2 Bed Flat, Refurb/BRRR, Glasgow, G73 1AF, £62,500
Baronald Street, Rutherglen, Glasgow, G73 1AF - 7 views - 2 months ago
Under Offer
Refurb/BRRR
ROI: 13%
~68 m²





+17 photos
ValuationOvervalued
Sold Prices | £41K - £557K |
| |
Square Metres | ~68.11 m² |
Value Estimate | £55,000 |
| |
End Value (After Refurb) | £59,000 |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging Loan |
Deposit (25%) | £15,625 |
Stamp Duty & Legal Fees | £3,075 |
Refurb Costs | £26,400 |
Bridging Loan Interest | £1,641 |
Total Cash In | £48,491 |
| |
Cash Out | |
Monetisation | FlipRefinance & Rent |
Revaluation | £59,000 |
Mortgage (After Refinance) | £44,250 |
Mortgage LTV | 75% |
Cash Left In | £48,491 |
Equity | £14,750 |
Rent Range | £725 - £1,300 |
Rent Estimate | £915 |
Running Costs/mo | £387 |
Cashflow/mo | £528 |
Cashflow/yr | £6,332 |
ROI | 13% |
Gross Yield | 18% |
Local Sold Prices
24 sold prices from £41K to £557K, average is £144K.
Local Rents
12 rents from £725/mo to £1.3K/mo, average is £850/mo.
Local Area Statistics
| |
Rental growth (12m) | -8% |
Sales demand | Seller's market |
Capital growth (5yrs) | +26% |
Property History
Listed for £62,500
February 10, 2025
Floor Plans
