2 Bed Terraced House, Single Let, Glasgow, G40 2LE, £130,000

Forbes Drive, Glasgow, G40 2LE - 3 views - 2 months ago

Under Offer
BTL
ROI: 7%
~68 m²
+17 photos

ValuationOvervalued

Sold Prices£87.5K - £242K

 

 

Square Metres

~68.11 m²

Value Estimate

£125,000

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£32,500

Stamp Duty & Legal Fees

£5,100

Total Cash In

£37,600

 

 

Cash Out

 

Rent Range

£795 - £1,600

Rent Estimate

£806

Running Costs/mo

£587

Cashflow/mo

£219

Cashflow/yr

£2,623

ROI

7%

Gross Yield

7%

Local Sold Prices

33 sold prices from £87.5K to £242K, average is £140K.

PriceDateDistanceAddressBeds 
£125K11/210 mi43, Forbes Drive, Glasgow G40 2LE2
£135K12/210.06 mi147, Orr Street, Glasgow G40 2BJ2
£160K03/240.27 mi27, Claythorn Court, Glasgow, Gla G40 2DW2
£140K07/210.31 mi28, Anson Street, Glasgow G40 1ER2
£151.5K08/210.31 mi27, Silvergrove Street, Glasgow G40 1DE2
£100K06/210.33 mi100, Silvergrove Street, Glasgow, Gla G40 1DR2
£146K02/210.37 mi58, Claythorn Avenue, Glasgow, Gla G40 2HB2
£120K11/210.59 mi20, Fairbairn Path, Glasgow G40 3RR2
£145K08/210.59 mi42, Mill Crescent, Glasgow G40 1JG2
£242K02/210.61 mi21, Lanark Street, Glasgow G1 5PY2
£160K11/210.71 mi18, Newhall Street, Glasgow G40 1LA2
£149K08/210.98 mi5, Alexandra Court, Glasgow G31 3EG2
£172K04/211.01 mi53, Logan Gardens, Glasgow G5 0LJ2
£192K12/211.02 mi6, Elmfoot Grove, Glasgow G5 0LR2
£127.2K04/211.15 mi36, Belvidere Avenue, Glasgow G31 4PA2
£118.1K06/211.3 mi39, Hogarth Avenue, Glasgow G32 6NR2
£115K10/211.34 mi8, Hogarth Avenue, Glasgow G32 6BU2
£135K06/211.36 mi21, Hogarth Drive, Glasgow G32 6NU2
£117.5K08/241.49 mi42, Redford Street, Glasgow, Gla G33 2HE2
£127.1K05/211.5 mi44, Batson Street, Glasgow G42 7HD2
£122.1K06/211.62 mi1687, London Road, Glasgow G32 8TU2
£170K04/241.66 mi119, Warriston Crescent, Glasgow G33 2JW2
£180K03/211.71 mi26, Riddrie Knowes, Glasgow G33 2QH2
£125K11/211.74 mi29, Kilmany Gardens, Glasgow G32 7LA2
£157K12/211.78 mi48, Riddrie Knowes, Glasgow G33 2QQ2
£140K06/211.8 mi46, Foresthall Drive, Glasgow G21 4EJ2
£107.5K06/211.84 mi4, Orchard Drive, Rutherglen, Glasgow, Lanarkshire G73 1HE2
£125K04/211.85 mi8, Aspen Drive, Glasgow G21 4EG2
£125K09/211.85 mi718, Carntyne Road, Glasgow G32 6NH2
£148K12/211.88 mi69, Foresthall Drive, Glasgow G21 4EL2
£140.3K02/211.91 mi53, Reid Street, Rutherglen, Glasgow, Lanark G73 3DW2
£87.5K06/241.97 mi59, Moodiesburn Street, Glasgow G33 1BX2
£140K04/211.98 mi296, Morningside Street, Glasgow G33 3AP2

