3 Bed Terraced House, Refurb/BRRR, Glasgow, G73 5HY, £95,000

311 Lochaber Drive, Glasgow, G73 5HY - 2 views - 16 days ago

Refurb/BRRR
ROI: 8%
~93 m²
+14 photos

ValuationOvervalued

Sold Prices£65K - £415K

 

 

Square Metres

~93 m²

Value Estimate

£92,000

 

 

End Value (After Refurb)

£78,375

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£23,750

Stamp Duty & Legal Fees

£5,950

Refurb Costs

£36,047

Bridging Loan Interest

£2,494

Total Cash In

£69,991

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£78,375

Mortgage (After Refinance)

£58,781

Mortgage LTV

75%

Cash Left In

£69,991

Equity

£19,594

Rent Range

£595 - £1,700

Rent Estimate

£904

Running Costs/mo

£446

Cashflow/mo

£458

Cashflow/yr

£5,499

ROI

8%

Gross Yield

11%

Local Sold Prices

29 sold prices from £65K to £415K, average is £220K.

PriceDateDistanceAddressBeds 
£275.1K09/210.21 mi189, Blairbeth Road, Rutherglen, Glasgow, Lanarkshire G73 5DJ3
£333K03/210.25 mi23, Kincath Avenue, Rutherglen, Glasgow, Lanarkshire G73 4RP3
£162.5K09/210.27 mi31, Martyn Grove, Cambuslang, Glasgow, Lanarkshire G72 8FN3
£220K08/210.32 mi14, Fishescoates Avenue, Rutherglen, Glasgow, Lanarkshire G73 5DZ3
£240K07/210.34 mi2, Islay Avenue, Rutherglen, Glasgow, Lanarkshire G73 5NH3
£260K02/210.38 mi210, Brownside Road, Rutherglen, Glasgow G73 5BE3
£269.3K08/210.39 mi44, East Kilbride Road, Rutherglen, Glasgow, Lanarkshire G73 5EB3
£165K05/210.46 mi224, Trossachs Road, Rutherglen, Glasgow, Lanarkshire G73 5PQ3
£210K03/210.49 mi22, Manor Way, Rutherglen, Glasgow, Lanarkshire G73 4EP3
£202K08/210.52 mi17, Larchfield Drive, Rutherglen, Glasgow, Lanarkshire G73 4HA3
£65K07/210.55 mi1, Ryan Way, Fernhill Burnside, Rutherglen G73 4AQ3
£220K03/210.58 mi43, Grenville Drive, Cambuslang, Glasgow, Lanarkshire G72 8DW3
£205K05/210.59 mi29, Scalloway Lane, Cambuslang, Glasgow, Lanarkshire G72 8HN3
£312K12/210.64 mi26, Stirling Drive, Rutherglen, Glasgow, Lanarkshire G73 4JH3
£290K03/210.68 mi21, Greystone Avenue, Rutherglen, Glasgow, Lanarkshire G73 3SN3
£195.1K12/210.71 mi94, Lochmaben Crescent, Cambuslang, Glasgow, Lanarkshire G72 8ZA3
£138.5K09/210.72 mi78, Woodend Road, Rutherglen, Glasgow, Lanarkshire G73 4DY3
£120K11/210.72 mi98, Woodend Road, Rutherglen, Glasgow, Lanarkshire G73 4DY3
£226.1K08/210.73 mi231, Stonelaw Road, Rutherglen, Glasgow, Lanarkshire G73 3RJ3
£78K02/210.75 mi72, Castlefern Road, Rutherglen, Glasgow, Lan G73 4AU3
£180K08/210.77 mi3, Library Gardens, Cambuslang, Glasgow, Lanark G72 8AL3
£415K07/210.8 mi13, Albert Drive, Rutherglen, Glasgow, Lanarkshire G73 3RT3
£340K04/210.8 mi2, Buchanan Drive, Rutherglen, Glasgow, Lanarkshire G73 3PE3
£157K10/210.82 mi43, Buckingham Drive, Rutherglen, Glasgow, Lan G73 3NH3
£106K12/210.83 mi5, Laurieston Way, Rutherglen, Glasgow, Lanark G73 4DZ3
£200K11/210.87 mi91, Limeside Avenue, Rutherglen, Glasgow, Lanarkshire G73 3TU3
£245K03/210.9 mi152, Stonelaw Road, Rutherglen, Glasgow, Lanark G73 3PB3
£330K07/210.93 mi27, Stonelaw Drive, Rutherglen, Glasgow, Lanarkshire G73 3PA3
£356.1K07/210.98 mi7, Burncleuch Avenue, Cambuslang, Glasgow, Lanarkshire G72 8NU3

Local Rents

50 rents from £595/mo to £1.7K/mo, average is £800/mo.

