2 Bed Terraced House, Single Let, Glasgow, G22 6PZ, £145,000

Erradale Place, Glasgow City Centre, Glasgow, G22 6PZ - 3 views - a month ago

BTL
ROI: 3%
~68 m²
+18 photos

ValuationFair Value











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£36,250

Stamp Duty & Legal Fees

£5,550

Total Cash In

£41,800

 

 

Cash Out

 

Rent Range

£600 - £1,250

Rent Estimate

£706

Running Costs/mo

£614

Cashflow/mo

£92

Cashflow/yr

£1,100

ROI

3%

Gross Yield

6%

Local Sold Prices

37 sold prices from £70K to £538.5K, average is £107.5K.

PriceDateDistanceAddressBeds 
£130K07/210.04 mi6, Strachur Place, Glasgow G22 6PU2
£538.5K03/210.05 mi47, Strachur Crescent, Glasgow G22 0BN2
£122.5K05/210.05 mi46, Strachur Crescent, Glasgow G22 6RE2
£145K12/200.05 mi44, Strachur Crescent, Glasgow, Gla G22 6RE2
£136K08/210.06 mi17, Strachur Grove, Glasgow G22 6PY2
£130K09/210.06 mi2, Strachur Grove, Glasgow, Gla G22 6PY2
£137K07/210.06 mi14, Strachur Grove, Glasgow G22 6PY2
£170.2K11/210.3 mi5, Parkbrae Gate, Glasgow G20 9PJ2
£162.3K07/210.34 mi4, Parkbrae Drive, Glasgow G20 9PN2
£165K02/210.4 mi28, Whitworth Drive, Ruchill, Glasgow G20 9JG2
£107.5K11/210.5 mi29, Skirsa Street, Glasgow G23 5AJ2
£110K04/210.57 mi52, Hillswick Crescent, Glasgow G22 7PS2
£88K03/210.58 mi19, Hillswick Crescent, Glasgow G22 7PR2
£85.8K10/210.63 mi14, Shieldaig Road, Glasgow G22 7PN2
£96.3K06/210.63 mi108, Shieldaig Road, Glasgow G22 7PN2
£85K10/210.67 mi29, Torogay Street, Glasgow G22 7RA2
£132K04/210.68 mi95, Mclaren Crescent, Glasgow G20 0LD2
£87.5K02/210.68 mi15, Egilsay Street, Glasgow, Gla G22 7PE2
£80K03/210.7 mi26, Egilsay Place, Glasgow G22 7NX2
£93K01/210.7 mi5, Longay Place, Glasgow G22 7PB2
£84K09/210.71 mi3, Longay Street, Glasgow G22 7PD2
£84K12/210.72 mi31, Torogay Street, Glasgow G22 7RA2
£78K03/210.72 mi63, Torogay Street, Glasgow G22 7RA2
£90.1K09/210.72 mi89, Torogay Street, Glasgow G22 7RA2
£70K12/210.73 mi145, Broadholm Street, Glasgow G22 6SN2
£105.6K08/210.8 mi76, Egilsay Street, Glasgow G22 7RG2
£155K03/210.8 mi12, Broughton Drive, Glasgow G23 5JZ2
£110K06/210.87 mi11, Ronay Street, Glasgow G22 7RF2
£112K04/210.88 mi19, Broughton Gardens, Glasgow G23 5NQ2
£165.6K03/210.89 mi31, Pencaitland Place, Glasgow G23 5ND2
£90K01/210.89 mi39, Pencaitland Place, Glasgow, Gla G23 5ND2
£78K11/210.9 mi68, Cathay Street, Glasgow G22 7LU2
£95K11/210.91 mi184, Torogay Street, Glasgow G22 7EG2
£152.1K04/210.92 mi120, Walnut Road, Glasgow G22 6HB2
£135K12/210.94 mi20, Abercorn Place, Glasgow G23 5BL2
£96.5K10/210.96 mi131, Mingulay Street, Glasgow G22 7ED2
£103K07/210.96 mi113, Mingulay Street, Glasgow G22 7ED2

Local Rents

19 rents from £600/mo to £1.3K/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£79504/240.11 miStrachur Crescent, Glasgow2
£70009/230.11 mi-2
£80012/230.16 mi-2
£85009/240.16 mi-2
£79504/240.17 miSkirsa Street, Glasgow, G232
£79502/240.47 mi-2
£75004/240.47 mi-2
£99504/240.48 mi15 Cromer Gardens, Glasgow, G202
£1,15008/240.49 mi-2
£60010/230.49 miLeighton Street, Glasgow, G202
£1,00004/240.52 miLochburn Gate, Maryhill2
£79504/240.53 miBrassey St, Glasgow, G202
£80004/240.53 miBrassey Street, Ruchill, Glasgow, G202
£79504/240.55 miAshgill Road, Glasgow, G222
£84512/240.55 mi-2
£90008/240.59 mi-2
£1,25012/240.6 mi-2
£95003/250.61 mi-2
£68404/240.62 mi-2

Property History

Listed for £145,000

February 26, 2025

Floor Plans

Description

  • CAPITAL APPRECIATION AREA +
  • CLOSE TO LOCAL AMENITIES +
  • CLOSE TO TRANSPORT LINKS +
  • GREAT FAMILY HOME +
  • HIGHLY SOUGHT-AFTER AREA +
  • IDEAL FAMILY HOME +
  • IDEAL FIRST-TIME BUYER +
  • MODERN FEATURES +
  • VERY HIGH DEMAND AREA +
  • WILL ATTRACT AN ARRAY OF BUYERS +

Smart Sales & Investments proudly presents an exceptional mid-terraced house in the highly sought-after area of Glasgow. This stunning property is a gem for first-time buyers and families seeking a welcoming, family-friendly environment.

Discover the charm of this home that offers: **• Sun Trap Garden- **Ideal for summer months
**• Impeccable interiors **– Well-maintained rooms and a cozy lounge ready for you to move in and feel at home
• Spacious bathroom – Offering comfort and convenience for everyone
**• Two generous bedrooms – **Great-sized bedrooms This amazing property is accessible to the following: • Train Station: 10-minute walk
• Local Leisure Centre: 15-minute walk
 Local Restaurants and Cafés: 10-15-minute walk
 Healthcare Facilities: 10-minute walk
 Community Centers: 15-minute walk
• Local Parks and Green Spaces: 10-15-minute walk

This unique property is an exceptional opportunity for first-time buyers looking to step into homeownership. Smart Sales & Investments are committed to making your home-buying journey smooth and stress-free, to ensure maximum commitment from both parties.  EPC rating: C.

Agent Details

Smart Sales & Investments, Glasgow

0141 673 0463

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