3 Bed Detached House, Planning Permission, Glasgow, G61 4SQ, £350,000

8 Nasmyth Avenue, North Baljaffray, Bearsden, G61 4SQ - 2 views - 2 months ago

Planning
~93 m²
+27 photos

ValuationOvervalued

Sold Prices£215.5K - £470.1K

 

 

Square Metres

~93 m²

Value Estimate

£333,875

 

 

End Value (After Refurb)

£345,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£23,700

Refurb Costs

£36,047

Bridging Loan Interest

£9,188

Total Cash In

£158,185

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£345,000

Mortgage (After Refinance)

£258,750

Mortgage LTV

75%

Cash Left In

£158,185

Equity

£86,250

Rent Range

£675 - £1,900

Rent Estimate

£1,150

Running Costs/mo

£1,328

Cashflow/mo

£-178

Cashflow/yr

£-2,137

Gross Yield

4%

Local Sold Prices

25 sold prices from £215.5K to £470.1K, average is £305K.

PriceDateDistanceAddressBeds 
£275K02/240.31 mi17, Lochnagar Drive, Bearsden, Glasgow, Dunbartonshire G61 4RP3
£367.3K07/210.32 mi5, Cleish Avenue, Bearsden, Glasgow, Dunbartonshire G61 4SG3
£340K07/210.38 mi15, Lowther Avenue, Bearsden G61 4RE3
£320K12/210.46 mi129, Ledi Drive, Bearsden, Glasgow, Dunbartonshire G61 4JX3
£215.5K02/210.55 mi2, Torridon Gardens, Bearsden, Glasgow, Dmb G61 4QT3
£221.8K07/210.56 mi21, Sidlaw Road, Bearsden, Glasgow, Dunbartonshire G61 4LD3
£332.3K08/210.56 mi33, Sidlaw Road, Bearsden, Glasgow, Dunbartonshire G61 4LD3
£271K02/240.57 mi12, Craigmore Road, Bearsden, Glasgow, Dunbartonshire G61 4JT3
£456K10/210.61 mi8, Dumbrock Road, Milngavie, Glasgow, Dunbartonshire G62 7RB3
£335.5K03/210.61 mi3, Dumbrock Road, Milngavie, Glasgow, Dunbartonshire G62 7RB3
£310.5K02/240.71 mi40, Bonnaughton Road, Bearsden, Glasgow, Dunbartonshire G61 4DA3
£470.1K07/210.74 mi9, Bailie Drive, Bearsden, Glasgow, Dunbartonshire G61 3AL3
£345.1K12/210.74 mi19, Drumbeg Terrace, Milngavie, Glasgow G62 7RH3
£285K04/210.74 mi47, Castle Mains Road, Milngavie G62 7QB3
£365.1K11/210.79 mi62, Castle Mains Road, Milngavie, Glasgow, Dunbartonshire G62 7QB3
£260.1K02/240.83 mi13, Corbie Place, Milngavie, Glasgow, Dunbartonshire G62 7NB3
£305K05/240.89 mi12, Garvel Road, Milngavie, Glasgow, Dunbartonshire G62 7JE3
£266K02/210.9 mi28, Eagle Crescent, Bearsden, Glasgow, Dmb G61 4HR3
£253.6K08/210.92 mi5, Muirlees Crescent, Milngavie, Glasgow, Dunbartonshire G62 7JA3
£415.1K08/210.92 mi43, Muirlees Crescent, Milngavie, Glasgow, Dunbartonshire G62 7JA3
£341.1K10/210.98 mi26, Ardlui Gardens, Milngavie, Glasgow, Dunbartonshire G62 7RL3
£245K07/210.99 mi79, Ashburn Road, Milngavie, Glasgow, Dunbartonshire G62 7PQ3
£267.1K02/211 mi4, Carnock Gardens, Milngavie, Glasgow, Dmb G62 7RU3
£261.2K03/211 mi20, Carnock Gardens, Milngavie, Glasgow, Dumbarton G62 7RU3
£225K03/211 mi19, Carnock Gardens, Milngavie, Glasgow, Dunbartonshire G62 7RU3

