2 Bed Flat, Single Let, Glasgow, G66 1QH, £60,000

Eastside, Kirkintilloch, Glasgow, East Dunbartonshire, G66 1QH - 4 months ago

Auction
BTL
ROI: 20%
~68 m²
+9 photos

ValuationUndervalued

Sold Prices£64K - £347K

 

 

Square Metres

~68.11 m²

Value Estimate

£63,965
BMV7%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£15,000

Stamp Duty & Legal Fees

£4,200

Total Cash In

£19,200

 

 

Cash Out

 

Rent Range

£595 - £850

Rent Estimate

£650

Running Costs/mo

£338

Cashflow/mo

£313

Cashflow/yr

£3,750

ROI

20%

Gross Yield

13%

Local Sold Prices

24 sold prices from £64K to £347K, average is £119.4K.

PriceDateDistanceAddressBeds 
£102.5K07/210.16 mi33, Glenview, Kirkintilloch, Glasgow, Dunbartonshire G66 1PG2
£78.3K10/210.27 mi41a, Cowgate, Kirkintilloch, Glasgow G66 1HW2
£117.5K04/240.3 mi32, Willowbank Gardens, Kirkintilloch, Glasgow, Dunbartonshire G66 3AN2
£85K03/210.32 mi25, Castle Court, Kirkintilloch, Glasgow, Dunbartonshire G66 1LL2
£89K11/210.33 mi32, Castle Court, Kirkintilloch, Glasgow, Dunbartonshire G66 1LL2
£185K02/210.39 mi49, Kerr Street, Kirkintilloch, Glasgow, Dmb G66 1LF2
£88K02/240.42 mi42, Daniel Mclaughlin Place, Kirkintilloch, Glasgow, Dunbartonshire G66 2LH2
£123K06/210.56 mi17, Whitehill Crescent, Kirkintilloch, Glasgow, Dumbarton G66 2JN2
£64K07/210.62 mi71, Friars Croft, Kirkintilloch, Glasgow, Dumbarton G66 2AU2
£118K06/210.64 mi31, Kirksyde Avenue, Kirkintilloch, Glasgow, Dumbarton G66 3DR2
£100K04/210.76 mi39, Parkview Avenue, Kirkintilloch, Glasgow, Dumbarton G66 3DB2
£92K11/210.76 mi10, Gallowhill Grove, Kirkintilloch, Glasgow, Dumbarton G66 4QF2
£121.3K04/240.81 mi43, Parkburn Avenue, Kirkintilloch, Glasgow, Dunbartonshire G66 4AZ2
£129K09/211.22 mi31, Juniper Drive, Milton Of Campsie, Glasgow, Stirlingshire G66 8HL2
£115K02/211.24 mi22, Rowan Avenue, Milton Of Campsie, Glasgow, Stg G66 8BE2
£120.8K05/211.36 mi31, Glenburn Crescent, Milton Of Campsie, Glasgow, Stirlingshire G66 8DW2
£192.5K10/211.38 mi2, Kincaid Way, Milton Of Campsie, Glasgow, Stg G65 8DT2
£133K07/211.42 mi3, Blairhill Avenue, Kirkintilloch, Glasgow, Dunbartonshire G66 3LB2
£240K04/211.56 mi35, Laburnum Drive, Milton Of Campsie, Glasgow, Stirlingshire G66 8JS2
£131.8K05/212.39 mi45, Michael Mcparland Drive, Torrance, Glasgow, Stirling G64 4EE2
£145K02/212.4 mi1, Second Avenue, Auchinloch, Glasgow, Gla G66 5DZ2
£193.5K03/212.64 mi18, Bencloich Road, Lennoxtown, Glasgow, Stirling G65 7DU2
£85K07/212.75 mi5, Kennedy Avenue, Twechar, Glasgow, Dunbartonshire G65 9SA2
£347K03/212.82 mi26, North Birbiston Road, Lennoxtown, Glasgow, Stirling G65 7LZ2

Local Rents

20 rents from £595/mo to £850/mo, average is £725/mo.

RentDateDistanceAddressBeds 
£72512/240.13 miLion Bank, Kirkintilloch2
£62504/240.13 miLionbank, Kirkintilloch2
£75004/240.15 mi29 John Street, Kirkintilloch, G66 2HE2
£70012/240.18 miElm Bank, Kirkintilloch2
£75004/240.27 miCowgate, Kirkintilloch, G662
£65001/250.3 mi-2
£85004/240.31 miWillowbank Gardens, Kirkintilloch, Glasgow2
£75004/240.32 mi9 Freelands Place2
£69512/240.33 mi-2
£75004/240.37 mi33 Broomfield Walk, Kirkintilloch, G66 3AH2
£65004/240.39 miKerr Street, Kirkintilloch, Glasgow, G66 1LF2
£75004/240.41 miQueen Street, Kirkintilloch, Glasgow2
£59503/230.43 mi-2
£85002/250.43 mi-2
£79512/240.46 miRose Street , Kirkintilloch, Glasgow2
£69504/240.47 miThistle Street, Kirkintilloch, Glasgow2
£70004/240.5 miDonaldson Street, Kirkintilloch, Glasgow, G66 1XB2
£79504/250.51 mi-2
£72512/240.52 mi-2
£69512/240.55 miFlat 1/1, 16 Loch Road, Kirkintilloch, G66 3EF2

Local Area Statistics

 

 

Rental growth (12m)

-6%

Sales demand

Seller's market

Capital growth (5yrs)

+28%

Property History

Price changed to £60,000

February 16, 2025

Listed for £85,000

December 26, 2024

Floor Plans

Description

* UNDER OFFER**
ffering great access to Kirkintilloch town centre, this is an excellent opportunity to acquire a stunning traditional preferred first floor apartment. The accommodation comprises a security controlled entrance, hallway with storage, spacious living room with space for dining, modern kitchen including a selection of floor and wall mounted units. There are two well sized double bedrooms and a modern three piece bathroom then completes the accommodation. In addition, there is gas central heating, double glazing and communal rear gardens. The property is well placed for many local amenities including shops, bars, cafes and restaurants. To the rear of the property there are scenic walks along the Forth & Clyde Canal. Public transportation is available via bus and nearby Lenzie offers a main line rail link.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Settle within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.20% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Agent Details

Slater Hogg & Howison, Bishopbriggs

0141 673 0824

Next Steps?

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