3 Bed Bungalow, Cash/Bridging Only, Glasgow, G64 4HL, £310,000

4 Blair Gardens, Torrance, Glasgow, G64, G64 4HL - 2 months ago

Under Offer
Cash
~93 m²
+18 photos

ValuationOvervalued

Sold Prices£185K - £335.3K

 

 

Square Metres

~93 m²

Value Estimate

£263,200

 

 

End Value (After Refurb)

£277,750

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£77,500

Stamp Duty & Legal Fees

£13,500

Refurb Costs

£36,400

Bridging Loan Interest

£8,138

Total Cash In

£137,288

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£277,750

Mortgage (After Refinance)

£208,313

Mortgage LTV

75%

Cash Left In

£137,288

Equity

£69,438

Rent Range

£525 - £1,995

Rent Estimate

£1,120

Running Costs/mo

£1,112

Cashflow/mo

£8

Cashflow/yr

£96

ROI

0%

Gross Yield

4%

Local Sold Prices

23 sold prices from £185K to £335.3K, average is £235K.

PriceDateDistanceAddressBeds 
£192K04/210.28 mi2a, Mill Crescent, Torrance, Glasgow, Stirlingshire G64 4BS3
£202.5K12/210.3 mi9, Mill Crescent, Torrance, Glasgow, Stirlingshire G64 4BT3
£203.6K12/210.35 mi5, Hawthorn Street, Torrance, Glasgow, Stg G64 4ET3
£217.6K07/210.38 mi26, Park Crescent, Torrance, Glasgow, Stirlingshire G64 4BH3
£195K09/210.38 mi11, Park Crescent, Torrance, Glasgow, Stirling G64 4BH3
£235K09/210.41 mi11a, Forth Road, Torrance, Glasgow, Stirlingshire G64 4EB3
£315K06/210.42 mi29, Allander Drive, Torrance, Glasgow, Stirlingshire G64 4LA3
£323K12/210.42 mi23, Allander Drive, Torrance, Glasgow G64 4LA3
£200K06/210.44 mi71, Rosehill Road, Torrance, Glasgow, Stirling G64 4HE3
£218K05/211.6 mi23, Adamslie Drive, Kirkintilloch, Glasgow, Dunbartonshire G66 1BN3
£228.2K03/211.73 mi125, Meadowburn, Bishopbriggs, Glasgow G64 3LU3
£243K05/211.73 mi129, Meadowburn, Bishopbriggs, Glasgow G64 3LU3
£313.3K09/211.75 mi159, Meadowburn, Bishopbriggs, Glasgow G64 3LH3
£231K02/211.76 mi179, Meadowburn, Bishopbriggs, Glasgow, Gla G64 3LH3
£185K04/211.78 mi18, Teviot Avenue, Bishopbriggs, Glasgow G64 3LZ3
£315K10/211.82 mi20, Glasgow Road, Kirkintilloch, Glasgow, Dunbartonshire G66 1BA3
£251.1K07/211.84 mi7, Westermains Avenue, Kirkintilloch, Glasgow, Dunbartonshire G66 1EG3
£272.1K02/241.84 mi3, Westermains Avenue, Kirkintilloch, Glasgow, Dunbartonshire G66 1EG3
£269.6K12/211.86 mi71, Cloan Crescent, Bishopbriggs, Glasgow G64 2HW3
£310K02/241.93 mi11, Roman Road, Kirkintilloch, Glasgow, Dunbartonshire G66 1EE3
£220K04/211.93 mi48, Meadowburn, Bishopbriggs, Glasgow G64 3EZ3
£263.2K08/211.96 mi59, Westermains Avenue, Kirkintilloch, Glasgow, Dunbartonshire G66 1EL3
£335.3K08/212 mi34, Glenwood Court, Kirkintilloch, Glasgow, Dunbartonshire G66 4JL3

Local Rents

52 rents from £525/mo to £2K/mo, average is £963/mo.

RentDateDistanceAddressBeds 
£85012/240.13 miWest Balgrochan Road Torrance Glasgow, G642
£85012/240.13 miWest Balgrochan Road Torrance Glasgow, G642
£1,55004/240.27 miMichael McParland Drive, Torrance, Glasgow, G64 4EE4
£1,55004/240.27 miMichael McParland Drive, Torrance, Glasgow, G64 4EE4
£95004/240.28 miMill Crescent, Torrance, Glasgow2
£1,55002/240.3 mi-4
£95004/240.39 miFirbank Avenue, Torrance, G642
£1,45004/241.15 miCroft Road, Balmore, Glasgow, G64 4AL3
£1,29504/241.15 miCroft Road, Balmore, Glasgow, G64 4AL3
£98507/231.42 mi-2
£1,99512/241.67 miHayston Road, Kirkintilloch3
£1,40004/241.83 miDalkeith Avenue, Bishopbriggs4
£99504/241.9 miVillafield Drive, Bishopbriggs2
£99509/241.92 mi-2
£92507/231.93 mi-2
£95008/241.94 mi-2
£1,07505/241.98 miMurrayfield, 2 Bed Mid Terrace Family House, Bishopbriggs, Glasgow - Available 03/06/20242
£1,29504/242 miMurrayfield, Bishopbriggs3
£1,49510/242.04 mi-3
£1,40012/242.04 miGlenwood Road, Glasgow, G664
£95004/242.06 mi34 Whitelaw Gardens, Bishopbriggs, G64 2ST2
£97510/232.06 miHilton Road, Glasgow, G642
£1,65002/242.09 mi-3
£1,70012/242.09 mi-3
£1,70002/252.09 mi-3
£1,95004/242.1 miNorthbank Road, Kirkintilloch, Glasgow, G664
£75012/242.11 miRegent Street, Kirkintilloch1
£1,95012/242.11 miNorthbank Road, Kirkintilloch4
£1,60002/252.14 mi-3
£70010/242.14 mi-1
£75004/242.17 miQueen Street, Kirkintilloch, Glasgow2
£95012/242.18 miOak Drive, Lenzie, Glasgow2
£52504/242.19 miBlackthorn Avenue, Glasgow, G661
£55001/252.19 mi-1
£75004/242.2 miGreens Avenue , Kirkintilloch, Glasgow2
£65004/242.21 miKerr Street, Kirkintilloch, Glasgow, G66 1LF2
£75004/242.21 miCowgate, Kirkintilloch, G662
£80004/242.22 miMaple Walk, Milton Of Campsie, Glasgow2
£1,09504/242.23 miBlackthorn Avenue, Lenzie, East Dunbartonshire, G662
£1,65012/242.24 mi-3
£95004/242.25 miWestergreens, Kirkintilloch2
£1,20012/242.28 miCannerton Park, Milton Of Campsie, Glasgow3
£85006/242.28 mi-2
£1,70005/242.3 miMoorfoot, Bishopbriggs, Glasgow4
£69505/242.33 miMonymusk Gardens Bishopbriggs1
£70004/242.33 miMonymusk Gardens, East Dunbartonshire, G64 1PS1
£70012/242.33 miMonymusk Gardens, East Dunbartonshire, G64 1PS1
£70012/242.33 miMonymusk Gardens, East Dunbartonshire, G64 1PS1
£1,20001/252.33 mi-3
£70012/242.33 miElm Bank, Kirkintilloch2
£72512/242.34 miLion Bank, Kirkintilloch2
£52512/242.35 miEastside, Kirkintilloch1

