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2 Bed Flat, Single Let, Glasgow, G72 7FJ, £120,000

10 Silverbanks Road, Glasgow, G72 7FJ. - a month ago

Sold STC
BTL
ROI: 5%
~68 m²
+5 photos

ValuationOvervalued

Sold Prices£40K - £220K

 

 

Square Metres

~68.11 m²

Value Estimate

£112,500

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£30,000

Stamp Duty & Legal Fees

£7,200

Total Cash In

£37,200

 

 

Cash Out

 

Rent Range

£649 - £1,595

Rent Estimate

£683

Running Costs/mo

£532

Cashflow/mo

£151

Cashflow/yr

£1,817

ROI

5%

Gross Yield

7%

Local Sold Prices

30 sold prices from £40K to £220K, average is £119K.

PriceDateDistanceAddressBeds 
£98.5K02/210.01 mi12, Silverbanks Road, Cambuslang, Glasgow, Lan G72 7FJ2
£110K07/210.02 mi42, Silverbanks Gait, Cambuslang, Glasgow G72 7FL2
£120K08/210.24 mi8, Whinfield Avenue, Cambuslang, Glasgow, Lanarkshire G72 7DH2
£210K10/210.53 mi57, Greystone Avenue, Rutherglen, Glasgow, Lanarkshire G73 3SW2
£95K05/210.65 mi6, Kirk Mews, Cambuslang, Glasgow, Lanarkshire G72 8HY2
£180K04/210.69 mi7c, Greystone Avenue, Rutherglen, Glasgow G73 3SN2
£96K04/210.69 mi21, Fishescoates Gardens, Burnside, Rutherglen G73 5NR2
£220K09/210.7 mi20, St. Ronans Drive, Rutherglen, Glasgow, Lanarkshire G73 3SP2
£145.5K09/210.71 mi155, Hamilton Road, Rutherglen, Glasgow, Lanarkshire G73 3BE2
£135K11/210.76 mi211, Blairbeth Road, Rutherglen, Glasgow, Lanark G73 5DN2
£200K10/210.76 mi28, Scioncroft Avenue, Rutherglen, Glasgow, Lan G73 3HS2
£62.5K08/210.81 mi28, Warriston Way, Rutherglen, Glasgow, Lanarkshire G73 5JB2
£190K11/210.81 mi82, Rosslyn Avenue, Rutherglen, Glasgow, Lanarkshire G73 3EY2
£142.5K05/210.82 mi5, Stewart Court, Rutherglen, Glasgow, Lanarkshire G73 3PP2
£58K08/210.83 mi26, Strathmore Gardens, Rutherglen, Glasgow, Lanarkshire G73 5JF2
£172K03/210.84 mi98, Dryburgh Avenue, Rutherglen, Glasgow, Lanarkshire G73 3ET2
£98K05/210.87 mi4a, Vicarland Place, Cambuslang, Glasgow, Lanarkshire G72 8QE2
£180K10/210.88 mi45, Snaefell Crescent, Rutherglen, Glasgow, Lanarkshire G73 5BY2
£177K02/210.89 mi86, Dryburgh Avenue, Rutherglen, Glasgow G73 3ES2
£40K05/210.9 mi89, Cruachan Road, Rutherglen, Glasgow, Lanarkshire G73 5HW2
£43K12/210.93 mi1 2/1, Vicarland Road, Cambuslang, Glasgow, Lanarkshire G72 8LJ2
£118K03/210.94 mi47, Croft Gardens, Cambuslang, Glasgow, Lanarkshire G72 8HQ2
£115K04/210.94 mi1, Croft Gardens, Cambuslang, Glasgow, Lanarkshire G72 8HQ2
£102K10/210.94 mi48, Gardenside Crescent, Glasgow, Lan G32 8DU2
£46K09/210.94 mi91a, Ross Place, Rutherglen, Glasgow, Lanarkshire G73 5HB2
£134K09/210.95 mi2, Peveril Court, Rutherglen, Glasgow, Lanarkshire G73 4RE2
£165K03/210.95 mi37, Dryburgh Avenue, Rutherglen, Glasgow, Lanarkshire G73 3EU2
£161.3K09/210.95 mi28, Croft Road, Cambuslang, Glasgow, Lanarkshire G72 8LB2
£55.5K05/210.96 mi55, Cruachan Road, Rutherglen, Glasgow, Lanarkshire G73 5HH2
£73K02/210.98 mi84, Western Road, Cambuslang, Glasgow, Lan G72 8EG2

