2 Bed Flat, Single Let, Glasgow, G62 8BY, £135,000

Station Road, Glasgow, G62 8BY - a month ago

Sold STC
BTL
ROI: 10%
~62 m²
+10 photos

ValuationFair Value

Sold Prices£131.1K - £360K

 

 

Square Metres

~61.90 m²

Value Estimate

£133,441

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£33,750

Stamp Duty & Legal Fees

£8,150

Total Cash In

£41,900

 

 

Cash Out

 

Rent Range

£800 - £1,325

Rent Estimate

£995

Running Costs/mo

£641

Cashflow/mo

£354

Cashflow/yr

£4,250

ROI

10%

Gross Yield

9%

Local Sold Prices

37 sold prices from £131.1K to £360K, average is £175K.

PriceDateDistanceAddressBeds 
£138K06/210.03 mi4a, Glasgow Road, Milngavie, Glasgow, Dumbarton G62 6AN2
£275K03/240.13 mi21a, Strathblane Road, Milngavie, Glasgow, Dmb G62 8DL2
£300K08/210.32 mi53, Ellangowan Court, Milngavie, Glasgow, Dunbartonshire G62 8PP2
£180.3K04/210.33 mi8 2, Sinclair Street, Milngavie, Glasgow, Dunbartonshire G62 8PF2
£135K09/210.33 mi8/4, Sinclair Street, Milngavie, Glasgow, Dunbartonshire G62 8PF2
£337K11/210.34 mi38, Ellangowan Court, Milngavie, Glasgow G62 8PP2
£132K10/210.36 mi2, Allander Road, Milngavie, Glasgow, Dunbartonshire G62 8PN2
£150K11/210.36 mi14, Allander Road, Milngavie G62 8PN2
£168.5K02/240.36 mi8, Keystone Avenue, Milngavie, Glasgow, Dunbartonshire G62 6HZ2
£131.1K05/210.37 mi56, Park Avenue, Milngavie, Glasgow, Dumbarton G62 6QR2
£162.5K08/210.38 mi36/3, Woodlands Street, Milngavie, Glasgow, Dunbartonshire G62 8PL2
£165K09/210.39 mi7b, Keystone Road, Milngavie, Glasgow G62 6JF2
£147.5K08/210.4 mi65, Main Street, Milngavie, Glasgow, Dunbartonshire G62 6JE2
£175K12/210.41 mi11/4, Iddesleigh Avenue, Milngavie, Glasgow, Dunbartonshire G62 8NT2
£162K02/210.43 mi19, Ferguson Avenue, Milngavie, Glasgow, Dumbarton G62 7TF2
£360K11/210.96 mi23, Craigton Road, Milngavie, Glasgow, Dunbartonshire G62 7JH2
£168K11/211.09 mi56, Castle Mains Road, Milngavie, Glasgow, Dunbartonshire G62 7QB2
£166.5K02/241.09 mi48, Castle Mains Road, Milngavie, Glasgow, Dunbartonshire G62 7QB2
£148K03/211.09 mi100, Castle Mains Road, Milngavie, Glasgow, Dunbartonshire G62 7QB2
£350K11/211.49 miThe Cottage, The Stables, Milngavie, Glasgow, Stirlingshire G62 8LQ2
£170K11/211.49 mi16, Schaw Drive, Bearsden, Glasgow, Dunbartonshire G61 3AT2
£170K08/211.5 mi27, Schaw Drive, Bearsden, Glasgow, Dunbartonshire G61 3AT2
£242.3K05/241.5 mi53, Schaw Drive, Bearsden, Glasgow, Dunbartonshire G61 3AT2
£200K09/211.5 mi8, Schaw Drive, Bearsden, Glasgow, Dumbarton G61 3AT2
£191K04/241.5 mi55, Schaw Drive, Bearsden, Glasgow, Dunbartonshire G61 3AT2
£220K04/241.51 mi27, Birch View, Bearsden, Glasgow, Dunbartonshire G61 2BT2
£175K05/211.52 mi14, 1/1, Peters Gate, Bearsden, Glasgow, Dunbartonshire G61 3RY2
£325K04/241.64 mi7, Roman Court, Bearsden, Glasgow, Dunbartonshire G61 2NW2
£195K06/211.74 mi8, Burnside Court, Bearsden, Glasgow, Dunbartonshire G61 4QD2
£200K05/241.75 mi26, College Gate, Bearsden, Glasgow, Dunbartonshire G61 4GG2
£170K11/211.75 mi15, College Gate, Bearsden, Glasgow, Dunbartonshire G61 4GG2
£197.1K05/241.75 mi5, College Gate, Bearsden, Glasgow, Dunbartonshire G61 4GG2
£200K09/211.77 mi27, Burnside Court, Bearsden, Glasgow, Dunbartonshire G61 4QD2
£135K10/211.78 mi11, Whitehurst, Bearsden, Glasgow, Dumbarton G61 4PE2
£324K08/211.98 mi40, St. Germains, Bearsden, Glasgow, Dmb G61 2RS2
£335K12/211.98 mi64, St. Germains, Bearsden, Glasgow, Dunbartonshire G61 2RS2
£295K03/211.98 mi41, St. Germains, Bearsden, Glasgow, Dmb G61 2RS2