Local Area Statistics

 

 

Rental growth (12m)

+2%

Sales demand

Seller's market

Capital growth (5yrs)

+18%

Property History

Listed for £310,000

February 3, 2025

Floor Plans

Description

  • South facing lounge +
  • Separate dining area +
  • New boiler November 2024 +
  • Elevated position +
  • 3 good-sized bedrooms +
  • Private rear garden +
  • External seating areas +
  • Cul de sac setting +

CLOSING DATE SET FOR FRIDAY, 21ST FEBRUARY AT 12 NOON Sitting in an elevated position and within a quiet cul de sac setting, this well-proportioned Bungalow provides a wonderful opportunity to enjoy semi-rural living whilst being only 7 miles from Glasgow City Centre.

The welcoming porch has plenty of room for coats, jackets and outdoor shoes and there is a handy WC to the left. The porch opens into the well-proportioned dining area which is an ideal space for formal entertaining just next to the kitchen. Just beyond the dining area is the sizeable lounge. This room has an attractive flow of natural light from the broad south facing window and the French doors which open into the rear garden. Truly, a relaxing room which is perfect for more casual entertaining or having a quiet evening at home. Opening the French doors gives even more space in the rear garden for outdoor entertaining, having barbeques or just having a long relax in the sunshine. The fitted kitchen has plenty of storage space and included in the sale are the single oven, gas hob, extractor fan, fridge and the washing machine which is situated in the utility room next to the back door. A door from the utility room leads into the double garage - very useful for bringing shopping into the house on wet days. To make life easier, the garage door is electric.

Overlooking the rear garden are two double bedrooms, each with built-in cupboard space. The third bedroom, which is currently being used as an office, also has a good-sized cupboard. Completing the accommodation is a modern shower room and hall cupboard.

The garden grounds wrap round three sides of the property, and the rear garden is fully enclosed, providing a good degree of privacy. It comprises of paved and gravel areas, lawn and mature shrubbery on two levels. To the front the large grass lawn gives a neat and tidy appearance and there is space for two cars in the monoblocked driveway which leads to the double garage.

The property benefits from gas central heating and it should be noted that the boiler was replaced in November 2024. There is also double glazing throughout the property.

The village of Torrance offers a good range of amenities including local shops, bars and restaurants whilst Strathkelvin Retail Park has a number of High Street shops. Torrance Primary School is well-regarded, and there is secondary provision at the ever-popular Boclair Academy in Bearsden. Alternatively, private schooling is located in Bearsden and Glasgow. Within East Dunbartonshire there is a wide choice of outdoor pursuits available such as excellent golf courses, tennis clubs and bowling clubs. The local area also has a fabulous choice of walking and cycling trails, suitable for all levels of fitness. A little further afield is Mugdock Country Park which has a wonderful array of walks, cafes and play areas for children. For indoor activities there are private gyms and also leisure centres in both Kirkintilloch, Milngavie and Bishopbriggs.

The Home Report can be downloaded and viewed on the Onesurvey website. Please follow the instructions.

Energy Efficiency Rating - C

Council Tax - E

IMPORTANT NOTE TO PURCHASERS:

1. HMRC Anti Money Laundering Regulations:- All intending purchasers will be asked to produce documentation in relation to proof of identity at a later stage. Evidence of source of funds relation to cash purchases and purchases dependent on a mortgage application will be required. We would ask for cooperation in order that there will be no delay in agreeing the sale of the property.

2. General:- Whilst we endeavour to make these particulars as accurate as possible, they do not form part of any contract on offer, nor are they guaranteed. Measurements are approximate and in most cases are taken with a digital/sonic-measuring device and are taken to the widest point. We have not tested the electricity, gas or water services or any appliances. Photographs are reproduced for general information and it must not be inferred that any item is included for sale with the property. If there is any part of this that you find misleading or simply wish clarification on any point, please contact our office immediately when we will endeavour to assist you in any way possible.

Agent Details

Mike Smith Properties, Lenzie

0141 673 1742

Next Steps?

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