2 Bed Flat, Single Let, FK5 4RJ £98,000

85 Burnhead Road, Larbert, Stirlingshire, FK5 4RJ - 4 views - a year ago
BTL
ROI: 9%
67 m²
Property image
Property image

ValuationUndervalued

Sold Prices£70K - £180K
Sold Prices/m²£1.3K/m² - £2.8K/m²

 

 

Square Metres

67 m²
Price/m²£1.5K/m²

Value Estimate

£117,600
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£24,500

Stamp Duty & Legal Fees

£6,100

Total Cash In

£30,600

 

 

Cash Out

 

Rent Range

£450 - £3,495

Rent Estimate

£699

Running Costs/mo

£466

Cashflow/mo

£233

Cashflow/yr

£2,795

ROI

9%

Gross Yield

9%

Local Sold Prices

50 sold prices from £70K to £180K, average is £118K. £1.3K/m² to £2.8K/m², average is £2.1K/m².

Price
Date
Distance
Address
Beds
 
£105K04/250.06 mi85, Burnhead Road, Larbert FK5 4RJ2
£85K03/230.13 mi246, Muirhall Road, Larbert FK5 4RG2
£80K12/210.21 mi19, Balfour Crescent, Larbert FK5 4BB2
£93K04/250.25 mi23, Balfour Crescent, Larbert FK5 4BB2
£110K07/250.25 mi23, Balfour Crescent, Larbert FK5 4BB2
£130.4K06/250.27 mi26, Balfour Crescent, Larbert FK5 4BA2
£115K08/250.27 mi1, Balfour Crescent, Larbert FK5 4BB2
£165K02/250.27 mi14, Stance Place, Larbert FK5 4FA2
£75K12/240.28 mi20, Sir William Wallace Court, Larbert FK5 4GA2
£111K02/250.28 mi14, Balfour Crescent, Larbert FK5 4BA2
£172.5K02/230.28 mi10, Stance Place, Larbert FK5 4FA2
£117.5K10/240.29 mi20, Queens Court, Larbert FK5 4BS2
£110K10/210.29 mi18, Queens Court, Stenhousemuir, Larbert, Stirlingshire FK5 4BS2
£101.3K08/250.29 mi58, Sir William Wallace Court, Larbert FK5 4GA2
£100K08/250.29 mi57, Sir William Wallace Court, Larbert FK5 4GA2
£90.5K09/210.29 mi8, Sir William Wallace Court, Larbert, Stirlingshire FK5 4GA2
£83K07/210.29 mi3, Sir William Wallace Court, Larbert, Stirlingshire FK5 4GA2
£110K03/230.3 mi23, Queens Court, Larbert FK5 4BS2
£137K03/250.3 miFlat 1, 12, Mccormack Place, Larbert FK5 4TZ2
£143K11/240.31 mi10, Flat 2, Mccormack Place, Larbert FK5 4TZ2
£136.5K12/240.31 mi14, Flat 5, Mccormack Place, Larbert FK5 4TZ2
£148K08/250.32 miFlat 6, 16, Mccormack Place, Larbert FK5 4TZ2
£145.5K07/250.32 miFlat 7, 8, Mccormack Place, Larbert FK5 4TZ2
£134K03/230.33 mi5, Flat 9, Mccormack Place, Larbert FK5 4TU2
£144K06/250.33 miFlat 7, 20, Mccormack Place, Larbert FK5 4TZ2
£84K05/210.35 mi361, Main Street, Stenhousemuir, Larbert, Stg FK5 4BL2
£127.5K05/230.37 mi24, Flat 2, Mccormack Place, Larbert FK5 4TZ2
£152K08/250.37 miFlat 2, 24, Mccormack Place, Larbert FK5 4TZ2
£95K03/250.41 mi9, King Street, Larbert FK5 4HD2
£105K05/230.42 mi12, Rae Street, Larbert FK5 4QW2
£82.5K05/250.44 mi131, James Street, Larbert FK5 3HS2
£118K01/250.46 miKings Court, Flat 1, Main Street, Larbert FK5 3JR2
£113K07/250.46 miFlat 7, Kings Court, Main Street, Larbert FK5 3JR2
£105K08/250.46 miFlat 6, Kings Court, Main Street, Larbert FK5 3JR2
£70K01/250.47 mi30, Muirhall Road, Larbert FK5 4AP2
£160K07/250.47 miFlat 9, 43, Tryst Park, Larbert FK5 4FN2
£127.7K03/230.49 mi29, Campbell Drive, Larbert FK5 4PP2
£120K06/250.5 mi46a, King Street, Larbert FK5 4HE2
£170.5K06/250.5 miFlat 5, 3, Endrick Court, Larbert FK5 4WN2
£115K04/250.53 mi2, Jamieson Avenue, Larbert FK5 4TY2
£122K05/230.53 mi4, Jamieson Avenue, Larbert FK5 4TY2
£166K03/250.55 miFlat 9, 21, Wilkie Place, Larbert FK5 4GW2
£165K07/250.55 miFlat 1, 21, Wilkie Place, Larbert FK5 4GW2
£140K08/250.55 miFlat 12, 19, Wilkie Place, Larbert FK5 4GW2
£90K10/210.56 mi22, Old Bellsdyke Road, Larbert, Stirlingshire FK5 4EE2
£152K07/250.57 miFlat 2, 9, Crookston Court, Larbert FK5 4XE2
£170K07/250.57 miFlat 12, 3, Crown Crescent, Larbert FK5 4XP2
£140K03/250.58 miFlat 3, 7, Crookston Court, Larbert FK5 4XE2
£118K04/230.58 mi7, Flat 2, Crookston Court, Larbert FK5 4XE2
£180K08/250.59 miFlat 9, 5, Crown Crescent, Larbert FK5 4XP2

Local Rents

36 rents from £450/mo to £3.5K/mo, average is £850/mo.

