2 Bed Flat, Single Let, Glasgow, G41 3HT, £145,000

211693177 Tantallon Road, Glasgow, G41 - 2 views - 4 months ago

BTL

ROI: 7%

~68 m²

+22 photos

ValuationOvervalued

Sold Prices	£92K - £396K

Square Metres	~68.11 m²
Value Estimate	£126,372£126,372

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£36,250£36,250
Stamp Duty & Legal Fees	£5,550£5,550
Total Cash In	£41,800£41,800

Cash Out
Rent Range	£895 - £1,550£895 - £1,550
Rent Estimate	£900
Running Costs/mo	£653£653
Cashflow/mo	£247£247
Cashflow/yr	£2,963£2,963
ROI	7%7%
Gross Yield	7%7%

Local Sold Prices

23 sold prices from £92K to £396K, average is £206K.

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£147K	09/21	0.05 mi	420, 2/1, Tantallon Road, Glasgow, Gla G41 3HR	-	-	2	Flat
£206K	08/21	0.14 mi	37, Corrour Road, Glasgow G43 2DZ	-	-	2	Flat
£237.5K	08/21	0.36 mi	4a, Carment Drive, Glasgow G41 3PP	-	-	2	Flat
£265K	03/21	0.36 mi	25, Carment Drive, Shawlands, Glasgow G41 3PP	-	-	2	Flat
£97.5K	02/21	0.42 mi	18, Muirskeith Road, Glasgow G43 2JZ	-	-	2	Flat
£254K	04/21	0.42 mi	3b, Carmichael Place, Glasgow G42 9UE	-	-	2	Flat
£97.2K	08/21	0.48 mi	14, Cherrybank Road, Glasgow G43 2PJ	-	-	2	Flat
£92K	02/24	0.55 mi	0/1, 31, Ashmore Road, Glasgow G43 2LZ	-	-	2	Flat
£292K	05/21	0.67 mi	11, Lanton Road, Glasgow G43 2SR	-	-	2	Flat
£295K	02/21	0.68 mi	59, Durward Avenue, Glasgow G41 3UW	-	-	2	Flat
£130.2K	04/21	0.8 mi	31a Greenholme Court, Greenholme Street, Glasgow G44 4DU	-	-	2	Flat
£172.9K	11/21	0.82 mi	3 3/1, Castlebrae Gardens, Glasgow G44 4EB	-	-	2	Flat
£200K	08/21	0.88 mi	120a, Queens Drive, Glasgow G42 8QN	-	-	2	Flat
£382.5K	07/21	0.91 mi	11, Ashlea Drive, Giffnock, Glasgow, Renfrewshire G46 6BX	-	-	2	Flat
£330K	12/21	0.92 mi	41, Queen Square, Glasgow G41 2BD	-	-	2	Flat
£175K	03/21	0.92 mi	183, Queens Drive, Glasgow G42 8QD	-	-	2	Flat
£339.2K	04/21	0.93 mi	22, Darnley Road, Glasgow G41 4NB	-	-	2	Flat
£191.2K	09/21	0.95 mi	72, Mount Annan Drive, Glasgow G44 4RX	-	-	2	Flat
£115K	04/21	0.95 mi	Flat 20 Homeblair House, Ravenstone Drive, Giffnock, Glasgow G46 6AL	-	-	2	Flat
£193K	06/21	0.96 mi	75, Hazelden Gardens, Glasgow, Ren G44 3HF	-	-	2	Flat
£230K	02/24	0.99 mi	475, Clarkston Road, Glasgow G44 3LW	-	-	2	Flat
£220K	11/21	0.99 mi	471, Clarkston Road, Glasgow, Gla G44 3LW	-	-	2	Flat
£396K	08/21	1 mi	1c, Hazelden Park, Glasgow G44 3HA	-	-	2	Flat

Local Rents

52 rents from £895/mo to £1.6K/mo, average is £1.1K/mo.

