2 Bed Terraced House, Refurb/BRRR, Glasgow, G72 9HD, £100,000

Berkley Drive, Glasgow, G72 9HD - 4 views - 4 months ago

Sold STC
Refurb/BRRR
ROI: 9%
~68 m²
+11 photos

ValuationOvervalued

Sold Prices£67.5K - £320K

 

 

Square Metres

~68.11 m²

Value Estimate

£97,513

 

 

End Value (After Refurb)

£98,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£25,000

Stamp Duty & Legal Fees

£4,200

Refurb Costs

£26,527

Bridging Loan Interest

£2,625

Total Cash In

£60,102

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£98,500

Mortgage (After Refinance)

£73,875

Mortgage LTV

75%

Cash Left In

£60,102

Equity

£24,625

Rent Range

£695 - £1,650

Rent Estimate

£988

Running Costs/mo

£525

Cashflow/mo

£463

Cashflow/yr

£5,551

ROI

9%

Gross Yield

12%

Local Sold Prices

50 sold prices from £67.5K to £320K, average is £110K.

PriceDateDistanceAddressBeds 
£85K07/210.16 mi51, Holmswood Avenue, Blantyre, Glasgow, Lanarkshire G72 9EL2
£100K12/210.18 mi26, Northway, Blantyre, Glasgow, Lanarkshire G72 9HT2
£92K12/210.18 mi24, Cypress Avenue, Blantyre, Glasgow, Lanarkshire G72 9QE2
£130K06/210.29 mi52, Manus Duddy Court, Blantyre, Glasgow G72 9DE2
£130K06/210.3 mi52, Manus Duddy Court, Blantyre, Glasgow, Lanarkshire G72 9DE2
£105K08/210.3 mi13, Oaklea Crescent, Blantyre G72 9PX2
£95K04/210.33 mi15, Wheatland Avenue, Blantyre, Glasgow, Lanarkshire G72 9QU2
£93K03/210.39 mi27, Ennisfree Road, Blantyre, Glasgow, Lanark G72 9AP2
£132K04/210.58 mi29, Jura Drive, Blantyre, Glasgow, Lanarkshire G72 9LJ2
£75K07/210.76 mi6, Sandale Path, Blantyre, Glasgow, Lanarkshire G72 0RR2
£113.5K12/210.97 mi151, Main Street, Blantyre, Glasgow, Lanarkshire G72 0EL2
£165K04/211.03 mi19, Clyde Terrace, Bothwell, Glasgow, Lanarkshire G71 8DX2
£133K06/211.06 mi103, Parkville Drive, Blantyre, Glasgow, Lanarkshire G72 0LF2
£67.5K08/211.08 mi3, Sutherland Street, Blantyre, Glasgow, Lanarkshire G72 0DU2
£96K12/211.09 mi129, Burnside Crescent, Blantyre, Glasgow, Lanarkshire G72 0LE2
£100K04/211.11 mi48, Glasgow Road, Blantyre, Glasgow, Lanarkshire G72 0JX2
£320K03/211.19 mi1, The Lindens, Bothwell, Glasgow, Lanark G71 8LS2
£77K12/211.2 mi6, Atholl Court, Blantyre, Glasgow, Lanarkshire G72 0YU2
£127.6K03/211.27 mi42, Birdsfield Street, Hamilton ML3 0RD2
£120K08/211.27 mi10, Barbae Place, Bothwell, Glasgow, Lan G71 8LL2
£142.8K07/211.29 mi28, Baillie Drive, Bothwell, Glasgow, Lanarkshire G71 8QJ2
£148K11/211.3 mi19, Baillie Drive, Bothwell, Glasgow, Lan G71 8QJ2
£100K07/211.32 mi11, St. Brides Way, Bothwell, Glasgow G71 8QQ2
£163.1K10/211.39 mi47, Russell Street, Hamilton, Lanarkshire ML3 0QW2
£110K02/211.39 mi32, Hume Drive, Bothwell, Glasgow, Lanark G71 8LN2
£320K11/211.4 mi25a, Hamilton Road, Bothwell, Glasgow, Lanark G71 8LZ2
£153.7K12/211.46 mi14, Croftbank Crescent, Bothwell, Glasgow, Lanark G71 8RS2
£127K05/211.49 mi5, Albert Lane, Hamilton, Lanarkshire ML3 0SH2
£125K03/241.52 mi54, Windsor Gardens, Hamilton, Lan ML3 0ND2
£127.5K10/211.53 mi7, Abbotsford Road, Hamilton ML3 0PL2
£125K10/211.58 mi73, Backmuir Road, Hamilton ML3 0PY2
£95.5K12/211.59 mi188, Brankholm Brae, Hamilton, Lanarkshire ML3 9QR2
£145.1K07/211.59 mi154, Brankholm Brae, Hamilton ML3 9QR2
£100K07/211.64 mi28, Victoria Street, Hamilton, Lanarkshire ML3 0LE2
£88K09/211.65 mi136, Fleming Way, Hamilton, Lanarkshire ML3 9QS2
£106.3K01/211.65 mi152, Fleming Way, Hamilton, Lanarkshire ML3 9QS2
£80K06/211.65 mi108, Fleming Way, Hamilton, Lanarkshire ML3 9PE2
£110K08/211.66 mi184, Brankholm Brae, Hamilton, Lanarkshire ML3 9QR2
£77.5K12/211.67 mi2, Sempie Street, Hamilton ML3 9JL2
£76.1K05/211.7 mi128, Comrie Crescent, Hamilton, Lanarkshire ML3 9QQ2
£102K04/211.75 mi109, Redlawood Road, Cambuslang, Glasgow G72 7TH2
£127K07/211.75 mi9, Muiredge Court, Uddingston, Glasgow, Lanark G71 7RB2
£82K02/211.79 mi235, Townhill Road, Hamilton, Lan ML3 9RW2
£121.5K01/211.79 mi5, Ashworth Terrace, Hamilton, Lan ML3 9JQ2
£132K09/211.8 mi61, Alford Avenue, Blantyre, Glasgow G72 0GS2
£85K02/211.8 mi46, Bryan Street, Hamilton ML3 0JN2
£85K10/211.81 mi11, Mayfield Road, Hamilton, Lanarkshire ML3 9LL2
£220K09/211.84 mi9, Priory Drive, Uddingston, Glasgow, Lanarkshire G71 7DR2
£115K07/211.88 mi118, Hillhouse Road, Hamilton, Lan ML3 9TX2
£102.5K04/211.89 mi44, Blair Atholl Gardens, Hamilton, Lanark ML3 9FF2

