2 Bed Flat, Single Let, Glasgow, G33 2EW, £119,950

Cumbernauld Road, Riddrie, G33 2EW - 4 months ago

Sold STC

BTL

ROI: 8%

~105 m²

+14 photos

ValuationOvervalued

Sold Prices	£40K - £215.3K

Square Metres	~104.90 m²
Value Estimate	£102,750£102,750

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£29,988£29,988
Stamp Duty & Legal Fees	£7,198£7,198
Total Cash In	£37,185£37,185

Cash Out
Rent Range	£790 - £1,250£790 - £1,250
Rent Estimate	£795
Running Costs/mo	£554£554
Cashflow/mo	£241£241
Cashflow/yr	£2,894£2,894
ROI	8%8%
Gross Yield	8%8%

Local Sold Prices

31 sold prices from £40K to £215.3K, average is £92.2K.

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£120K	08/21	0.17 mi	43, Longford Street, Glasgow G33 2HQ	-	-	2	Flat
£110K	12/21	0.19 mi	99, Liberton Street, Glasgow G33 2HL	-	-	2	Flat
£92K	05/21	0.22 mi	64, Don Street, Glasgow G33 2BU	-	-	2	Flat
£92K	12/21	0.27 mi	112, Warriston Crescent, Carntyne, Glasgow G33 2JN	-	-	2	Flat
£109K	05/21	0.27 mi	101, Brora Street, Glasgow G33 2DA	-	-	2	Flat
£100.5K	03/21	0.27 mi	40, Brora Street, Glasgow G33 2BZ	-	-	2	Flat
£92.2K	06/21	0.27 mi	48, Brora Street, Glasgow G33 2BZ	-	-	2	Flat
£111K	02/21	0.28 mi	136, Liberton Street, Glasgow, Gla G33 2HW	-	-	2	Flat
£87K	02/21	0.28 mi	138, Liberton Street, Glasgow G33 2HW	-	-	2	Flat
£95.5K	03/21	0.39 mi	236, Liberton Street, Glasgow G33 2HP	-	-	2	Flat
£91.5K	04/21	0.39 mi	210, Liberton Street, Glasgow G33 2HP	-	-	2	Flat
£132K	02/24	0.4 mi	287, Liberton Street, Glasgow G33 2HR	-	-	2	Flat
£75K	07/21	0.49 mi	212, Inverleith Street, Glasgow G32 6EP	-	-	2	Flat
£105K	09/21	0.54 mi	40, Fettes Street, Glasgow G33 3BQ	-	-	2	Flat
£78K	05/21	0.54 mi	14, Loretto Street, Glasgow G33 3DA	-	-	2	Flat
£133K	02/24	0.57 mi	278, Warriston Street, Glasgow G33 3AU	-	-	2	Flat
£120K	11/21	0.59 mi	250, Morningside Street, Glasgow G33 3AN	-	-	2	Flat
£80K	06/21	0.6 mi	236, Rigby Street, Glasgow G32 6DG	-	-	2	Flat
£80K	06/21	0.6 mi	236, Rigby Street, Glasgow G32 6DG	-	-	2	Flat
£97.5K	08/21	0.71 mi	23, Arniston Street, Glasgow G32 6PF	-	-	2	Flat
£40K	06/21	0.75 mi	17, Whitburn Street, Glasgow G32 6PG	-	-	2	Flat
£43.5K	10/21	0.75 mi	13, Whitburn Street, Glasgow G32 6PE	-	-	2	Flat
£82K	03/21	0.77 mi	679, Royston Road, Glasgow G21 2DS	-	-	2	Flat
£95.3K	06/21	0.79 mi	25, Lockhart Street, Glasgow G21 2AP	-	-	2	Flat
£100K	08/21	0.8 mi	813, Carntyne Road, Glasgow G32 6LS	-	-	2	Flat
£130K	06/21	0.84 mi	317, 0/2, Golfhill Drive, Glasgow G31 2NZ	-	-	2	Flat
£73K	05/21	0.86 mi	43, Cardowan Road, Glasgow G32 6RT	-	-	2	Flat
£72.5K	11/21	0.9 mi	7, Greyfriars Street, Glasgow G32 6RJ	-	-	2	Flat
£80K	05/21	0.9 mi	234, Haymarket Street, Glasgow G32 6QX	-	-	2	Flat
£215.3K	02/21	0.92 mi	41, 2/2, Garthland Driver, Glasgow, Gla G31 2RE	-	-	2	Flat
£80.4K	12/21	0.93 mi	137, Whitburn Street, Glasgow G32 6RD	-	-	2	Flat

Local Rents

37 rents from £790/mo to £1.3K/mo, average is £950/mo.

