3 Bed Flat, Refurb/BRRR, Glasgow, G13 3QP, £132,500

42 Hermitage Avenue, Glasgow, G13 3QP - 4 views - a month ago

Under Offer
Refurb/BRRR
ROI: 12%
~93 m²
+5 photos

ValuationOvervalued

Sold Prices£65K - £678.7K

 

 

Square Metres

~93 m²

Value Estimate

£119,000

 

 

End Value (After Refurb)

£125,575

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£33,125

Stamp Duty & Legal Fees

£7,825

Refurb Costs

£36,263

Bridging Loan Interest

£3,478

Total Cash In

£82,441

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£125,575

Mortgage (After Refinance)

£94,181

Mortgage LTV

75%

Cash Left In

£82,441

Equity

£31,394

Rent Range

£950 - £2,750

Rent Estimate

£1,513

Running Costs/mo

£715

Cashflow/mo

£798

Cashflow/yr

£9,576

ROI

12%

Gross Yield

14%

Local Sold Prices

50 sold prices from £65K to £678.7K, average is £166.5K.

PriceDateDistanceAddressBeds 
£115K04/210.1 mi28, Baldric Road, Glasgow G13 3QJ3
£130.5K03/210.14 mi118, Kestrel Road, Glasgow G13 3RA3
£125K03/210.38 mi9, Cedric Place, Glasgow G13 2EG3
£168K12/210.49 mi120e, Southbrae Drive, Glasgow G13 1TZ3
£140K09/210.56 mi24, Woodhouse Street, Glasgow G13 1AR3
£133.9K08/210.67 mi154, Kirkton Avenue, Glasgow G13 3AD3
£114K10/210.69 mi41, Shafton Road, Glasgow G13 2NJ3
£150.5K11/210.69 mi8, Polnoon Avenue, Glasgow G13 3EU3
£150.5K11/210.69 mi8, Polnoon Avenue, Glasgow G13 3EU3
£101.8K12/210.7 mi17, Polnoon Avenue, Glasgow G13 3HQ3
£145K10/210.77 mi42, Kinellar Drive, Glasgow G14 0EY3
£116K10/210.79 mi15, Pennan Place, Glasgow G14 0EA3
£130K05/210.84 mi121, Glanderston Drive, Glasgow G13 3UG3
£140K03/210.84 mi20, Anniesland Crescent, Glasgow G14 0YQ3
£110K04/210.91 mi61, Lesmuir Drive, Glasgow G14 0EG3
£128.6K09/210.91 mi17, Lesmuir Drive, Glasgow G14 0EG3
£135K06/210.91 mi15, Lesmuir Drive, Glasgow G14 0EG3
£65K03/210.93 mi79, Gorget Avenue, Glasgow G13 2AN3
£319.3K04/210.94 mi1 1/1, Old Farm Road, Bearsden, Glasgow, Gla G61 1QA3
£605K07/211.13 mi3, Hatfield Drive, Glasgow G12 0XZ3
£240K01/211.16 mi224a, Drumchapel Road, Glasgow G15 6EG3
£123.5K09/211.17 mi70, Beil Drive, Glasgow G13 4DB3
£270K09/211.18 mi1300, 85 Whittingehame Court, Great Western Road, Glasgow G12 0BH3
£234.1K09/211.18 mi1300, 98 Whittingehame Court, Great Western Road, Glasgow G12 0BH3
£339K04/211.22 mi42, Crawford Drive, Glasgow G15 6TN3
£221K02/211.23 mi14, 35 Chesterfield Court, Dorchester Place, Glasgow, Gla G12 0BW3
£312K04/241.32 mi165, Henderland Road, Bearsden, Glasgow, Dunbartonshire G61 1JA3
£302K07/211.32 mi181, Henderland Road, Bearsden, Glasgow, Dunbartonshire G61 1JA3
£118K04/211.41 mi99, Hawick Street, Glasgow G13 4EE3
£165K04/211.41 mi59, Broomhill Drive, Glasgow G11 7AJ3
£220K04/211.42 mi13, Canniesburn Quadrant, Glasgow, Dunbartonshire G61 1RU3
£285K12/211.42 mi12, Cairnhill View, Glasgow G61 1RP3
£242K02/241.44 mi13, Canniesburn Quadrant, Glasgow, Dunbartonshire G61 1RU3
£220.5K04/211.44 mi30, Canniesburn Quadrant, Glasgow, Dunbartonshire G61 1RW3
£345K10/211.46 mi5e, Hughenden Gardens, Glasgow G12 9XW3
£285K07/211.49 mi49, Canniesburn Drive, Bearsden, Glasgow G61 1RX3
£185K12/211.56 mi21, Lochend Crescent, Bearsden, Glasgow, Dumbarton G61 1DZ3
£312K12/211.67 mi2, Norwood Park, Bearsden, Glasgow, Dunbartonshire G61 2RF3
£140K04/241.67 mi13, Norwood Park, Bearsden, Glasgow, Dunbartonshire G61 2RF3
£345K08/211.7 mi11, Beechwood Court, Bearsden, Glasgow, Dunbartonshire G61 2RY3
£70K08/241.74 mi8b, Anne Avenue, Renfrew, Ren PA4 8RR3
£640K09/211.75 mi36, Drymen Road, Bearsden, Glasgow, Dumbarton G61 2RG3
£82K03/211.78 mi41, Brown Avenue, Clydebank, Dunbartonshire G81 1DL3
£678.7K06/211.79 mi53a, Partickhill Road, Glasgow, Gla G11 5AB3
£70K04/211.8 mi190, Kirkwood Avenue, Clydebank G81 2SW3
£190K05/211.83 mi2a, Dungoyne Street, Glasgow G20 0BA3
£585K06/211.84 mi3a, Cleveden Drive, Glasgow G12 0SB3
£415K05/211.84 mi4b, Prince Albert Road, Glasgow G12 9JX3
£460K05/211.86 mi10a, Princes Terrace, Glasgow G12 9JP3
£82K10/211.87 mi65, Cumlodden Drive, Maryhill, Glasgow G20 0JJ3

