2 Bed Flat, Single Let, Glasgow, G33 2SW, £85,000

Gartcraig Road, Carntyne, Glasgow, G33 2SW - 2 views - 2 months ago

Sold STC

BTL

ROI: 13%

~68 m²

+21 photos

ValuationOvervalued

Sold Prices	£40K - £152.5K

Square Metres	~68.11 m²
Value Estimate	£80,000£80,000

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£21,250£21,250
Stamp Duty & Legal Fees	£3,750£3,750
Total Cash In	£25,000£25,000

Cash Out
Rent Range	£675 - £1,250£675 - £1,250
Rent Estimate	£703
Running Costs/mo	£426£426
Cashflow/mo	£277£277
Cashflow/yr	£3,321£3,321
ROI	13%13%
Gross Yield	10%10%

Local Sold Prices

36 sold prices from £40K to £152.5K, average is £97.8K.

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£105K	09/21	0.16 mi	40, Fettes Street, Glasgow G33 3BQ	-	-	2	Flat
£78K	05/21	0.18 mi	14, Loretto Street, Glasgow G33 3DA	-	-	2	Flat
£133K	02/24	0.21 mi	278, Warriston Street, Glasgow G33 3AU	-	-	2	Flat
£120K	11/21	0.24 mi	250, Morningside Street, Glasgow G33 3AN	-	-	2	Flat
£132K	02/24	0.3 mi	287, Liberton Street, Glasgow G33 2HR	-	-	2	Flat
£95.5K	03/21	0.32 mi	236, Liberton Street, Glasgow G33 2HP	-	-	2	Flat
£91.5K	04/21	0.32 mi	210, Liberton Street, Glasgow G33 2HP	-	-	2	Flat
£100K	08/21	0.34 mi	813, Carntyne Road, Glasgow G32 6LS	-	-	2	Flat
£111K	02/21	0.42 mi	136, Liberton Street, Glasgow, Gla G33 2HW	-	-	2	Flat
£87K	02/21	0.42 mi	138, Liberton Street, Glasgow G33 2HW	-	-	2	Flat
£92K	12/21	0.44 mi	112, Warriston Crescent, Carntyne, Glasgow G33 2JN	-	-	2	Flat
£80K	05/21	0.45 mi	234, Haymarket Street, Glasgow G32 6QX	-	-	2	Flat
£40K	06/21	0.45 mi	17, Whitburn Street, Glasgow G32 6PG	-	-	2	Flat
£43.5K	10/21	0.45 mi	13, Whitburn Street, Glasgow G32 6PE	-	-	2	Flat
£97.5K	08/21	0.47 mi	23, Arniston Street, Glasgow G32 6PF	-	-	2	Flat
£80.4K	12/21	0.49 mi	137, Whitburn Street, Glasgow G32 6RD	-	-	2	Flat
£110K	12/21	0.51 mi	99, Liberton Street, Glasgow G33 2HL	-	-	2	Flat
£120K	08/21	0.52 mi	43, Longford Street, Glasgow G33 2HQ	-	-	2	Flat
£72.5K	11/21	0.54 mi	7, Greyfriars Street, Glasgow G32 6RJ	-	-	2	Flat
£100.5K	03/21	0.57 mi	40, Brora Street, Glasgow G33 2BZ	-	-	2	Flat
£92.2K	06/21	0.57 mi	48, Brora Street, Glasgow G33 2BZ	-	-	2	Flat
£92K	05/21	0.61 mi	64, Don Street, Glasgow G33 2BU	-	-	2	Flat
£73K	05/21	0.65 mi	43, Cardowan Road, Glasgow G32 6RT	-	-	2	Flat
£70.5K	02/21	0.68 mi	34, Borthwick Street, Glasgow G33 3UU	-	-	2	Flat
£75K	07/21	0.7 mi	212, Inverleith Street, Glasgow G32 6EP	-	-	2	Flat
£109K	05/21	0.72 mi	101, Brora Street, Glasgow G33 2DA	-	-	2	Flat
£125K	06/21	0.72 mi	36b, Gilbertfield Street, Glasgow G33 3TG	-	-	2	Flat
£80K	06/21	0.8 mi	236, Rigby Street, Glasgow G32 6DG	-	-	2	Flat
£80K	06/21	0.8 mi	236, Rigby Street, Glasgow G32 6DG	-	-	2	Flat
£111K	12/21	0.86 mi	32, Lochview Gardens, Glasgow G33 1QA	-	-	2	Flat
£152.5K	06/24	0.86 mi	26, Lochview Gardens, Glasgow G33 1QA	-	-	2	Flat
£115K	09/21	0.9 mi	60, Hermiston Road, Glasgow G32 0DN	-	-	2	Flat
£98K	09/21	0.95 mi	28, Glen Road, Glasgow G32 0DJ	-	-	2	Flat
£131K	12/21	0.97 mi	147, Lochview Drive, Glasgow G33 1LN	-	-	2	Flat
£121.6K	09/21	0.98 mi	111, Lochview Drive, Glasgow G33 1QE	-	-	2	Flat
£140K	02/24	0.98 mi	115, Lochview Drive, Glasgow G33 1QE	-	-	2	Flat

Local Rents

50 rents from £675/mo to £1.3K/mo, average is £895/mo.

