3 Bed House, Refurb/BRRR, Glasgow, G61 3AT, £375,000

4 Schaw House, Schaw Drive, Bearsden, G61 3AT - 1 views - 2 months ago

Under Offer
Refurb/BRRR
ROI: 3%
~153 m²
+27 photos

ValuationOvervalued

Sold Prices£58.4K - £527.8K

 

 

Square Metres

~152.52 m²

Value Estimate

£309,931

 

 

End Value (After Refurb)

£170,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£28,700

Refurb Costs

£59,117

Bridging Loan Interest

£9,844

Total Cash In

£193,161

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£170,000

Mortgage (After Refinance)

£127,500

Mortgage LTV

75%

Cash Left In

£193,161

Equity

£42,500

Rent Range

£995 - £2,750

Rent Estimate

£1,388

Running Costs/mo

£829

Cashflow/mo

£559

Cashflow/yr

£6,710

ROI

3%

Gross Yield

4%

Local Sold Prices

45 sold prices from £58.4K to £527.8K, average is £370K.

PriceDateDistanceAddressBeds 
£370K05/210.16 mi14, North Grange Road, Bearsden, Glasgow, Dunbartonshire G61 3AE3
£58.4K02/210.16 mi1b, Stirling Drive, Bearsden, Glasgow, Dmb G61 4NX3
£318.3K02/210.17 mi1a, Stirling Drive, Bearsden, Glasgow, Dumbarton G61 4NX3
£434.4K03/210.2 mi6, Elm Walk, Bearsden, Glasgow, Dunbartonshire G61 3BQ3
£480K05/210.22 mi73, Drymen Road, Bearsden, Glasgow, Dunbartonshire G61 3RH3
£387K05/210.39 mi4, Kilmardinny Drive, Bearsden, Glasgow, Dunbartonshire G61 3PD3
£527.8K06/210.4 mi39, Thomson Drive, Bearsden, Glasgow, Dunbartonshire G61 3PA3
£470.1K07/210.43 mi9, Bailie Drive, Bearsden, Glasgow, Dunbartonshire G61 3AL3
£352K07/210.44 mi59, Thomson Drive, Bearsden, Glasgow, Dunbartonshire G61 3PB3
£385K09/210.54 mi7, Manse Avenue, Bearsden, Glasgow, Dumbarton G61 3PP3
£215.5K02/210.55 mi2, Torridon Gardens, Bearsden, Glasgow, Dmb G61 4QT3
£425.2K03/210.56 mi47, Thorn Road, Bearsden, Glasgow, Dunbartonshire G61 4BP3
£370K02/240.56 mi69, Hillfoot Drive, Bearsden, Glasgow, Dunbartonshire G61 3QG3
£403K10/210.59 mi67, Hillfoot Drive, Bearsden, Glasgow, Dunbartonshire G61 3QG3
£409K04/240.61 mi12, Hillside Avenue, Bearsden, Glasgow, Dunbartonshire G61 3QE3
£75K05/210.62 mi17, Hillneuk Avenue, Bearsden, Glasgow, Dumbarton G61 3PZ3
£372K02/210.63 mi11, Hillneuk Avenue, Bearsden, Glasgow, Dmb G61 3PZ3
£310.5K02/240.64 mi40, Bonnaughton Road, Bearsden, Glasgow, Dunbartonshire G61 4DA3
£362K05/240.64 mi36, Station Road, Bearsden, Glasgow, Dunbartonshire G61 4AL3
£375K12/210.65 mi74, Hawthorn Avenue, Bearsden, Glasgow, Dunbartonshire G61 3NQ3
£387.5K10/210.66 mi33, Hillfoot Drive, Bearsden, Glasgow, Dunbartonshire G61 3QQ3
£385.3K04/240.66 mi49, Kilmardinny Crescent, Bearsden, Glasgow, Dunbartonshire G61 3NP3
£431.5K10/210.68 mi13, Roman Drive, Bearsden, Glasgow, Dunbartonshire G61 2QL3
£421K05/210.69 mi79, Douglas Park Crescent, Bearsden, Glasgow, Dunbartonshire G61 3DW3
£221.8K07/210.7 mi21, Sidlaw Road, Bearsden, Glasgow, Dunbartonshire G61 4LD3
£332.3K08/210.7 mi33, Sidlaw Road, Bearsden, Glasgow, Dunbartonshire G61 4LD3
£432.5K05/210.73 mi1, Beech Avenue, Bearsden, Glasgow, Dunbartonshire G61 3EU3
£353.5K04/210.73 mi47, Galbraith Drive, Milngavie, Glasgow, Dunbartonshire G62 6LZ3
£352K05/240.73 mi34, Galbraith Drive, Milngavie, Glasgow, Dunbartonshire G62 6NE3
£273.5K02/210.74 mi33, Hawthorn Avenue, Bearsden, Glasgow, Dumbarton G61 3NG3
£448.4K05/240.74 mi24, Beech Avenue, Bearsden, Glasgow, Dunbartonshire G61 3EX3
£340K07/210.74 mi15, Lowther Avenue, Bearsden G61 4RE3
£266K02/210.77 mi28, Eagle Crescent, Bearsden, Glasgow, Dmb G61 4HR3
£271K02/240.77 mi12, Craigmore Road, Bearsden, Glasgow, Dunbartonshire G61 4JT3
£367.3K07/210.79 mi5, Cleish Avenue, Bearsden, Glasgow, Dunbartonshire G61 4SG3
£461.3K08/210.83 mi22, Shaw Road, Milngavie, Glasgow, Dunbartonshire G62 6LX3
£400K02/210.83 mi27, Shaw Road, Milngavie, Glasgow, Dmb G62 6LX3
£415.9K04/240.83 mi4, Prestonfield, Milngavie, Glasgow, Dunbartonshire G62 7PZ3
£320K12/210.84 mi129, Ledi Drive, Bearsden, Glasgow, Dunbartonshire G61 4JX3
£400K02/240.86 mi3, Mosshead Road, Bearsden, Glasgow, Dunbartonshire G61 3EP3
£360K01/240.87 mi70, Breadie Drive, Milngavie, Glasgow, Dunbartonshire G62 6LT3
£355K08/210.92 mi54, Braefoot Avenue, Milngavie, Glasgow, Dunbartonshire G62 6JT3
£410K05/210.92 mi83, Milngavie Road, Bearsden, Glasgow, Dumbarton G61 2DW3
£275K02/240.93 mi17, Lochnagar Drive, Bearsden, Glasgow, Dunbartonshire G61 4RP3
£320K02/240.94 mi9, Doon Crescent, Bearsden, Glasgow, Dunbartonshire G61 1ES3