Local Rents

21 rents from £695/mo to £1.6K/mo, average is £795/mo.

RentDateDistanceAddressBeds 
£69512/240.28 miStraiton Place, Blantyre, South Lanarkshire, G72 9DH2
£75010/230.32 mi-2
£75004/240.34 miMayberry Grange, Blantyre, G722
£78012/240.42 mi-2
£78009/240.42 mi-2
£78012/240.42 miGlenfruin Road, Blantyre, Glasgow, G722
£75004/250.43 mi-2
£72511/230.65 mi-2
£75001/250.65 mi-2
£70012/230.89 mi-2
£79512/240.94 miClyde Avenue, Bothwell, Glasgow, G712
£95012/241.06 miRegents Gate, Bothwell2
£79512/241.09 miKirkton Avenue, Blantyre, Glasgow, South Lanarkshire, G722
£1,20012/241.15 miSilvertrees Wynd, Bothwell2
£87511/241.15 mi-2
£1,65004/241.17 miThe Fairways, Glasgow, G712
£1,47512/241.17 miThe Fairways, Bothwell, Glasgow, G712
£1,30004/241.17 miThe Fairways, Bothwell, Glasgow, G71 8PB2
£1,25012/241.17 miThe Fairways, Bothwell, Glasgow, G71 8PB2
£1,15012/241.22 miWoodlands Crescent, Bothwell, Glasgow2
£1,60004/241.23 mi3a Fife Crescent, Bothwell, Glasgow2

Local Area Statistics

 

 

Rental growth (12m)

+4%

Sales demand

Seller's market

Capital growth (5yrs)

+29%

Property History

Listed for £100,000

January 7, 2025

Floor Plans

Description

This two bedroom mid-terraced home on Berkeley Drive in Blantyre is an ideal opportunity for young families, first-time buyers, or those looking to add their own personal touch to a property. Currently configured as a three bedroom with the loft also configured as a fourth bedroom this property offers spacious and flexible accommodation over three floors. Featuring a bright front-facing lounge, a spacious kitchen leading to the rear garden, and a versatile loft bedroom, this home offers plenty of potential to create a spacious, comfortable and stylish space with some upgrading.

The front-facing lounge is bathed in natural light, making it a warm and inviting space for relaxing or spending time with family. Leading through to the rear of the home, the kitchen is well-proportioned with large storage space and offers excellent potential for modernisation. A door from the kitchen opens directly onto the rear garden, which features a decked terrace perfect for outdoor dining, as well as a private lawned area ideal for children’s play or gardening enthusiasts.

Located in a popular residential area of Blantyre, the home is close to well-regarded schools, local shops, and recreational amenities. Blantyre railway station and the nearby M74 motorway make commuting to Glasgow or further afield both quick and convenient.
Upstairs, the home offers three bedrooms and a family bathroom. The primary and second bedrooms are generously sized, while the third bedroom could serve as a nursery, home office, or guest room. The highlight of the property is the additional loft bedroom, accessed via a staircase cleverly installed in the second bedroom’s former cupboard space. This versatile space could be transformed into a cosy fourth bedroom, playroom, or quiet study.
The exterior is equally appealing, with a gated driveway at the front of the property providing secure parking for two vehicles. The rear garden offers a blend of decking and lawn, providing plenty of outdoor space to enjoy in all seasons. While the home would benefit from modernisation, it presents an excellent opportunity for buyers to upgrade and style it to their own taste, creating a property perfectly suited to their needs.

Agent Details

The Agency UK, Covering Nationwide

020 3910 6171

Next Steps?

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