Rent	Date	Distance	Address	Beds	Type
£795	12/24	0.07 mi	-	2	Flat
£900	04/24	0.08 mi	Gough Street, Riddrie, G33	2	Flat
£1,250	12/24	0.12 mi	-	2	Flat
£1,250	04/24	0.12 mi	Cumbernauld Road, Glasgow, G33	2	Flat
£995	04/24	0.12 mi	-	2	Flat
£895	12/24	0.12 mi	-	2	Flat
£995	02/25	0.12 mi	-	2	Flat
£995	04/24	0.12 mi	Don Street, Glasgow, G33	2	Flat
£995	12/24	0.12 mi	Don Street, Glasgow, G33	2	Flat
£925	12/24	0.2 mi	Morningside Street, Riddrie, Glasgow, G33 2LT	2	Flat
£950	12/24	0.22 mi	Edinburgh Road, Dennistoun, Glasgow, G33 2EB	2	Flat
£790	12/24	0.24 mi	-	2	Flat
£900	01/24	0.29 mi	-	2	Terraced House
£900	04/24	0.34 mi	-	2	Flat
£1,100	10/24	0.34 mi	-	2	Flat
£900	04/24	0.34 mi	Aberfoyle Street, Glasgow, G31	2	Flat
£950	12/24	0.35 mi	-	2	Flat
£925	04/24	0.36 mi	11 Aberfeldy Street, Glasgow, G31	2	Flat
£845	04/24	0.39 mi	Aberfeldy Street, Dennistoun, Glasgow, G31	2	Flat
£890	10/24	0.39 mi	-	2	Flat
£1,050	12/23	0.46 mi	-	2	Flat
£1,200	03/25	0.46 mi	-	2	Flat
£950	04/24	0.47 mi	Cumbernauld Road, Glasgow, G31	2	Flat
£950	04/24	0.47 mi	-	2	Flat
£950	02/25	0.47 mi	-	2	Flat
£1,100	12/23	0.47 mi	-	2	Flat
£1,200	04/24	0.47 mi	Kennyhill Square, Dennistoun	2	Flat
£795	04/24	0.49 mi	Cumbernauld Road,Glasgow,G31	2	Flat
£1,200	04/24	0.51 mi	Alexandra Parade, Glasgow, G31 3LN	2	Terraced House
£875	04/24	0.55 mi	Cumbernauld Road, Glasgow, G31	2	Flat
£995	04/24	0.56 mi	Alexandra Parade, Dennistoun	2	Flat
£899	04/24	0.56 mi	-	2	Flat
£899	04/24	0.56 mi	-	2	Flat
£1,200	04/24	0.56 mi	Sannox Gardens, Dennistoun, G31	2	Flat
£1,150	04/24	0.6 mi	Alexandra Park Street, Glasgow	2	Flat
£1,100	04/24	0.6 mi	Alexandra Park Street, Glasgow	2	Flat
£850	04/24	0.61 mi	Moorfoot Street, Glasgow, G32	2	Flat

Local Area Statistics


Rental growth (12m)	+21%+21%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+45%+45%

Property History

Listed for £119,950

December 26, 2024

Floor Plans

Description

Preferred First Floor Tenement Flat +
Welcoming Entrance Hallway +
Bright Spacious Bay-windowed Lounge +
Modern Re-fitted Kitchen +
Two Good Sized Bedrooms +
Modern Re-fitted Bathroom +
Gas Central Heating +
Double Glazing +
Secure Door Entry System +
Well Kept Close + Communal Areas +

*HD VIDEO AVAILABLE* Keys Estate Agents are delighted to offer to the market this traditional preferred first floor flat, set within the popular and sought after address of Cumbernauld Road, Riddrie. The accommodation on offer comprises, welcoming hallway, bright spacious bay-windowed lounge, with modern re-fitted scullery kitchen off. Re-fitted modern bathroom and two good sized double bedrooms. The property further benefits from gas central heating, double glazing, secure entry system and well kept close + communal areas. A great opportunity for young professionals, first time buyers and investors. Early viewing recommended to appreciate this fine home on offer!!!

Located close to local amenities and public transport routes, with easy access to Glasgow City Centre. Local shops, eateries, and convenience stores on the door step