2 Bed Flat, Single Let, Glasgow, G78 1JZ, £59,999

Gertrude Place, Barrhead, East Renfrewshire, G78 1JZ - 3 views - 4 months ago

Sold STC
BTL
ROI: 21%
~68 m²
+2 photos

ValuationUndervalued

Sold Prices£55K - £366.7K

 

 

Square Metres

~68.11 m²

Value Estimate

£62,000
BMV3%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£15,000

Stamp Duty & Legal Fees

£3,000

Total Cash In

£18,000

 

 

Cash Out

 

Rent Range

£595 - £995

Rent Estimate

£650

Running Costs/mo

£337

Cashflow/mo

£313

Cashflow/yr

£3,750

ROI

21%

Gross Yield

13%

Local Sold Prices

45 sold prices from £55K to £366.7K, average is £95.1K.

PriceDateDistanceAddressBeds 
£153K04/240.24 mi49, Maxton Grove, Barrhead, Glasgow, Renfrewshire G78 1HD2
£111.1K04/240.31 mi92, Levern Crescent, Barrhead, Glasgow, Renfrewshire G78 2AF2
£70K02/241.76 mi7, Colwood Path, Glasgow G53 7YG2
£120K07/211.92 mi140, Craigflower Road, Glasgow G53 7XX2
£82K12/211.97 mi25, Hillcrest Avenue, Paisley, Renfrewshire PA2 8QW2
£75K05/211.98 mi14, Seamill Street, Glasgow G53 7AY2
£90K04/242.05 mi8, Highfield Avenue, Paisley, Renfrewshire PA2 8LG2
£69K05/212.1 mi32, Glenburn Crescent, Paisley, Renfrewshire PA2 8LX2
£82.9K08/242.13 mi8, Morven Avenue, Paisley, Ren PA2 8DR2
£115K10/212.15 mi403, Parkhouse Road, Glasgow G53 7ST2
£194K10/212.17 mi75, Teasel Avenue, Glasgow G53 7UH2
£135K08/242.22 mi42, Thornly Park Gardens, Paisley, Ren PA2 7RF2
£127K06/242.28 mi140, Mulben Crescent, Glasgow G53 7EH2
£79.5K04/212.3 mi37, Lochfield Road, Paisley, Renfrewshire PA2 7RL2
£88K03/212.31 mi42, Lochfield Drive, Paisley, Renfrewshire PA2 6SB2
£95K09/212.33 mi3, Lochfield Crescent, Paisley, Renfrewshire PA2 6QR2
£82K08/212.33 mi73, Crags Avenue, Paisley, Renfrewshire PA2 6SG2
£100.5K12/212.41 mi85, Falside Road, Paisley PA2 6JU2
£90K01/212.41 mi69, Falside Road, Paisley, Ren PA2 6JU2
£95.1K10/212.45 mi102, Castleview Drive, Paisley, Renfrewshire PA2 8ED2
£101.3K05/212.55 mi17, Carriagehill Avenue, Paisley, Renfrewshire PA2 6LA2
£167.5K01/212.57 mi2 2/2, Brodie Park Avenue, Paisley, Ren PA2 6JH2
£115K07/212.63 mi49, Brodie Park Avenue, Paisley PA2 6JA2
£66K10/212.67 mi10, Lylesland Court, Paisley, Renfrewshire PA2 6RR2
£64K08/242.67 mi10d, Rowan Court, Paisley, Ren PA2 6NB2
£70K11/212.68 mi3, Lylesland Court, Paisley, Renfrewshire PA2 6RR2
£90K12/212.69 mi17, Westlands Gardens, Paisley PA2 6ET2
£81K09/212.69 mi74, Househillwood Crescent, Glasgow G53 6BG2
£98K05/212.7 mi32, Inverewe Gardens, Thornliebank, Glasgow G46 8TJ2
£65K11/212.71 mi3e, Calside Court, Paisley, Renfrewshire PA2 6DS2
£68K04/212.74 mi80b, Alice Street, Paisley, Renfrewshire PA2 6DZ2
£116.5K12/212.74 mi30, Inverewe Avenue, Thornliebank, Glasgow G46 8TA2
£105K09/212.74 mi28, Inverewe Avenue, Thornliebank, Glasgow G46 8TA2
£366.7K10/212.79 mi9, Mallots View, Newton Mearns, Glasgow G77 7FD2
£165K07/212.8 mi68a, Mallots View, Newton Mearns, Glasgow, Renfrewshire G77 6GN2
£90K06/212.8 mi21, Stock Avenue, Paisley, Renfrewshire PA2 6AS2
£88.5K04/212.8 mi58, Stock Avenue, Paisley PA2 6AS2
£105K12/212.81 mi38, Polsons Crescent, Paisley PA2 6AX2
£205.4K05/242.84 mi43, Parklands View, Glasgow G53 7SN2
£55K04/212.88 mi50a, Saucelhill Terrace, Paisley, Renfrewshire PA2 6SZ2
£123K02/242.89 mi18, Loganswell Place, Thornliebank, Glasgow G46 8NQ2
£77.5K11/212.94 mi559, 0/1, Crookston Road, Glasgow G53 7AA2
£142K01/212.95 mi3, Cross Road, Paisley, Ren PA2 9QG2
£120K05/242.97 mi58, Gallacher Avenue, Paisley, Renfrewshire PA2 9HE2
£115K11/212.98 miPlot 24, Victoria Gardens, Paisley PA2 9PQ2

Local Rents

17 rents from £595/mo to £995/mo, average is £695/mo.

RentDateDistanceAddressBeds 
£59512/240.04 miKerr Street, Barrhead, G782
£69012/240.05 mi-2
£99512/240.24 miMaxton Grove, Barrhead, Glasgow, G782
£89512/240.24 miMaxton Grove, Barrhead, G782
£65004/240.31 mi-2
£65004/240.31 mi-2
£69511/240.33 mi-2
£65003/250.36 mi-2
£66512/240.39 miStormyland Way2
£95006/240.81 mi-2
£95001/250.81 mi-2
£69512/240.88 miAurs Road, Barrhead2
£85011/240.88 mi-2
£87512/240.95 mi-2
£87502/250.95 mi-2
£65011/241.11 mi-2
£73512/241.23 miMontfort Gate, Barrhead, G782

Local Area Statistics

 

 

Rental growth (12m)

+107%

Sales demand

Seller's market

Capital growth (5yrs)

+88%

Property History

Listed for £59,999

December 18, 2024

Description

Castle Residential are delighted to offer to the sales market this 2 bedroom property is located in a desirable area of Barrhead. The property would be suited best for investment purposes or for a first time buyer, looking to put their own personal print on the property. Viewing is highly recommended.  EPC rating: C. Tenure: Freehold,

Agent Details

Castle Residential, Paisley

0141 673 9276

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