Local Rents

16 rents from £950/mo to £2.8K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,19505/240.12 miPriorwood Court, Anniesland, Glasgow3
£2,75004/240.39 miTraining Drive, Glasgow, G133
£2,20005/240.4 miNormal Avenue, Flat 2/1, Jordanhill, Glasgow, G13 1FJ3
£2,50004/240.46 miNormal Avenue, Flat 3/2, Jordanhill, Glasgow, G13 1FJ3
£1,10004/240.5 miSouthbrae Drive, Glasgow3
£1,35004/240.5 miSouthbrae Drive, Jordanhill, Glasgow, G13 1TT3
£1,55004/240.5 miSouthbrae Drive , Jordanhill, Glasgow, G13 1TT3
£1,59503/250.52 mi-3
£95005/240.59 miDykebar Avenue, Knightswood, Glasgow, G133
£1,25005/240.6 miAnniesland Road, Flat 2/1, Anniesland, Glasgow, G13 1XB3
£1,25004/240.61 miGreat Western Road, Anniesland, Glasgow, G133
£1,10011/240.62 mi-3
£1,17004/240.62 mi-3
£1,22503/240.62 mi-3
£1,17502/250.62 mi-3
£1,85004/240.62 miAnniesland Road, Glasgow, G133

Local Area Statistics

 

 

Rental demand

Landlord's market

Rental growth (12m)

-2%

Sales demand

Seller's market

Capital growth (5yrs)

+28%

Property History

Listed for £132,500

March 5, 2025

Floor Plans

Description

Wright & Crawford welcome to the market this 3 bedroomed lower cottage flat which offers a superb opportunity for a variety of buyers and enjoys a quiet residential setting within the Anniesland area, just a short walk from a host of local amenities.
The accommodation on offer comprises a bright bay windowed bedroom, lounge leading into the kitchen, which is fitted with a selection of wall and base units, access to the gardens. There are 2 additional bedrooms of good proportion. A family shower room.
The property internally benefits from gas central heating and double glazing. A degree of modernisation is required. Externally there are gardens to the front with a communal and private garden to the rear.

Council Tax C EPC Band C Factored Property

Agent Details

Wright & Crawford Solicitors, Paisley

01403 912676

Next Steps?

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