Local Rents

50 rents from £795/mo to £1.6K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£1,19505/240.02 mi-2
£1,09503/250.02 mi-2
£1,19504/240.02 miForbes Drive, Glasgow, G402
£1,19505/240.02 miForbes Drive, Glasgow, G402
£1,00004/240.05 mi-2
£1,60001/250.06 mi-2
£1,40003/250.06 mi-2
£80004/240.06 miForbes Drive, Calton, Glasgow, G402
£89504/240.1 miMillroad Gardens, Calton2
£85004/240.1 miMillroad Gardens, Calton2
£79504/240.1 miMillroad Gardens, Calton2
£89004/250.1 mi-2
£87512/240.14 mi-2
£92509/230.18 miBellgrove Street, Dennistoun2
£1,19502/250.19 mi-2
£85004/240.24 miSword Street, Dennistoun2
£95003/250.24 mi-2
£1,10012/240.25 mi-2
£95004/240.26 miAbercromby Street, Glasgow, G402
£90004/240.28 miTullis Gardens, Bridgeton, GLASGOW, G402
£90003/250.29 mi-2
£89503/250.29 mi-2
£85005/240.3 miLandressy Street, Glasgow, G402
£1,00004/240.31 miAnson Street, Bridgeton2
£79505/240.31 miAnson Street, Bridgeton, Glasgow, G402
£98004/240.31 mi-2
£95004/240.31 mi-2
£89504/240.31 miDalmarnock Drive, Bridgeton, Glasgow, G402
£89504/240.31 miArcadia Street, Glasgow2
£89504/240.32 miDalmarnock Drive, Bridgeton, Glasgow, G402
£1,10003/250.32 mi-2
£1,20001/250.33 mi-2
£95004/240.33 miSilvergrove Street, Glasgow Green, Glasgow, G402
£95004/240.33 miSilvergrove Street, Glasgow Green, Glasgow, G402
£1,05004/240.33 miSilvergrove Street, Glasgow2
£1,10005/240.33 mi-2
£1,20012/240.33 mi-2
£90004/240.33 mi-2
£89504/240.33 mi41 Millroad Street, City Centre, G40 2JY2
£1,20005/240.34 mi-2
£85004/240.35 miDalmarnock Drive, Glasgow, G402
£85005/240.35 miDalmarnock Drive, Glasgow, G402
£95005/240.35 miDalmarnock Drive, Bridgeton, Glasgow, G402
£95005/240.35 miDalmarnock Drive, Bridgeton, Glasgow, G402
£95005/240.35 miDalmarnock Drive, Bridgeton, Glasgow, G402
£1,20005/240.35 mi-2
£1,30004/240.35 mi-2
£89504/240.36 miMcPhail Street, Glasgow, G402
£1,10002/240.37 mi-2
£1,25004/240.37 miClaythorn Avenue, Calton2

Local Area Statistics

 

 

Rental growth (12m)

+9%

Sales demand

Seller's market

Capital growth (5yrs)

+36%

Property History

Listed for £130,000

January 29, 2025

Floor Plans

Description

  • End Terrace +
  • Two Bedrooms +
  • Double Glazing +
  • Enclosed Rear Garden +
  • Good Transport Links +
  • Nearby Amenities +
  • Walking Distance to City Centre +
  • Off Street Parking +

Shanta Residential are proud to present this end of terrace house situated within walking distance of Glasgow's City Centre. Offered in excellent condition throughout, the property has neutral decor and laminate flooring throughout. On entering the property you are welcomed into the hallway which leads to the kitchen which offers excellent storage and preparation space. To the rear of the property is a living area which offers space for dining and storage cupboards and provides access to the rear garden. Upstairs are two good sized double bedrooms and a family bathroom with walk-in shower. Outside there is paved front garden and an enclosed rear garden with paving a decked seating area. Forbes Drive is only a short distance away from both Duke Street & Alexandra Parade as well as the Merchant City which has a host of bars, restaurants and local shops. You'll find Glasgow Green right at your doorstep, offering an ideal spot to bask in the summer sunshine and play host to a variety of special events throughout the year.. The property is also within walking distance to West Brewery, St Lukes & The Winged Ox & the Barrowlands.The property is situated within close proximity to the M8 & M74 motorway networks, making it an ideal location for commuters. Public transport includes both bus and rail links to the city centre and surrounding areas which has a host of bars, restaurants, universities and hospitals, all within walking distance.

Agent Details

Shanta Residential, Glasgow

0141 255 2828

Next Steps?

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