrington Drive, Glasgow, G44
£2,86005/240.09 miBarrington Drive, Glasgow, G44
£2,86005/240.09 miBarrington Drive, Glasgow, G44
£2,10005/240.09 mi-3
£2,10005/240.09 miBarrington Drive, Glasgow, G43
£3,00005/240.09 mi-4
£3,00005/240.09 miGreat Western Road, Glasgow, G44
£3,00005/240.09 miGreat Western Road, Glasgow, G44
£2,49004/240.1 miGreat Western Road, Woodlands, Glasgow, G43
£3,25004/240.1 miGreat Western Road, Woodlands, Glasgow, G45
£2,80004/240.1 miHMO Woodlands Drive, Glasgow G4 9EQ4
£2,95004/240.1 mi-3
£2,95004/240.1 miGreat Western Road, Glasgow, G43
£3,02004/240.1 miGreat Western Road, Woodlands, Glasgow, G44
£2,20005/240.1 miGreat Western Road, Woodlands, Glasgow, G44
£3,02005/240.1 miGreat Western Road, Woodlands, Glasgow, G44
£2,98005/240.1 miGreat Western Road, Woodlands, Glasgow, G44
£3,85005/240.1 miGreat Western Road, Woodlands, Glasgow, G45
£3,23004/240.11 miNorth Woodside Road, Kelvinbridge, Glasgow, G204
£1,70003/250.11 mi-3
£2,20004/250.12 mi-3
£2,10005/240.12 miWest Princes Street, Glasgow, G43
£2,40001/250.12 mi-4
£2,25004/240.13 miDunearn Street, Woodlands, Glasgow, G43
£3,50004/240.13 mi-5
£1,95012/240.13 miGreat Western Road, Glasgow, Glasgow City, G43
£2,19505/240.13 mi-3
£2,19505/240.13 miDunearn Street, Glasgow, G43
£2,80004/240.14 mi-4
£3,20004/240.14 miPark Road, Woodlands, Glasgow, G44
£3,20005/240.14 miPark Road, Woodlands, Glasgow, G44
£3,08005/240.14 miPark Road, West End, Glasgow, G44
£3,00005/240.14 miPark Road, Woodlands, Glasgow, G44
£3,00005/240.14 miPark Road, Woodlands, Glasgow, G44
£2,02505/240.14 miWest Princes Street, Woodlands, Glasgow, G43
£1,95004/240.14 miWoodlands Drive, Glasgow, G43
£2,80005/240.15 miWest Princes Street, Glasgow, G44
£2,05012/240.15 mi-4
£2,50004/240.15 miBarrington Drive, Glasgow, G44
£1,95004/240.15 miWoodlands Drive, Woodlands3
£1,60004/240.15 miWoodlands Drive, West End, Glasgow, G43
£3,00005/240.16 miRupert Street, Woodlands, Glasgow, G44

Local Area Statistics

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Seller's market

Capital growth (5yrs)

+25%

Property History

Price changed to £750,000

March 12, 2025

Listed for £665,000

November 21, 2024

Sold for £340,000

2003

Floor Plans

Description

Description
This highly sought-after three storey townhouse, located in the heart of Glasgow's prestigious Kelvinbridge, offers a rare opportunity to acquire a spacious and character-filled property. With ten apartments spread across the three floors, the home provides ample space and potential, making it an ideal project for a family or an investor. Subject to the necessary consents, there could be options to split the property into two or three apartments.

The property retains many original features, including stunning decorative cornice work, original flooring, and a sweeping staircase, all of which contribute to its unique charm. Externally, the townhouse benefits from front and back gardens, offering private outdoor space, along with a large garage providing convenient parking and additional storage. This is the only house on the Crescent with a garage, and the property also benefits from access to the communal residents' gardens.

Recent upgrades include a newly re-roofed structure, gas central heating, and double glazing to the rear, ensuring comfort and peace of mind. While the property does require some modernisation, it offers the perfect blank canvas for those looking to restore and enhance it to their personal tastes. Situated in the desirable Kelvinbridge area, this home provides easy access to local amenities, public transport, and green spaces, making it an excellent location for both family living and investment. With its potential and prime position, this townhouse is a rare find in one of Glasgow's most sought-after locations.

EER Band: D
Local Area
Kelvinbridge is close to Byres Road and Great Western Road which provides an array of excellent amenities including bars, restaurants, delicatessens, and retailers including Paesano Pizza, Cottonrake Bakery, Roots Fruits & Flowers, La Lanterna and Farrow & Ball. The River Kelvin Walkway, Botanic Gardens and Kelvingrove Park are also nearby.

Good public transport is available with a choice of Kelvinbridge underground station, railway and bus routes to Glasgow City Centre and beyond.

There is private schooling available on Great Western Road at Glasgow Academy, and a number of excellent local primary and secondary schools. Glasgow University is situated on University Avenue, just off Byres Road, and provides world class further education.

Directions

From Corum's office on Hyndland Road, head north and turn right at the traffic lights onto Great Western Road. Continue on Great Western Road, passed the Botanic Gardens and Byres Road, and over the River Kelvin. Turn left onto Naipershall Street, left again onto Holyrood Quadrant, and left again onto Holyrood Crescent, where number 8 will be found on the right hand side.

Agent Details

Corum, West End

0141 673 4501

Next Steps?

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