2 Bed Flat, Single Let, Glasgow, G41 1QH, £150,000

123 Barrland Street, Glasgow, G41 - 16 days ago

BTL

ROI: 8%

~68 m²

+19 photos

ValuationOvervalued

Sold Prices	£96K - £339.2K

Square Metres	~68.11 m²
Value Estimate	£106,750£106,750

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£37,500£37,500
Stamp Duty & Legal Fees	£8,700£8,700
Total Cash In	£46,200£46,200

Cash Out
Rent Range	£801 - £2,400£801 - £2,400
Rent Estimate	£995
Running Costs/mo	£688£688
Cashflow/mo	£307£307
Cashflow/yr	£3,687£3,687
ROI	8%8%
Gross Yield	8%8%

Local Sold Prices

22 sold prices from £96K to £339.2K, average is £153.6K.

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£105.5K	06/21	0.13 mi	91, Barrland Street, Glasgow G41 1RH	-	-	2	Flat
£106K	04/21	0.36 mi	7, Robson Grove, Glasgow G42 7PN	-	-	2	Flat
£175K	03/21	0.55 mi	183, Queens Drive, Glasgow G42 8QD	-	-	2	Flat
£150K	12/21	0.57 mi	29, Cook Street, Glasgow G5 8JN	-	-	2	Flat
£155K	10/21	0.57 mi	81, Cook Street, Glasgow G5 8JN	-	-	2	Flat
£200K	08/21	0.61 mi	120a, Queens Drive, Glasgow G42 8QN	-	-	2	Flat
£330K	12/21	0.61 mi	41, Queen Square, Glasgow G41 2BD	-	-	2	Flat
£96K	12/21	0.65 mi	21, 2/7, Hallside Place, Glasgow G5 0SZ	-	-	2	Flat
£339.2K	04/21	0.67 mi	22, Darnley Road, Glasgow G41 4NB	-	-	2	Flat
£135K	12/21	0.68 mi	400, Calder Street, Glasgow G42 7NS	-	-	2	Flat
£155K	09/21	0.72 mi	32, 1/1, Queen Elizabeth Gardens, Glasgow G5 0UE	-	-	2	Flat
£105K	02/21	0.73 mi	471, Allison Street, Glasgow, Gla G42 8SZ	-	-	2	Flat
£107.5K	10/21	0.73 mi	240, 5/4, Wallace Street, Glasgow G5 8AU	-	-	2	Flat
£107.5K	10/21	0.73 mi	240, 5/4, Wallace Street, Glasgow G5 8AU	-	-	2	Flat
£112K	02/24	0.74 mi	5/4, 240, Wallace Street, Glasgow G5 8AU	-	-	2	Flat
£155K	06/21	0.75 mi	37, 0/3, Queen Elizabeth Gardens, Glasgow G5 0UH	-	-	2	Flat
£152.3K	02/21	0.76 mi	399, Cumberland Street, Glasgow, Gla G5 0UH	-	-	2	Flat
£158.3K	06/21	0.78 mi	2 2/3, St Francis Rigg, Glasgow G5 0UF	-	-	2	Flat
£160.1K	12/21	0.78 mi	8, 1/1, St. Francis Rigg, Glasgow G5 0UF	-	-	2	Flat
£160K	05/21	0.82 mi	270, Old Rutherglen Road, Glasgow G5 0UJ	-	-	2	Flat
£100K	03/21	0.89 mi	7, Nutberry Court, Glasgow G42 8BB	-	-	2	Flat
£190K	07/21	0.99 mi	308, 5/1, Clyde Street, Glasgow G1 4NP	-	-	2	Flat