Rent	Date	Distance	Address	Beds	Type
£895	03/25	0.02 mi	-	2	Flat
£895	12/24	0.11 mi	-	2	Flat
£850	12/24	0.12 mi	Loretto Street, Glasgow, G33	2	Flat
£800	04/24	0.41 mi	Carntyne Road, Carntyne, Glasgow, G32 6NF	2	Flat
£850	12/23	0.49 mi	-	2	Flat
£895	11/23	0.53 mi	-	2	Flat
£895	11/24	0.53 mi	-	2	Flat
£795	12/24	0.57 mi	-	2	Flat
£925	12/24	0.58 mi	Morningside Street, Riddrie, Glasgow, G33 2LT	2	Flat
£800	11/23	0.64 mi	-	2	Flat
£795	12/24	0.64 mi	-	2	Flat
£900	01/24	0.64 mi	-	2	Terraced House
£850	12/24	0.64 mi	-	2	Flat
£795	02/25	0.64 mi	-	2	Flat
£750	04/24	0.65 mi	Inverleith Street, Glasgow, G32	2	Flat
£995	04/24	0.69 mi	-	2	Flat
£895	12/24	0.69 mi	-	2	Flat
£995	02/25	0.69 mi	-	2	Flat
£995	04/24	0.69 mi	Don Street, Glasgow, G33	2	Flat
£995	12/24	0.69 mi	Don Street, Glasgow, G33	2	Flat
£900	04/24	0.72 mi	Gough Street, Riddrie, G33	2	Flat
£1,250	12/24	0.78 mi	-	2	Flat
£1,250	04/24	0.78 mi	Cumbernauld Road, Glasgow, G33	2	Flat
£850	04/24	0.78 mi	Moorfoot Street, Glasgow, G32	2	Flat
£1,145	04/25	0.81 mi	-	2	Semi-Detached House
£795	04/24	0.84 mi	Crowlin Crescent, Springboig	2	Flat
£950	12/24	0.85 mi	Edinburgh Road, Dennistoun, Glasgow, G33 2EB	2	Flat
£790	12/24	0.85 mi	-	2	Flat
£1,145	02/25	0.86 mi	-	2	Semi-Detached House
£950	12/24	0.98 mi	-	2	Flat
£795	12/24	0.98 mi	73, Vesalius Street, Shettleston, Glasgow, G32 7LG	2	Flat
£900	04/24	0.99 mi	-	2	Flat
£1,100	10/24	0.99 mi	-	2	Flat
£900	04/24	0.99 mi	Aberfoyle Street, Glasgow, G31	2	Flat
£1,025	12/24	0.99 mi	-	2	Semi-Detached House
£999	03/25	0.99 mi	-	2	Semi-Detached House
£890	03/25	1.02 mi	-	2	Flat
£925	04/24	1.02 mi	11 Aberfeldy Street, Glasgow, G31	2	Flat
£1,050	12/24	1.03 mi	-	2	Flat
£850	12/24	1.03 mi	-	2	Flat
£850	04/24	1.03 mi	Kilmany Drive, Glasgow, G32	2	Flat
£799	12/23	1.03 mi	-	2	Flat
£675	12/24	1.03 mi	-	2	Flat
£675	04/24	1.04 mi	Old Shettleston Road, Shettleston	2	Flat
£895	04/24	1.05 mi	-	2	Flat
£725	03/25	1.05 mi	-	2	Flat
£845	04/24	1.05 mi	Aberfeldy Street, Dennistoun, Glasgow, G31	2	Flat
£890	10/24	1.05 mi	-	2	Flat
£950	12/24	1.05 mi	-	2	Flat
£1,100	11/24	1.06 mi	-	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 £85,000

January 31, 2025

Floor Plans

Description

2 bed upper cottage flat +
dg +
Close to schools +
Private garden +
Close to shops +
Ideal for investors or first time buyers +
Close to travel links +
Popular location +
gch +
Sold as seen +

Great potential - 2 bedroom upper cottage flat with living room, kitchen, bathroom & private garden. The property sits in a popular area of Glasgow & early viewing is advised. The property is being sold as seen & ideal for investors or first time buyers. Ground floor: Stairs leading to landing. First floor: Landing; living room (front), with kitchen off (rear); bedroom 1 (front); bedroom 2 (rear); bathroom, with WC (rear). FIXED SALES FEE £600 inc VAT EPC rating: E.