Rent
Date
Distance
Address
Beds
 
£1,05009/250.28 miStance Place, Larbert, FK52
£85009/250.29 miQueens Court, Stenhousemuir, Larbert, FK52
£59508/250.29 miSir William Wallace Court, Larbert, Stirlingshire, FK52
£67504/240.29 miSir William Wallace Court, Larbert, FK52
£45008/250.29 miSir William Wallace Court, Larbert2
£75005/250.29 miSir William Wallace Court, Larbert2
£79506/250.29 miSir William Wallace Court, Larbert, FK52
£80007/250.29 miSir William Wallace Court, Larbert, Falkirk, FK52
£87508/250.29 miSir William Wallace Court, Larbert2
£85009/250.29 miSir William Wallace Court, Larbert, FK52
£69504/240.29 miSir William Wallace Court, Larbert, Stirlingshire, FK52
£3,49512/240.32 miFalcon Drive, Larbert, Stirlingshire, FK52
£87509/250.33 miMcCormack Place, Kinnaird Village, Larbert, FK52
£85006/250.34 miMcCormack Place, Flat 3,Larbert2
£47508/250.35 miELIZABETH AVENUE, Larbert, Stirlingshire, FK52
£89511/250.43 miCrookston Court, Larbert, FK52
£49508/250.46 miMuirhall Road, Larbert2
£79505/250.47 mi-2
£82005/250.49 mi-2
£70008/250.51 miCampbell Drive, Larbert, Falkirk, FK52
£85007/250.52 miEndrick Court, Larbert2
£85009/250.52 miEndrick Court, Larbert2
£85010/250.52 miEndrick Court, Larbert2
£72509/230.52 mi-2
£77507/250.54 miJamieson Avenue, Stenhousemuir, FK52
£1,35012/240.55 mi-2
£1,40002/250.55 mi-2
£1,10005/250.55 mi-2
£85006/250.56 miLarbert ,2
£92504/240.58 miLarbert, Stirlingshire2
£85007/250.58 miCrookston Court, Larbert, Stirlingshire, FK52
£97510/250.58 miLarbert, Stirlingshire2
£92510/250.58 miCrown Crescent, Larbert, FK52
£92507/250.59 miCrown Crescent, Larbert, Stirlingshire, FK52
£67504/240.59 miCrownest Loan, Stenhousemuir, Larbert, FK52
£80012/240.62 mi-2

Local Area Statistics

 

 

Rental growth (12m)

-13%

Sales demand

Seller's market

Capital growth (5yrs)

+44%

Property History

Listed for £98,000

December 18, 2024

Floor Plans

Property image

Description

  • Ground floor flat situated on one of Larbert's most desirable addresses +
  • Generous lounge to the front with views over Falkirk Tryst Golf course +
  • Fully fitted breakfasting kitchen +
  • 2 double bedrooms both with integrated wardrobes +
  • Stylish, recently installed shower room +
  • Freshly decorated throughout +
  • Shared drying green to the rear +
  • Paved driveway to the front with a recently erected fence +
  • Literally a few minutes' walk away from Larbert main street and train station +
  • Excellent motorway, bus and rail links to Glasgow, Edinburgh, Falkirk, Stirling and the North +

Gillespie Property are delighted to present this spacious, well presented, freshly decorated 2 bedroom ground floor flat situated on an enviable plot set back from the road with open outlooks over Falkirk Tryst Golf Course. Perfect for those looking for living accommodation all on the one level.

Accommodation comprises: welcoming entrance hall, bright and airy lounge, fitted breakfasting kitchen including: electric oven, 4 ring gas hob with hood over, free standing fridge/freezer, washing machine, breakfast bar and a good range of floor and wall units. There 2 generous double bedrooms with the master bedroom boasting integrated storage and a superb, recently installed shower room boasting a large corner shower cubicle with electric shower.

Externally, to the front there is a chipped area and a paved driveway with a newly erected fence and to the rear there is a shared drying green.

The home benefits from gas central heating, double glazing and excellent storage.

For education, Larbert Village Primary School and Larbert High School is within walking distance, both of which have glowing reputations.

The local area boasts a range of amenities including fitness centre, B & M garden centre, Tim Hortons coffee shop drive-thru, Asda, 24-hour petrol station & shop, restaurants, takeaways, bars, specialist shops plus more along with a further village Main Street through Larbert offering another range of shops which is only a minute's walk-away. Larbert train station is within a 5-10 minute walk offering a superb regular service.

There are superb network links in and around via bus/train/car/airport with excellent routes on hand to Glasgow (30 minutes), Edinburgh (30 minutes) Edinburgh Airport (20 minutes) Falkirk (5 minutes) Stirling (15 minutes) and the North making this ideally located and convenient for commuters.

Tax Band: A

EPC: C

Viewing:

By appointment through Agent on or email

Entry:

Negotiable.

Whilst these particulars are believed to be correct, they are not guaranteed by the selling agents and do not form part of any contract of sale.

NO UPFRONT FEES when selling your home INCLUDING your HOME REPORT!
PAY NOTHING until your home is SOLD!

Agent Details

Gillespie Property, Stenhousemuir

01324 557776

Next Steps?

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