Local Rents

17 rents from £675/mo to £1.9K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,19512/240.67 miSt Andrews Drive , Bearsden, Glasgow, G61 4NW3
£1,60004/250.77 mi-3
£1,29504/240.84 mi-3
£1,29512/240.84 miWhitehurst, Bearsden, Glasgow, G613
£1,90006/240.89 mi-3
£1,90012/240.91 miDumgoyne Drive, Bearsden3
£1,10006/240.99 mi-3
£1,10012/241.07 mi-3
£1,15004/241.07 miCraigdhu Road, Milngavie, Glasgow, G623
£89512/241.12 mi-3
£90002/251.12 mi-3
£90002/251.12 mi-3
£90002/251.12 mi-3
£75012/241.19 mi-3
£75003/251.19 mi-3
£67512/241.22 miBryson Street, Clydebank, Dunbartonshire, G813
£1,70001/241.23 mi-3

Local Area Statistics

 

 

Rental growth (12m)

-18%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £350,000

March 5, 2025

Floor Plans

Description

• Three bedroomed detached villa by Stewart Milne
• Beautifully presented throughout
• Highly popular, family friendly address in North Baljaffray
• Three bedrooms, lounge, dining room, sun room, two baths
• Converted garage – perfect home working environment, sliding door access to front
• Super rear garden set over three principal tours
• Quality floor coverings throughout
• Gas central heating and double glazed windows units
• Bearsden Academy catchment
• Off street driveway parking

Constructed by Stewart Milne in the 1990’s, this three-bedroomed detached villa occupies a desirable position at the start of Nasmyth Avenue – a quiet, family friendly street to the northerly perimeter of Bearsden’s popular North Baljaffray district.

Across the duration of their ownership, our clients have made a number of key improvements/upgrades, where specific note should be given to luxury bathrooms (under floor heating and ‘smart’ toilet in the family bathroom), Worcester Bosch combination boiler (2022), LED lighting throughout, CCTV cameras (HD night vision), quality carpeting to the stair, and implementation of a solid roof to the former conservatory which has, in turn, created a more useable/adaptable sun room.

Recently, our clients have carried out a conversion of the former integral garage space – a now fully floored/lined/insulated area with sliding door access from the property’s front elevation. The perfect home working/home work out space.

It is also worth noting that our clients have, in the past, successfully applied for planning permission to erect a double storey extension to the rear of the property, with the associated plans and documents available for review via the East Dunbartonshire Planning Portal – REF: TP/ED/21/0283

In its current form however, No.8 Nasmyth Avenue is a very well appointed and highly adaptable family home and one deserving of prompt first hand inspection.

Our suite of HDR images, 360° immersive tour, HD video and floorplan will allow for thorough desktop appraisal of the property, with a summary of the accommodation to be found as follows:-

Summary of Accommodation

- Entrance porch/vestibule – perfect for shoes and coats
- Spacious lounge with storage off
- Formal dining room
- Contemporary fitted kitchen – range of integrated appliances, utility off
- Luxury three-piece family bathroom - stunningly tiled, stand-alone bath, walk in shower enclosure with ‘rain’ style fitting
- Three double bedrooms – Master ensuite

The rear garden, set over three principal tiers, is laid to an attractive combination of stone paviours, lawn, and bark chips. Plenty of room for child’s play.

Situation

North Baljaffray is on the north westerly fringe of Bearsden and is an area long proved popular. The local primary school, Baljaffray Primary, is not far away, beside a little shopping zone at Baljaffray Precinct. Secondary provision is at the excellent Bearsden Academy at Courthill, with the St. Nicholas’ Primary on Duntocher Road. The heart of Bearsden (Bearsden Cross) is about two miles to the southeast where you will find a broad selection of quality retailers, including a Marks & Spencer’s (foodhall). Just south of The Cross is Bearsden Railway Station.

SAT NAV REF: G61 4SQ

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

EPC Rating: C
Council Tax Band: F

Agent Details

Rettie, Bearsden

0141 673 9751

Next Steps?

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