3 Bed Terraced House, Cash/Bridging Only, FK5 3DT, £88,000

36 Braeview, Stenhousemuir, Larbert, FK 3DT, FK5 3DT - 3 months ago

Cash
ROI: 10%
~84 m²
+10 photos

ValuationUndervalued

Sold Prices£120K - £382.5K

 

 

Square Metres

~84.17 m²

Value Estimate

£90,640
BMV3%

 

 

End Value (After Refurb)

£92,250

Uplift in Value

+5%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£22,000

Stamp Duty & Legal Fees

£5,600

Refurb Costs

£32,944

Bridging Loan Interest

£2,310

Total Cash In

£64,604

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£92,250

Mortgage (After Refinance)

£69,188

Mortgage LTV

75%

Cash Released

£3,188

Cash Left In

£61,416

Equity

£23,063

Rent Range

£750 - £1,400

Rent Estimate

£1,043

Running Costs/mo

£517

Cashflow/mo

£526

Cashflow/yr

£6,313

ROI

10%

Gross Yield

14%

Local Sold Prices

44 sold prices from £120K to £382.5K, average is £189.2K.

PriceDateDistanceAddressBeds 
£134.2K06/210.05 mi60, Valeview, Stenhousemuir, Larbert, Stirlingshire FK5 3BZ3
£155K10/210.12 mi29, Muir Street, Stenhousemuir, Larbert, Stirlingshire FK5 3HZ3
£146.2K06/210.15 mi39, Valeview, Stenhousemuir, Larbert, Stirlingshire FK5 3BX3
£147K12/210.15 mi39, Valeview, Stenhousemuir, Larbert, Stirlingshire FK5 3BX3
£135K05/210.23 mi51, Mclachlan Street, Stenhousemuir, Larbert, Stirlingshire FK5 3HW3
£181.2K06/210.24 mi77, Mclachlan Street, Stenhousemuir, Larbert, Stirlingshire FK5 3HW3
£285K12/210.25 mi555, Main Street, Stenhousemuir, Larbert, Stirlingshire FK5 4QB3
£128.5K10/210.32 mi35, Waverley Terrace, Stenhousemuir, Larbert, Stirlingshire FK5 3HT3
£217K07/210.34 mi466, Main Street, Stenhousemuir, Larbert, Stirlingshire FK5 3JU3
£171K04/210.35 mi4, Church Street, Stenhousemuir, Larbert, Stirling FK5 4QR3
£129K10/210.36 mi19, Elizabeth Avenue, Larbert, Stirlingshire FK5 4BJ3
£259.3K05/210.37 mi23, Carronvale Road, Larbert, Stg FK5 3LZ3
£250K11/210.37 mi8, Carronvale Road, Larbert, Stirlingshire FK5 3LZ3
£240K09/210.37 mi52, Tryst Road, Stenhousemuir, Larbert, Stirlingshire FK5 4QH3
£382.5K12/210.45 mi243, Main Street, Larbert, Stirlingshire FK5 4RA3
£161.6K08/210.45 mi60, Jamieson Avenue, Stenhousemuir, Larbert, Stirlingshire FK5 4TY3
£210K04/210.46 mi125, Tryst Road, Stenhousemuir, Larbert, Stirlingshire FK5 4QJ3
£175K07/210.47 mi32, Steps Street, Stenhousemuir FK5 4LH3
£180K08/210.47 mi11, Steps Street, Stenhousemuir, Larbert, Stirlingshire FK5 4LH3
£198K05/210.47 mi2, Steps Street, Stenhousemuir, Larbert, Stirlingshire FK5 4LH3
£223.5K09/210.49 mi86, Rae Street, Stenhousemuir, Larbert, Stirlingshire FK5 4QP3
£155.5K12/210.5 mi16, Chapel Drive, Stenhousemuir, Larbert, Stirlingshire FK5 4JH3
£120K12/210.5 mi6, Sheriff Lane, Stenhousemuir, Larbert, Stirlingshire FK5 4BZ3
£135K04/210.54 mi2, Ochil Drive, Stenhousemuir, Larbert, Stirlingshire FK5 4JL3
£172K10/210.58 mi32, Arthurs Drive, Stenhousemuir, Larbert FK5 4DP3
£220K10/210.63 mi45, Beech Crescent, Larbert, Stirlingshire FK5 3EX3
£192K11/210.65 mi16, Sarti Terrace, Muirhall Road, Larbert FK5 4TD3
£150.2K08/210.66 mi93, Burnhead Road, Larbert, Stirlingshire FK5 4RJ3
£260K07/210.69 mi42, Lodge Drive, Stenhousemuir, Larbert, Stirlingshire FK5 4DJ3
£230K09/210.71 mi34, Lomond Crescent, Stenhousemuir, Larbert, Stirlingshire FK5 4LT3
£203.6K11/210.72 mi52, Torlea Place, Larbert FK5 4QZ3
£180K02/210.73 mi59, Torlea Place, Larbert, Stg FK5 4QY3
£219K08/210.76 mi1, Maple Avenue, Stenhousemuir, Larbert, Stirlingshire FK5 4BT3
£225K05/210.76 mi8, Maple Avenue, Stenhousemuir, Larbert, Stirlingshire FK5 4BT3
£195K09/210.81 mi17, Canmore Drive, Stenhousemuir, Larbert, Stirlingshire FK5 4LA3
£193K04/210.82 mi2, Denny Road, Larbert, Stirlingshire FK5 3AD3
£191.4K08/210.84 mi6, Craigie Court, Larbert FK5 4PD3
£167.6K08/210.84 mi11, Sainford Crescent, Falkirk, Stirlingshire FK2 7QE3
£220K03/210.85 mi4, Goosedubs Place, Falkirk, Stirlingshire FK2 7GW3
£184K07/210.92 mi20, Muirhead Avenue, Falkirk, Stirlingshire FK2 7SQ3
£163K04/210.92 mi18, Cluny Drive, Stenhousemuir, Larbert FK5 4UA3
£192K04/210.94 mi40, Gowkhill Place, Larbert, Stirlingshire FK5 4US3
£265.6K08/210.95 mi5, Ladywell Court, Larbert, Stirlingshire FK5 4HR3
£187K08/210.99 mi11, Longdales Place, Falkirk FK2 7HN3