Local Rents

19 rents from £800/mo to £1.3K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,20012/240.17 mi-2
£1,20004/240.21 miStrathblane Road, 0/1, Millngavie, Glasgow, G62 8DQ2
£99504/240.26 miMain Street, Milngavie, Glasgow2
£99504/240.26 miMain Street, Milngavie, Glasgow, East Dunbartonshire2
£1,32504/240.37 miMugdock Road, Milngavie, Glasgow, East Dunbartonshire, G622
£1,20004/250.4 mi-2
£1,28012/240.43 miFlat 1/2 74 Clober Road, Milngavie, G622
£1,15003/250.47 mi-2
£1,10012/240.64 mi-2
£1,30012/240.65 mi-2
£1,15001/250.65 mi-2
£1,15002/250.65 mi-2
£1,15002/250.65 mi-2
£1,17512/240.73 mi-2
£1,09503/250.92 mi-2
£1,09504/240.92 miMilngavie, Milngavie, Glasgow, G622
£1,20006/241.14 mi-2
£80003/251.21 mi-2
£93503/251.22 mi-2

Local Area Statistics

 

 

Rental growth (12m)

+13%

Sales demand

Seller's market

Capital growth (5yrs)

+30%

Property History

Listed for £135,000

March 7, 2025

Floor Plans

Description

  • Top/Second Floor Flat +
  • Two Bedrooms +
  • Double Glazing +
  • Balcony +
  • Electric Central Heating +
  • Off Street Parking +
  • Allamenities Are Close-By +
  • All Transport Links Are Close-By +

The Property
Well presented top/second floor, two bedroomed flat with private balcony, which benefits from Southerly aspects and has views over the bowling green diagonally opposite and is located close to the train station.

Tastefully presented throughout this appealing flat enjoys a prime location on the corner of Station Road and Glasgow Road which is convenient to the centre of Milngavie and its many amenities including Marks and Spencers as well as a Tesco supermarket. Suited to a wide range of buyers, including investors looking for a good buy-to-let investment, this flat must be viewed for a full appreciation of the location and accommodation. The thoughtfully planned internal layout comprises: entrance hall with 4 built-in cupboards and door intercom entry system, good sized lounge with French door to balcony, fitted kitchen, two well-proportioned bedrooms and bathroom with three piece suite complemented by tiled walls. This appealing flat is further enhanced by electric central heating, double glazed windows, separate drying area, communal parking for residents and visitors and communal grounds.

Victoria Place is a cul-de-sac setting and is extremely convenient to the amenities in the centre of the village as well as the train station where there is a regular service to Glasgow and other destinations. A main bus route also passes on Glasgow Road and the city centre is just over eight miles away by road.

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Glasgow

020 3910 6765

Next Steps?

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