2 Bed Terraced House, Single Let, Glasgow, G22 7RH, £115,000

Stornoway Street, Glasgow, G22 7RH - a month ago

BTL
ROI: 3%
~68 m²
+6 photos

ValuationOvervalued

Sold Prices£70K - £538.5K

 

 

Square Metres

~68.11 m²

Value Estimate

£103,000

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£28,750

Stamp Duty & Legal Fees

£6,950

Total Cash In

£35,700

 

 

Cash Out

 

Rent Range

£700 - £1,500

Rent Estimate

£575

Running Costs/mo

£494

Cashflow/mo

£81

Cashflow/yr

£968

ROI

3%

Gross Yield

6%

Local Sold Prices

48 sold prices from £70K to £538.5K, average is £135K.

PriceDateDistanceAddressBeds 
£105.6K08/210.06 mi76, Egilsay Street, Glasgow G22 7RG2
£84K09/210.08 mi3, Longay Street, Glasgow G22 7PD2
£93K01/210.11 mi5, Longay Place, Glasgow G22 7PB2
£78K03/210.11 mi63, Torogay Street, Glasgow G22 7RA2
£90.1K09/210.11 mi89, Torogay Street, Glasgow G22 7RA2
£80K03/210.11 mi26, Egilsay Place, Glasgow G22 7NX2
£87.5K02/210.11 mi15, Egilsay Street, Glasgow, Gla G22 7PE2
£84K12/210.11 mi31, Torogay Street, Glasgow G22 7RA2
£110K06/210.12 mi11, Ronay Street, Glasgow G22 7RF2
£85K10/210.13 mi29, Torogay Street, Glasgow G22 7RA2
£78K11/210.15 mi68, Cathay Street, Glasgow G22 7LU2
£95K11/210.19 mi184, Torogay Street, Glasgow G22 7EG2
£103K07/210.21 mi113, Mingulay Street, Glasgow G22 7ED2
£96.5K10/210.21 mi131, Mingulay Street, Glasgow G22 7ED2
£88K03/210.34 mi19, Hillswick Crescent, Glasgow G22 7PR2
£85.8K10/210.37 mi14, Shieldaig Road, Glasgow G22 7PN2
£96.3K06/210.37 mi108, Shieldaig Road, Glasgow G22 7PN2
£110K04/210.37 mi52, Hillswick Crescent, Glasgow G22 7PS2
£134K05/210.61 mi11, Colston Path, Bishopbriggs, Glasgow G64 2BL2
£152K06/210.61 mi1, Colston Path, Bishopbriggs, Glasgow G64 2BL2
£156K10/210.61 mi30, Colston Gardens, Bishopbriggs, Glasgow G64 2BJ2
£153.5K10/210.61 mi4, Colston Gardens, Bishopbriggs, Glasgow G64 2BJ2
£200K07/210.62 mi69, Kenmure Gardens, Bishopbriggs, Glasgow G64 2BZ2
£195.3K04/210.65 mi78, Beaufort Gardens, Bishopbriggs, Glasgow G64 2DG2
£70K12/210.68 mi145, Broadholm Street, Glasgow G22 6SN2
£173K02/210.72 mi31, Kenmure Gardens, Bishopbriggs, Glasgow, Gla G64 2BX2
£538.5K03/210.76 mi47, Strachur Crescent, Glasgow G22 0BN2
£136K08/210.76 mi17, Strachur Grove, Glasgow G22 6PY2
£130K09/210.76 mi2, Strachur Grove, Glasgow, Gla G22 6PY2
£137K07/210.76 mi14, Strachur Grove, Glasgow G22 6PY2
£152.5K02/210.77 mi81, Colston Avenue, Bishopbriggs, Glasgow, Gla G64 1SL2
£225K02/210.77 mi179, Brackenbrae Avenue, Bishopbriggs, Glasgow, Gla G64 2EB2
£230.3K06/210.79 mi192, Brackenbrae Avenue, Bishopbriggs, Glasgow G64 2EA2
£178.7K03/210.8 mi9, Bishop Gardens, Bishopbriggs, Glasgow G64 2ED2
£386K10/210.8 mi29, Brackenbrae Road, Bishopbriggs, Glasgow G64 2BT2
£224K08/210.82 mi26, Bishop Gardens, Bishopbriggs, Glasgow G64 2ED2
£122.5K05/210.82 mi46, Strachur Crescent, Glasgow G22 6RE2
£145K12/200.82 mi44, Strachur Crescent, Glasgow, Gla G22 6RE2
£152.1K04/210.82 mi120, Walnut Road, Glasgow G22 6HB2
£130K07/210.83 mi6, Strachur Place, Glasgow G22 6PU2
£170.1K11/210.87 mi4, Ravens Court, Bishopbriggs, Glasgow G64 1XD2
£162.3K07/210.87 mi4, Parkbrae Drive, Glasgow G20 9PN2
£120K08/210.88 mi26, Viewpoint Road, Glasgow G21 3TT2
£151K10/210.9 mi2, Mavis Bank, Bishopbriggs, Glasgow G64 1XB2
£170.2K11/210.91 mi5, Parkbrae Gate, Glasgow G20 9PJ2
£140.7K10/210.95 mi5, Strathkelvin Avenue, Bishopbriggs, Glasgow G64 1RR2
£140K10/210.97 mi56, Southview Terrace, Bishopbriggs, Glasgow G64 1SA2
£242K07/210.99 mi17, Muirpark Drive, Bishopbriggs, Glasgow G64 1RB2