RentDateDistanceAddressBeds 
£75004/240.04 miRoss Place, Sprinhall2
£77511/230.06 mi-2
£67501/240.1 mi-1
£70010/230.17 mi-2
£72502/240.18 mi-1
£1,35012/240.28 mi-3
£1,35012/240.28 miMcgahey Drive, Cambuslang, Glasgow, G723
£1,59512/240.33 mi-2
£1,59512/240.33 miArthur Walk, Cambuslang, Glasgow, G722
£77504/240.35 miFishescoates Gardens, Glasgow, G732
£75012/240.36 mi-2
£1,20010/230.39 miCuillins Road, Cathkin, Glasgow3
£64903/240.41 mi-2
£65001/240.44 mi-2
£75004/250.5 mi-2
£87510/240.5 mi-3
£71104/240.52 miDukes Road, Glasgow, G732
£99504/240.55 miMenteith Place, Rutherglen2
£1,18502/240.57 mi-2
£1,20005/240.57 mi-2
£89505/240.68 miHighburgh Drive, Burnside, G73 3RZ2
£85004/250.74 mi-3
£1,70004/240.74 miDouglas Gate, Cambuslang4
£89503/250.8 mi-2
£77512/240.81 mi-3
£79503/250.81 mi-2
£89501/240.83 mi-2
£80004/240.84 mi-2
£85012/240.85 mi-2
£77504/240.86 miSilverbanks Court, Glasgow2
£75001/240.86 mi-2
£75012/240.86 mi-2
£85005/240.9 miTormusk Gardens, Glasgow2
£67504/240.94 miMain Street, Cambuslang, G722
£69002/250.96 mi-2
£67502/240.99 mi-2
£67504/240.99 mi-2
£67504/240.99 miScarrel Drive, Glasgow, G452
£95003/250.99 mi-2
£75003/251 mi-2
£80012/241 miBogleshole Road, Cambuslang2
£85012/241.01 mi-2
£82504/241.02 miMain Street, Cambuslang2
£1,60003/251.03 mi-3
£59512/241.03 mi-1
£80004/241.04 mi-2
£82503/251.04 mi-2
£1,00001/241.04 mi-2
£1,05004/241.05 miTormusk Road, Fernhill, Glasgow2
£1,10012/241.1 mi-3

Local Area Statistics

 

 

Rental growth (12m)

+8%

Sales demand

Seller's market

Capital growth (5yrs)

+5%

Property History

Listed for £95,000

March 27, 2025

Floor Plans

Description

  • End terrace villa with great potential +
  • Degree of upgrading needed +
  • Fantastic first-time buy opportunity +
  • Spacious front facing lounge +
  • Dining size kitchen with under-stairs pantry cupboard +
  • Three sizeable upstairs bedrooms +
  • Modern three-piece wet room +
  • Well-tended front and rear gardens +
  • Double glazing, electric heating, on street parking +
  • Council tax band - C +

Positioned on the periphery of Springhall, is this spacious end-terrace villa in need of some upgrading. With three well-proportioned bedrooms, generous garden, and location adjacent to the local primary school, the property offers a great opportunity for a first-time buyer or family.

The accommodation comprises; large front facing lounge, dining size kitchen with under-stairs pantry cupboard, and access to rear garden, three generous bedrooms on the upper level, and modern three-piece shower/wet room.

The property further benefits from double glazing, electric heating, and sizeable front and rear gardens. The front garden is well-tended and mainly laid to lawn, the rear is slabbed for easy maintenance and has a storage shed.

Agent Details

Cruive Estate Agents, Strathaven

01350 690133

Next Steps?

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