4 Bed Bungalow, Refurb/BRRR, Glasgow, G61 3JD, £365,000

8 Heather Avenue, Bearsden, Glasgow, G61 3JD - a month ago

Refurb/BRRR
ROI: 4%
~129 m²
+19 photos

ValuationFair Value

Sold Prices£262.8K - £1.1M

 

 

Square Metres

~129.26 m²

Value Estimate

£359,115

 

 

End Value (After Refurb)

£245,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£91,250

Stamp Duty & Legal Fees

£25,200

Refurb Costs

£50,100

Bridging Loan Interest

£9,581

Total Cash In

£177,882

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£245,000

Mortgage (After Refinance)

£183,750

Mortgage LTV

75%

Cash Left In

£177,882

Equity

£61,250

Rent Range

£1,100 - £2,595

Rent Estimate

£1,668

Running Costs/mo

£1,119

Cashflow/mo

£549

Cashflow/yr

£6,585

ROI

4%

Gross Yield

5%

Local Sold Prices

46 sold prices from £262.8K to £1.1M, average is £471.1K.

PriceDateDistanceAddressBeds 
£607K05/240.28 mi1, Muirhouse Park, Bearsden, Glasgow, Dunbartonshire G61 4PZ4
£430K05/240.28 mi25, St. Andrews Drive, Bearsden, Glasgow, Dunbartonshire G61 4NW4
£440K03/210.28 mi59, St. Andrews Drive, Bearsden, Glasgow, Dunbartonshire G61 4NW4
£475K12/210.31 mi27, Campsie Drive, Bearsden, Glasgow, Dunbartonshire G61 3HY4
£479K05/240.34 mi4, Airlie Avenue, Bearsden, Glasgow, Dunbartonshire G61 3LS4
£345K03/210.4 mi17, Auchineden Court, Bearsden, Glasgow, Dumbarton G61 4NN4
£416K10/210.41 mi112, Prestonfield, Milngavie, Glasgow, Dunbartonshire G62 7PZ4
£500K07/210.44 mi71, Montrose Drive, Bearsden, Glasgow, Dunbartonshire G61 3LF4
£450K09/210.44 mi19, Lovat Avenue, Bearsden, Glasgow, Dunbartonshire G61 3LQ4
£437.5K04/240.44 mi160, Prestonfield, Milngavie, Glasgow, Dunbartonshire G62 7QA4
£544.5K06/210.44 mi10, Cromarty Crescent, Bearsden, Glasgow, Dunbartonshire G61 3LU4
£460K02/210.46 mi16, Mar Drive, Bearsden G61 3LY4
£612.3K08/210.5 mi32, North Grange Road, Bearsden, Glasgow, Dmb G61 3AF4
£580K02/210.5 mi17, Cauldstream Place, Milngavie, Glasgow, Dmb G62 7NL4
£618.5K04/240.52 mi32, Gartconnell Road, Bearsden, Glasgow, Dunbartonshire G61 3BP4
£467.3K08/210.52 mi27, Ettrick Drive, Bearsden, Glasgow, Dumbarton G61 4RB4
£550K02/210.53 mi46, Moorfoot Way, Bearsden, Glasgow, Dmb G61 4RL4
£386.1K03/210.55 mi82, Galbraith Drive, Milngavie, Glasgow, Dunbartonshire G62 6NE4
£315K02/240.58 mi49, Craigdhu Road, Milngavie, Glasgow, Dunbartonshire G62 7TP4
£375K04/240.59 mi7, Drumcarn Drive, Milngavie, Glasgow, Dunbartonshire G62 6DZ4
£632.5K05/210.59 mi83, Drymen Road, Bearsden, Glasgow, Dumbarton G61 3RP4
£491K08/210.59 mi57, Braehead Avenue, Milngavie, Glasgow, Dunbartonshire G62 6DU4
£324.6K06/210.59 mi67, Braehead Avenue, Milngavie, Glasgow, Dunbartonshire G62 6DU4
£425K10/210.65 mi24, Shaw Road, Milngavie, Glasgow, Dunbartonshire G62 6LX4
£450K04/210.65 mi81, South Mains Road, Milngavie, Glasgow, Dunbartonshire G62 6DE4
£450K09/210.67 mi88, Dumbrock Road, Milngavie, Glasgow, Dumbarton G62 7RB4
£406K09/210.69 mi42, Braehead Avenue, Milngavie, Glasgow, Dunbartonshire G62 6DP4
£687K12/210.69 mi44, Braehead Avenue, Milngavie, Glasgow, Dunbartonshire G62 6DP4
£518K02/210.69 mi22, Russell Drive, Bearsden, Glasgow, Dmb G61 3BD4
£512K05/240.71 mi24, Kilmardinny Grove, Bearsden, Glasgow, Dunbartonshire G61 3NY4
£1.1M11/210.74 mi17, South Erskine Park, Bearsden, Glasgow, Dunbartonshire G61 4NA4
£450K04/240.78 mi11, Nasmyth Avenue, Bearsden, Glasgow, Dunbartonshire G61 4SQ4
£650K04/240.78 mi6, Ballaig Avenue, Bearsden, Glasgow, Dunbartonshire G61 4HA4
£262.8K09/210.79 mi51, Carbeth Road, Milngavie, Glasgow, Dumbarton G62 7AY4
£455K07/210.8 mi12, Beech Avenue, Bearsden, Glasgow, Dunbartonshire G61 3EX4
£300.3K12/210.8 mi89, Iain Road, Bearsden, Glasgow, Dumbarton G61 4JA4
£570.8K11/210.83 mi6, Westbourne Crescent, Bearsden, Glasgow, Dunbartonshire G61 4HD4
£810K08/210.83 mi14, Colquhoun Drive, Bearsden, Glasgow, Dunbartonshire G61 4NQ4
£950K05/240.83 mi34, Colquhoun Drive, Bearsden, Glasgow, Dunbartonshire G61 4NQ4
£585.6K05/240.84 mi44, Westbourne Crescent, Bearsden, Glasgow, Dunbartonshire G61 4HE4
£841.5K07/210.88 mi11, Friston, Upper Glenburn Road, Bearsden G61 4BW4
£552K01/210.89 mi10, Duncolm Place, Milngavie, Glasgow, Dmb G62 7RF4
£422.5K03/210.89 mi19, Burnbrae Avenue, Bearsden, Glasgow, Dumbarton G61 3ER4
£750K03/210.9 mi33, Manse Road, Bearsden, Glasgow, Dunbartonshire G61 3PW4
£422K08/210.92 mi257, Milngavie Road, Bearsden G61 3DQ4
£270K12/210.97 mi2, Park Crescent, Bearsden, Glasgow, Dunbartonshire G61 4HL4