Local Rents

51 rents from £801/mo to £2.4K/mo, average is £1.1K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,100	04/24	0 mi	Barrland Street, Pollokshields, G41 1QH	2	Flat
£975	04/24	0 mi	Barrland Street, Glasgow, G41 1QH	2	Flat
£801	09/19	0.02 mi	76 Barrland Street, Glasgow, G41	2	Flat
£950	04/24	0.04 mi	Pollokshaws Road, Pollokshields, Glasgow, G41	2	Flat
£1,200	12/24	0.05 mi	Maxwell Road, Pollockshields, Glasgow, G41	2	Flat
£1,195	05/24	0.06 mi	Barrland Street, Glasgow	2	Flat
£1,200	02/24	0.06 mi	-	2	Flat
£1,250	01/25	0.06 mi	-	2	Flat
£1,295	02/25	0.06 mi	-	2	Flat
£1,200	05/24	0.06 mi	Barrland Street, Pollokshaws, Glasgow, G41	2	Flat
£1,600	04/24	0.07 mi	-	2	Flat
£1,200	04/24	0.09 mi	Muirhouse Street, Pollokshields, G41 1QD	2	Flat
£1,200	05/24	0.09 mi	Muirhouse Street, Pollokshields, G41 1QD	2	Flat
£1,400	02/25	0.1 mi	-	2	Flat
£1,300	05/24	0.11 mi	-	2	Flat
£1,600	01/24	0.13 mi	-	2	Flat
£1,250	01/24	0.13 mi	-	2	Flat
£1,250	02/24	0.13 mi	-	2	Flat
£1,350	04/24	0.13 mi	-	2	Flat
£1,300	02/24	0.13 mi	-	2	Flat
£950	05/24	0.17 mi	-	2	Flat
£1,395	12/24	0.17 mi	-	2	Flat
£1,050	04/24	0.17 mi	Coplaw Street, Govanhill, Glasgow, G42	2	Flat
£1,000	02/24	0.21 mi	-	2	Flat
£1,000	04/24	0.21 mi	-	2	Flat
£1,000	04/24	0.21 mi	Ascog Street, Glasgow, G42	2	Flat
£1,350	03/25	0.27 mi	-	2	Flat
£1,095	04/24	0.28 mi	Ardbeg Street, Glasgow, G42	2	Flat
£950	04/24	0.28 mi	Ardbeg Street, Glasgow, G42	2	Flat
£1,350	12/24	0.28 mi	-	2	Flat
£2,400	12/24	0.29 mi	-	2	Flat
£950	05/24	0.32 mi	-	2	Flat
£1,000	11/24	0.33 mi	-	2	Flat
£1,300	02/25	0.33 mi	-	2	Flat
£1,100	05/24	0.41 mi	-	2	Flat
£1,100	05/24	0.41 mi	Allison Street, Glasgow, G42	2	Flat
£1,150	03/25	0.41 mi	-	2	Flat
£1,100	04/24	0.41 mi	Kenmure Street, Pollockshields, Glasgow, G41	2	Flat
£1,200	04/24	0.43 mi	-	2	Flat
£995	04/24	0.44 mi	Malta Terrace, New Gorbals, Glasgow, G5	2	Flat
£1,000	04/24	0.44 mi	Malta Terrace, Glasgow, Lanarkshire, G5	2	Flat
£1,000	04/24	0.44 mi	Malta Terrace, Glasgow	2	Flat
£995	02/24	0.44 mi	-	2	Flat
£995	05/24	0.45 mi	St Andrews Road, Glasgow	2	Flat
£1,200	04/24	0.46 mi	50 Pollokshaws Road Glasgow, G41 1PY	2	Flat
£1,200	04/24	0.46 mi	50 Pollokshaws Road Glasgow, G41 1PY	2	Flat
£1,200	04/24	0.46 mi	50 Pollokshaws Road Glasgow, G41 1PY	2	Flat
£1,000	05/24	0.47 mi	Westmoreland Street, Glasgow	2	Flat
£1,100	12/23	0.47 mi	-	2	Flat
£975	04/24	0.47 mi	-	2	Flat
£1,050	04/24	0.48 mi	Prince Edward Street, Govanhill	2	Flat

Local Area Statistics


Rental demand	Landlord's marketLandlord's market
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+44%+44%

Property History

Listed for £150,000

March 17, 2025

Description

Buy-to-Let Opportunity +
Long Term Tenant Currently Situated +
Likely to attract enquiries from Serious Investors & Developers +
Spacious room +
Large Kitchen +
INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack) +

Our latest listing is a 2 bedroom flat located in Glasgow. It is in close proximity to valuable amenities, is able to generate rewarding rental returns and has a tenant currently situated.

For investors looking to expand their portfolio, this is a fantastic opportunity!

This well-kept home features 2 bedrooms, lounge, kitchen and bathroom.

Investment details

It currently produces an annual gross income of £11,940 which could be increased by the new owner to a market rate of £12,360 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested, please call us.

Tenancy Details

The current tenants have lived in the property for several years and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.

Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.

Agent Details

Let Property Sales & Management, Glasgow

0141 673 7973

Next Steps?

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

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