Local Rents

46 rents from £700/mo to £1.5K/mo, average is £875/mo.

RentDateDistanceAddressBeds 
£79504/240.48 miAshgill Road, Glasgow, G222
£95003/250.49 mi-2
£75004/240.51 miJohn Marshall Drive, Bishopbriggs2
£97510/230.61 miColston Gardens, Glasgow, G642
£80003/250.62 mi-2
£80012/230.68 mi-2
£85009/240.68 mi-2
£87504/240.71 miBroadholm Street, Glasgow2
£1,00004/240.72 mi-2
£1,00004/240.72 mi-2
£87509/240.72 mi-2
£87509/240.72 mi-2
£79504/240.72 miStrachur Crescent, Glasgow2
£70009/230.74 mi-2
£87501/240.77 mi-2
£87505/240.77 mi-2
£87505/240.77 miParkhouse, Glasgow, G222
£79504/240.8 miSkirsa Street, Glasgow, G232
£85005/240.84 miLennox Crescent, Bishopbriggs2
£79504/240.84 miColston Grove, Glasgow, G642
£89511/240.85 mi-2
£77009/240.88 mi-2
£79907/240.88 mi-2
£89904/240.88 miGlasgow, Glasgow, G222
£89905/240.88 miGlasgow, Glasgow, G222
£89904/240.88 mi-2
£89504/240.89 miLenzie Way, Glasgow, G21 3TB2
£95010/230.9 miCrowhill Quadrant,Bishopbriggs,Glasgow,G642
£79502/240.93 mi-2
£95004/240.97 miSouthview Terrace, Glasgow, G642
£89504/240.99 miKenmure Avenue, Bishopbriggs, Glasgow, G64 2RE2
£78502/241 mi-2
£99505/241.03 mi141 Kirkintilloch Road, Glasgow, G642
£99504/241.03 miKirkintilloch Road, Bishopbriggs, East Dunbartonshire, G642
£99504/241.03 miKirkintilloch Road, Bishopbriggs, East Dunbartonshire, G642
£85008/241.13 mi-2
£90004/241.14 miMartyrs Place, Bishopbriggs, Glasgow, G64 1UF2
£79502/241.16 mi-2
£75004/241.17 mi-2
£80002/251.17 mi-2
£99504/241.19 mi15 Cromer Gardens, Glasgow, G202
£75004/241.19 miRatho Drive, Springburn, Glasgow, G212
£1,19504/241.2 miAuchinairn Road, Glasgow2
£1,50004/241.2 mi-2
£90002/241.21 mi-2
£90012/241.21 mi-2

Local Area Statistics

 

 

Rental growth (12m)

+32%

Sales demand

Seller's market

Capital growth (5yrs)

+49%

Property History

Listed for £115,000

March 4, 2025

Description

  • Rear Garden Space +
  • Modern Kitchen +
  • 2 Bedrooms +
  • Current Rent £575 +
  • Being Sold With Tenant in Situ +

TENANTED INVESTMENT
Rentlocally are proud to present this two bedroom terraced house located in Glasgow, this property is currently tenanted and is being sold with the tenant in situ.

The ground floor of the property features an entrance hallway, a bright spacious lounge and a separate fully fitted modern kitchen. The first floor of the property consists of two double bedrooms, which both provide plenty of space for ample storage and a separate family bathroom featuring a bath with an attached shower. Finishing off the property, there is a spacious rear garden featuring both a lawn and decking area.

Don't miss out on this fantastic investment opportunity!

Agent Details

RentLocally.co.uk Ltd, Edinburgh

0131 381 0771

Next Steps?

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