Local Rents

43 rents from £649/mo to £1.6K/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£89501/240.01 mi-2
£85012/240.03 mi-2
£77504/240.04 miSilverbanks Court, Glasgow2
£89502/250.16 mi-2
£80012/240.3 miBogleshole Road, Cambuslang2
£67504/240.53 miMain Street, Cambuslang, G722
£85012/240.59 mi-2
£82504/240.62 miMain Street, Cambuslang2
£69002/250.65 mi-2
£77504/240.69 miFishescoates Gardens, Glasgow, G732
£75012/240.7 mi-2
£89504/250.71 mi-2
£71104/240.75 miDukes Road, Glasgow, G732
£1,59512/240.77 mi-2
£1,59512/240.77 miArthur Walk, Cambuslang, Glasgow, G722
£75012/240.79 miFreeneuk Lane, Cambuslang2
£75004/240.86 miRoss Place, Sprinhall2
£1,00001/240.88 mi-2
£77511/230.88 mi-2
£89505/240.9 miHighburgh Drive, Burnside, G73 3RZ2
£75004/250.92 mi-2
£1,18502/240.95 mi-2
£1,20005/240.95 mi-2
£72512/240.95 miCroft Road , Glasgow, G72 8LB2
£70010/230.96 mi-2
£69504/241.02 miCairns Road, Cambuslang, G722
£77512/241.03 mi-2
£77512/241.03 miCairns Road, Cambuslang, Glasgow, G722
£78012/231.04 mi-2
£85004/241.05 miWardlaw Drive, Rutherglen2
£85004/241.05 miWardlaw Drive , Rutherglen2
£95004/241.06 miMelrose Avenue, Rutherglen, G732
£95004/241.06 miMelrose Avenue, Rutherglen, Glasgow, G732
£92502/251.09 mi-2
£75004/241.12 miCambuslang Road, Rutherglen, Glasgow, G732
£72504/241.16 miFlat 1/2 283 King Street Rutherglen G73 1DQ2
£75004/241.17 miHugh Murray Grove, Cambuslang, Glasgow, G722
£64903/241.19 mi-2
£65001/241.2 mi-2
£94003/251.22 mi-2
£85001/251.23 mi-2
£89512/241.24 mi-2
£90004/251.24 mi-2

Links

Local Area Statistics

 

 

Rental growth (12m)

+4%

Sales demand

Seller's market

Capital growth (5yrs)

+29%

Property History

Listed for £120,000

March 13, 2025

Floor Plans

Description

  • 2 BED UPPER APARTMENT +
  • MODERN STYLE +
  • KINGS GAIT DEVELOPMENT +
  • DOUBLE GLAZING +
  • GAS CENTRAL HEATING +
  • RESIDENTS' PARKING +
  • CLOSE TO ALL AMENITIES +
  • SECURE DOOR ENTRY +
  • GOOD TRANSPORT LINKS +
  • GOOD RENTAL YIELD +

This spacious two bedroom upper floor apartment is situated in the popular Kings Gait development, Cambuslang. The property benefits from gas central heating, double glazing, secure door entry and ample residents' Parking. Easy access to a range of amenities including leisure centres and supermarkets. Excellent public transport links via main bus and rail links. This apartment is an ideal first time purchase, and also has a good rental yield.

Agent Details

Castlehead Properties, Paisley

0141 673 5795

Next Steps?

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

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