Local Rents

12 rents from £750/mo to £1.4K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,40003/250.67 mi-3
£1,00012/240.73 mi-3
£1,20003/240.86 miWilliamson Avenue, Falkirk, FK23
£1,20004/240.86 miMcCormack Place, Kinnaird Village, Larbert3
£1,10012/240.94 miGowkhill Place, Larbert, Stirling, FK5 4US3
£1,15012/241 miBlenheim Place,Stenhousemuir3
£1,20003/241.06 miCortachy Avenue, Carron, Falkirk, FK23
£79504/251.08 mi-3
£85003/241.22 mi40 Dollar Avenue3
£77507/241.22 mi-3
£75004/241.23 miNailer Road,Camelon3
£85011/241.24 mi-3

Local Area Statistics

 

 

Rental growth (12m)

-2%

Sales demand

Seller's market

Capital growth (5yrs)

+32%

Property History

Listed for £88,000

January 17, 2025

Floor Plans

Description

  • This home is a non-traditional 'Orlit' construction home which is not considered suitable for mainstream mortgage lending +
  • Spacious 3 bed end terrace home situated on a large corner plot in a popular area with treelined views to the front +
  • 3 spacious double bedrooms all with integrated storage on the upper floor +
  • Generous fitted kitchen with all appliances and rear door access +
  • Modern family bathroom with shower over bath +
  • Quiet cul-de-sac location +
  • Parking to the front and side with a mono-blocked driveway +
  • New UPVC rear door to the back garden +
  • Gas central heating, double glazing and ample storage +
  • Excellent bus and motorway to Glasgow, Edinburgh, Falkirk, Stirling & the North +

*HOME REPORT AVAILABLE BELOW THE PROPERTY DESCRIPTION*

*The property is of non traditional 'Orlit' construction which is not considered suitable for mainstream mortgage lending . The reported valuation is on the basis of a CASH PURCHASE*

'A non-standard construction house is built from materials that do not conform to the 'standard' definition. Standard houses have brick or stone walls with a roof made of slate or tile. A non-standard construction is therefore anything that falls outside of this.'

Gillespie Property are delighted to present to you this end terrace family home situated on a substantial plot in a quiet cul-de-sac with treelined views to the front. The home has been well maintained and is ideal for 1st time buyers, families and for buy-to-let.

Accommodation comprises: large entrance hallway with under-stair storage and a carpeted staircase leading off to the upper floor. Well presented lounge with feature fireplace, fully fitted kitchen with a Rangemaster cooker with 6 ring gas burners, 2 electric ovens, grill and a storage compartment, fridge/freezer, washing machine, breakfast bar, a superb range of floor and wall units and rear door access.

On the upper floor there are 3 spacious double bedrooms which all have built in storage and a family bathroom with a mixer shower over the bath.

The property benefits from gas central heating, double glazing and ample storage throughout including the partially floored loft

Externally, there is a mono-blocked driveway to the front and side fitting multiples vehicles. The rear garden is fully enclosed with a newly erected timber fence, laid to lawn with a plethora of mature trees, plants surrounding and most importantly is south facing.

For schooling Stenhousemuir Primary is a short walk-away and Larbert High School is again a few minutes away by foot.

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 and Larbert train station within a 5-minute walk.

Access to bus/train (Larbert Train Station being a 5-minute walk away)/motorway links heading to Glasgow, Edinburgh, Stirling, the North & Falkirk town centre are all close-by with a wider range of shops including the excellent Falkirk Retail Park.

This home would suit 1st time buyers, buy-to-let, investors and those looking to upsize or downsize. A superb buy!

Tax Band: A

EPC: D

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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