Local Rents

14 rents from £1.1K/mo to £2.6K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,90006/240.28 mi-3
£1,19512/240.28 miSt Andrews Drive , Bearsden, Glasgow, G61 4NW3
£1,90012/240.29 miDumgoyne Drive, Bearsden3
£1,40004/250.44 mi-4
£1,85012/240.45 miFintry Gardens, Bearsden, Glasgow, G61 4RJ4
£2,50010/240.45 mi-4
£2,50004/250.45 mi-4
£1,10006/240.51 mi-3
£1,70001/240.53 mi-3
£1,10012/240.56 mi-3
£1,15004/240.56 miCraigdhu Road, Milngavie, Glasgow, G623
£1,55012/240.6 miDalnair Place, Milngavie, Glasgow, G62 7RD4
£1,75004/240.61 miIain Road, Bearsden, Glasgow, G61 4PA4
£2,59504/240.61 miNorman Macleod Crescent, Bearsden, Glasgow, G615

Local Area Statistics

 

 

Rental growth (12m)

-18%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £365,000

March 6, 2025

Floor Plans

Description

  • An exceptionally spacious and well laid out 4 bedroom detached family home requiring modernisation. In an excellent location in Mosshead close by to the park +

An exceptionally spacious and well laid out detached family home requiring modernisation. In an excellent location in Mosshead close by to the park and to some of East Dunbartonshire's most sought after schooling. The property benefits from double glazing and gas central heating and has a flexible layout, perfect for modern family life.
Internally the accommodation extends to welcoming reception hallway, living room, family room, dining kitchen , utility with access to the garage, four double bedrooms ( bedroom 4 on the ground floor and two shower rooms. This is a great family home in a fantastic location in Bearsden. The property has a driveway to the front and leading to a garage at the side and offers a generous, well stocked, mature garden area.

Agent Details

Slater Hogg & Howison, Bearsden, Glasgow

0141 673 5248

Next Steps?

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