2 Bed Flat, Single Let, Glasgow, G52 3RW £70,000

Kinnell Square, Glasgow, G52 3RW - 2 views - 9 months ago
Under Offer
BTL
ROI: 5%
~68 m²
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ValuationUndervalued

Sold Prices£36K - £147.7K
Sold Prices/m²£514/m² - £2.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1K/m²

Value Estimate

£77,500
BMV11%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£17,500

Stamp Duty & Legal Fees

£4,700

Total Cash In

£22,200

 

 

Cash Out

 

Rent Range

£525 - £1,400

Rent Estimate

£424

Running Costs/mo

£324

Cashflow/mo

£100

Cashflow/yr

£1,205

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £36K to £147.7K, average is £106.3K. £514/m² to £2.3K/m², average is £1.6K/m².

Price
Date
Distance
Address
Beds
 
£67K06/250.02 miFlat 2/2, 14, Kinnell Square, Glasgow G52 3RW2
£68K05/230.04 mi11, Flat 2/2, Dundee Path, Glasgow G52 3RP2
£94.1K08/250.05 miFlat 2/2, 26, Kinnell Crescent, Glasgow G52 3RR2
£147.7K05/250.1 mi872, Mosspark Drive, Glasgow G52 3DB2
£85K06/210.12 mi927, Mosspark Drive, Glasgow G52 3BZ2
£101K05/230.12 mi205, Flat 0/1, Kinnell Avenue, Glasgow G52 3RS2
£111.7K03/230.15 mi789, Mosspark Drive, Glasgow G52 3AS2
£107.5K12/210.18 mi43, Gauldry Avenue, Glasgow G52 3DN2
£133K05/250.19 mi930, Mosspark Drive, Glasgow G52 3BJ2
£91.4K04/240.19 mi184b, Dormanside Road, Glasgow G53 5XU2
£115.5K08/210.19 mi20, Inchbrae Road, Glasgow, Gla G52 3HA2
£105K07/210.19 mi21, Inchbrae Road, Glasgow G52 3HA2
£105K05/230.19 mi86, Tarfside Avenue, Glasgow G52 3DD2
£82K08/240.21 mi165a, Dormanside Road, Glasgow G53 5XW2
£126K02/240.23 mi29, Tarfside Avenue, Glasgow G52 3DG2
£92K07/250.25 mi29c, Lyoncross Road, Glasgow G53 5UJ2
£125K02/240.27 mi133, Muirdrum Avenue, Glasgow G52 3AW2
£143.8K06/250.28 mi993, Mosspark Drive, Glasgow G52 3BU2
£90K04/240.29 mi37a, Lyoncross Road, Glasgow G53 5UH2
£102K11/210.36 mi5, Blairgowrie Road, Glasgow G52 2TW2
£80K04/230.38 mi14, Flat 1/2, Tarfside Gardens, Glasgow G52 3AA2
£119K08/250.38 mi86, Pitlochry Drive, Glasgow G52 2TG2
£115K02/250.39 mi1976, Paisley Road West, Glasgow G52 3TB2
£132.5K05/250.39 mi1972, Paisley Road West, Glasgow G52 3TB2
£100K06/250.41 miFlat 1/2, 69, Wedderlea Drive, Glasgow G52 2SX2
£97K05/250.41 miFlat 0/2, 28, Tarfside Gardens, Glasgow G52 3AA2
£92K09/210.42 mi79, Pitlochry Drive, Glasgow G52 2TF2
£125K05/250.42 miFlat 1/1, 77, Wedderlea Drive, Glasgow G52 2SX2
£82K06/250.44 mi199, Arisaig Drive, Glasgow G52 1PX2
£109K05/250.48 mi58, Calfhill Road, Glasgow G53 5YJ2
£120K09/240.48 mi18, Redpath Drive, Glasgow G52 2DU2
£133K02/230.49 mi220, Aros Drive, Glasgow G52 1TH2
£76K05/250.49 miFlat 0/2, 7, Mossview Quadrant, Glasgow G52 2TU2
£116K11/210.5 mi59, Alness Crescent, Glasgow G52 1PH2
£120.3K06/210.5 mi62, Alness Crescent, Glasgow, Gla G52 1PH2
£120K02/240.51 mi557, Mosspark Drive, Glasgow G52 1QP2
£123K06/250.52 mi18, Midlem Drive, Glasgow G52 2DR2
£115K02/240.53 mi108, Arisaig Drive, Glasgow G52 1PW2
£95.3K12/230.54 mi563, Flat 2/1, Mosspark Boulevard, Glasgow G52 1SB2
£103K05/250.55 miFlat 1/1, 555, Mosspark Boulevard, Glasgow G52 1SB2
£89.8K02/240.55 mi555, Flat 0/1, Mosspark Boulevard, Glasgow G52 1SB2
£146.1K06/250.55 mi92, Arisaig Drive, Glasgow G52 1PP2
£137.5K08/250.55 mi59, Ascaig Crescent, Glasgow G52 1QW2
£115K07/210.56 mi241, Ashdale Drive, Glasgow G52 1PU2
£130.1K04/230.57 mi234, Ashdale Drive, Glasgow G52 1PU2
£110K10/210.58 mi34, Arnhall Place, Glasgow G52 1PT2
£80K02/240.59 mi150, Aros Drive, Glasgow G52 1TJ2
£92.2K02/230.62 mi454, Mosspark Drive, Glasgow G52 1NG2
£36K04/230.65 mi156, Redpath Drive, Glasgow G52 2HE2
£66.5K02/230.66 mi104, Flat 0/2, Corkerhill Place, Glasgow G52 1RY2