Rent	Date	Distance	Address	Beds	Type
£970	04/24	0 mi	Tantallon Road, Shawlands, Glasgow, G41	2	Flat
£1,150	12/24	0.01 mi	-	2	Flat
£1,200	05/24	0.01 mi	-	2	Flat
£1,200	05/24	0.01 mi	Tantallon Road, Glasgow, G41	2	Flat
£1,200	04/24	0.12 mi	Mansionhouse Gardens	2	Flat
£895	04/24	0.16 mi	Corrour Road, Glasgow, G43	2	Flat
£1,095	02/25	0.17 mi	-	2	Flat
£950	12/24	0.18 mi	-	2	Flat
£1,250	04/24	0.19 mi	Cartha Street, Glasgow, G41	2	Flat
£1,195	05/24	0.2 mi	-	2	Flat
£1,195	05/24	0.2 mi	Mansionhouse Road, Glasgow, G41	2	Flat
£950	05/24	0.23 mi	Holmbank Avenue, Shawlands, G41 3JH	2	Flat
£1,075	04/24	0.24 mi	Shawlands, Bellwood Street, G41 3ES - Unfurnished	2	Flat
£1,500	03/25	0.26 mi	-	2	Flat
£1,060	04/24	0.27 mi	White Cart Court, Shawlands, Glasgow, G43	2	Flat
£1,295	11/24	0.28 mi	-	2	Flat
£1,250	04/24	0.29 mi	Tantallon Road , Flat 1/2 , Shawlands, Glasgow, G41 3LU	2	Flat
£1,200	04/24	0.29 mi	Kilmarnock Road, Flat 3/3, Shawlands, Glasgow, G43 1TU	2	Flat
£1,095	04/24	0.29 mi	Kilmarnock Road, Flat 3/3, Shawlands, Glasgow, G43 1TU	2	Flat
£1,095	04/24	0.29 mi	Kilmarnock Road, Flat 3/3, Shawlands, Glasgow, G43 1TU	2	Flat
£1,095	04/24	0.29 mi	Kilmarnock Road, Flat 3/3, Shawlands, Glasgow, G43 1TU	2	Flat
£1,395	05/24	0.3 mi	-	2	Flat
£1,395	05/24	0.3 mi	-	2	Flat
£1,395	05/24	0.3 mi	-	2	Flat
£1,200	04/24	0.3 mi	Flat 1/2, 294 Kilmarnock Road, Glasgow, G43	2	Flat
£1,195	04/24	0.3 mi	Walton Street, Glasgow	2	Flat
£1,150	02/25	0.32 mi	-	2	Flat
£995	04/24	0.33 mi	Dundrennan Road, Glasgow, G42 9SD	2	Flat
£900	04/24	0.33 mi	Dundrennan Road, Battlefield, Glasgow, G42	2	Flat
£1,200	04/24	0.33 mi	Strathyre Street, Shawlands, Glasgow, G41	2	Flat
£995	04/24	0.34 mi	Deanston Drive, Glasgow	2	Flat
£1,000	04/24	0.34 mi	Dundrennan Road, Glasgow, G42	2	Flat
£1,450	04/24	0.34 mi	Edgemont Street, Flat 1/2, Shawlands, Glasgow, G41 3EH	2	Flat
£1,150	01/25	0.35 mi	-	2	Flat
£1,100	04/24	0.35 mi	-	2	Flat
£1,095	04/24	0.36 mi	Grantley Street, Shawlands, Glasgow	2	Flat
£1,550	04/24	0.36 mi	Deanston Drive, Glasgow, G41	2	Flat
£1,200	04/24	0.36 mi	-	2	Flat
£1,100	04/24	0.36 mi	Walton Street, Shawlands, G41 3LG	2	Flat
£995	04/24	0.36 mi	Walton Street, Shawlands	2	Flat
£950	04/24	0.37 mi	30 Mount Stuart Street, Shawlands, G41 3LZ	2	Flat
£1,195	11/24	0.37 mi	-	2	Flat
£1,200	04/24	0.37 mi	-	2	Flat
£1,100	04/24	0.37 mi	Cartvale Road, Battlefield, Glasgow, G42	2	Flat
£1,195	04/24	0.37 mi	Dundrennan Road, Battlefield, G42 9SA	2	Flat
£950	05/24	0.38 mi	Lethington Avenue, Shawlands, Glasgow, G41	2	Flat
£995	10/23	0.39 mi	Trefoil Avenue,Glasgow,G41	2	Flat
£1,095	05/24	0.39 mi	Trefoil Avenue, Glasgow, G41	2	Flat
£1,200	05/24	0.39 mi	Trefoil Avenue, Flat 0/1, Shawlands, Glasgow, G41 3PB	2	Flat
£1,200	05/24	0.39 mi	Trefoil Avenue, Flat 0/1, Shawlands, Glasgow, G41 3PB	2	Flat
£1,200	04/24	0.39 mi	Skirving Street, Shawlands, Glasgow, G41	2	Flat
£1,050	05/24	0.4 mi	-	2	Flat

Local Area Statistics


Rental demand	Landlord's marketLandlord's market
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+44%+44%

Property History

Price changed to £145,000

January 7, 2025

Price changed to £155,000

December 8, 2024

Listed for £160,000

November 26, 2024

Description

Buy-to-Let Opportunity +
2 Bedrooms +
Modern Kitchen +
Spacious Rooms +
Likely to attract enquiries from Serious Investors & Developers. +
INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack) +

Our latest listing is a 2 bedroom flat located in Glasgow. It is in close proximity to valuable amenities, is able to generate rewarding rental returns and has a tenant currently situated.

This well-kept home features a 2 bedroom, 1 bathroom, a lounge and a kitchen.

Investment Details

It currently produces an annual gross income of £10,800 which could be increased by the new owner to a market rate of £12,000 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below. If you are interested, please call us.

Tenancy Details

Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.