Local Rents

25 rents from £995/mo to £2.8K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,90012/240.23 miDumgoyne Drive, Bearsden3
£1,90006/240.25 mi-3
£1,70001/240.27 mi-3
£1,25010/230.39 mi-3
£1,32505/230.4 mi-3
£1,29505/240.42 mi-3
£1,29512/240.42 miWhitehurst, Bearsden, Glasgow, G613
£1,19512/240.43 miSt Andrews Drive , Bearsden, Glasgow, G61 4NW3
£1,55012/240.49 miKilmardinny Gate, Bearsden , East Dunbartonshire , G61 3ND3
£1,55012/240.65 miHawthorn Avenue, Bearsden, Glasgow, G61 3NQ3
£1,35010/240.7 mi-3
£1,49512/240.78 mi12 Hawthorn Avenue, Bearsden3
£2,75012/240.9 miLochend Crescent, Glasgow, G613
£1,30004/240.91 miTweed Drive, Bearsden3
£1,09504/240.92 miDrunmore Road, Glasgow, G153
£1,05004/240.92 miDrunmore Road, Glasgow, G153
£1,05004/240.92 miDrunmore Road, Glasgow, G153
£1,05005/240.92 mi-3
£99512/240.95 miMain Street Allander Court, Milngavie, G623
£1,10006/240.98 mi-3
£1,10012/241.02 mi-3
£1,15004/241.02 miCraigdhu Road, Milngavie, Glasgow, G623
£1,60001/251.08 mi-3
£1,19512/241.1 miCairnhill View, Bearsden, East Dunbartonshire, G613
£1,45002/241.16 mi-3

Local Area Statistics

 

 

Rental growth (12m)

-18%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £375,000

February 28, 2025

Floor Plans

Description

• Three bedroomed Duplex Conversion of Mews style
• Main door access to front and rear, private outdoor space
• Forms part of Bearsden’s iconic/landmark Schaw House
• Exacting specification, stylishly presented throughout
• Stunning open plan living/dining/kitchen area
• Substantial principal bedroom suite
• Gas central heating (combination boiler), sash in casement windows (reframed and shutters added in 2022)
• Two private parking spaces and plenty visitors provision

Forming part of Premier Burrell’s fastidious/sympathetic development of Bearsden’s most iconic building – Schaw House, this exceedingly stylish and immaculately appointed three bedroomed ‘Mews’ style conversion is a property of a profile more commonly seen in Glasgow’s West End and will appeal to a range of buyers varying in age and stage.

Circa 2006/7, the developers transformed this Tudor Gothic inspired mansion, which dates from 1895, into a highly desirable residential address – living in Schaw House is a rare privilege indeed. Amongst the 23 properties there are five more individual ‘Mews style’ homes with No. 4 one of these – a property with its own ‘front and back doors’ and with accommodation set over two floors including a striking main living space that includes, on an open-plan basis, a kitchen/dining room/lounge enhanced by the features of both its staircase and the sizeable island unit designed as part of the renewed kitchen. Our client has taken the extra step from previous renovations to implement really stylish panelling to kitchen units/wardrobes along with other aesthetic touches. Thorughout, contemporary decorations and high end fixtures/fittings and appliances are to be found – first hand inspection will not disappoint.

Summary of Accommodation

- Entrance hallway – cloakroom w.c off
- Substantial open plan living/dining/kitchen area (extending to over 35’ in length)
- Dedicated utility room
- Sumptuous principal bedroom suite – ensuite shower room/run of panelled wardrobes
- Upper landing with feature double glazed roof light
- Two additional double bedrooms
- Tiled three-piece family bathroom

Situation

Schaw House is set amidst extensive lawned communal gardens maintained by the factor. It is located just to the north of Bearsden Cross and therefore within easy reach of same. Here you will find an excellent selection of quality independent retailers, along with a Marks & Spencer’s Food Hall, a Bank of Scotland, a well-stocked post office and a couple of pharmacies. There are coffee houses/cafes and a few restaurants. Just south of Bearsden Cross is Bearsden railway station providing regular links into Glasgow’s West End and city centre, including a service to Edinburgh Waverley.

Schaw House is located at the very end of Schaw Drive.

SAT NAV REF: G61 3AT

EPC : BAND C
COUNCIL TAX : BAND E
TENURE : FREEHOLD

EPC Rating: C
Council Tax Band: E

Agent Details

Rettie, Bearsden

0141 673 9751

Next Steps?

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