Local Rents

46 rents from £525/mo to £1.4K/mo, average is £850/mo.

Rent
Date
Distance
Address
Beds
 
£78511/250 miKinnell Square, Glasgow, G522
£52508/250 miKinnell Square, Cardonald, Glasgow, G522
£72504/240.04 miKinnell Path, Glasgow, G522
£79510/250.09 miKinnell Avenue, Cardonald, G522
£55008/250.09 miCardonald, Glasgow , G522
£95004/240.11 miMosspark Drive, Cardonald, Glasgow, G522
£90008/250.11 miMosspark Drive, Cardonald, Glasgow, G522
£69504/240.12 miFlat 2/2 227 Kinnell Avenue, Glasgow2
£79501/240.14 mi-2
£87507/250.14 miCardonald, Tannadice Path, G52 3DX - Unfurnished2
£80007/250.15 mi134 Dormanside Road, Glasgow, G535XT2
£82504/240.19 miKinnell Avenue,Glasgow,G522
£89511/250.2 miArbroath Avenue, Cardonald, Glasgow, G522
£85004/240.21 miTrinity Avenue, Cardonald, G522
£1,02508/250.21 mi88, Trinity Avenue, Glas, G52 3ER2
£85008/250.22 miDundee Drive, Cardonald, Glasgow, G522
£75012/240.28 mi-2
£58008/250.29 mi150 tarfside Oval, Glasgow, G522
£79505/250.31 miLyoncross Road, Pollok2
£90009/250.38 mi-2
£67512/230.38 mi-2
£80011/250.39 miPaisley Road West, Glasgow, G522
£87510/250.4 mi-2
£84505/250.41 mi-2
£85009/250.42 mi1/2 32 Tarfside Gardens, Cardonald, Glasgow, G52 3AA2
£57508/250.44 miFlat 0/2, 10 Tarfside Gardens, Glasgow, Lanarkshire, G522
£90002/240.47 mi-2
£90002/250.47 mi-2
£1,05011/250.48 miAros Drive, Mosspark, Glasgow2
£95009/250.5 miAlness Crescent, Glasgow2
£95006/250.5 miAlness Crescent, Mosspark, Glasgow, G522
£1,40006/250.51 miBerryknowes Road, Cardonald, Glasgow, G522
£59508/250.53 miMosspark Boulevard, Cardonald, Glasgow, G522
£96007/250.54 mi2/1, 559 Mosspark Boulevard2
£1,10009/250.55 miMosspark Drive, Bellahouston, Glasgow, G52 1QH2
£85010/240.56 mi-2
£99505/240.59 miAros Drive, Glasgow, G522
£67508/250.59 miAshkirk Drive, Mosspark, Glasgow, G522
£92506/250.6 miBellahouston Drive, Mosspark, Glasgow, G522
£92012/230.6 mi-2
£70008/250.6 miBerryknowes Road, Cardonald, Glasgow, G522
£77508/250.6 miBerryknowes Road, Cardonald, Glasgow, G522
£90008/250.61 miSwinton Drive, Glasgow, G52 2EY2
£1,30008/250.61 mia Hardridge Road, Glasgow2
£90011/250.62 mi-2
£74505/240.62 miBerryknowes Road, Glasgow, G522

Local Area Statistics

 

 

Rental growth (12m)

+24%

Sales demand

Seller's market

Capital growth (5yrs)

+37%

Property History

Listed for £70,000

March 5, 2025

Description

  • Buy-to-Let Opportunity +
  • Long Term Tenant Currently Situated +
  • Well Maintained Property +
  • Spacious Rooms +
  • Likely to attract enquiries from Serious Investors & Developers. +
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack) +

Our latest listing is a 2 bedroom flat located in Glasgow. It is in close proximity to valuable amenities, is able to generate rewarding rental returns and has a tenant currently situated.

For investors looking to expand their portfolio, this is a fantastic opportunity!

This well-kept home features 2 bedrooms, lounge, kitchen, and bathroom.

Investment details

It currently produces an annual gross income of £5,091.48 which could be increased by the new owner to a market rate of £10,476 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested, please call us.

Tenancy Details

The current tenants have lived in the property for several years and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.

Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.

Agent Details

Let Property Sales & Management, Glasgow

0141 673 7973

Next Steps?

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