3 Bed Detached House, Refurb/BRRR, Glasgow, G72 9AT, £180,000

Merrylees Road, Blantyre, G72 9AT - 2 views - 11 days ago

Refurb/BRRR
ROI: 4%
~93 m²
+11 photos

ValuationOvervalued

Sold Prices£42K - £410.8K

 

 

Square Metres

~93 m²

Value Estimate

£153,000

 

 

End Value (After Refurb)

£130,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£10,200

Refurb Costs

£36,221

Bridging Loan Interest

£4,725

Total Cash In

£97,896

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£130,000

Mortgage (After Refinance)

£97,500

Mortgage LTV

75%

Cash Left In

£97,896

Equity

£32,500

Rent Range

£495 - £4,000

Rent Estimate

£934

Running Costs/mo

£613

Cashflow/mo

£321

Cashflow/yr

£3,851

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £42K to £410.8K, average is £141.3K.

PriceDateDistanceAddressBeds 
£100K04/210.09 mi34, Ansdell Avenue, Blantyre, Glasgow, Lanarkshire G72 9YF3
£112K02/210.23 mi3, Hazelwood Drive, Blantyre, Glasgow, Lan G72 9PZ3
£91.5K04/210.24 mi127, Glenfruin Road, Blantyre, Glasgow, Lanarkshire G72 9RJ3
£115K03/210.34 mi55, Hardie Street, Blantyre, Glasgow, Lanarkshire G72 0DB3
£123K07/210.36 mi24, Moorfield Road, Blantyre, Glasgow, Lanarkshire G72 0RH3
£105.6K10/210.39 mi52, Park Lane, Blantyre, Glasgow, Lanarkshire G72 9AS3
£115K11/210.43 mi2, Yarrow Way, Blantyre, Glasgow, Lanarkshire G72 9AF3
£162.5K07/210.46 mi23, Greenhall Place, Blantyre, Glasgow, Lanarkshire G72 9TA3
£125K06/210.52 mi19, Lime Grove, Blantyre, Glasgow, Lanarkshire G72 9JN3
£185.1K11/210.67 mi24, Baird Gardens, Blantyre, Glasgow, Lanarkshire G72 0WT3
£107K05/210.7 mi34, Waverley Terrace, Blantyre, Glasgow, Lanarkshire G72 0HL3
£185K04/210.73 mi26, Craigmuir Road, Blantyre, Glasgow, Lanark G72 9UA3
£180K08/210.78 mi6, Montrose Gardens, Blantyre, Glasgow, Lanarkshire G72 9NN3
£191K06/210.78 mi12, Montrose Gardens, Blantyre, Glasgow, Lanarkshire G72 9NN3
£145K03/210.81 mi19, Balmoral Gardens, Blantyre, Glasgow, Lanarkshire G72 9NP3
£193K07/210.86 mi25, Tarbert Avenue, Blantyre, Glasgow, Lanarkshire G72 9PB3
£153K02/211.27 mi20, Andrew Paton Way, Hamilton, Lan ML3 0GB3
£374.8K12/211.29 mi24, Blairston Avenue, Bothwell, Glasgow, Lanarkshire G71 8SA3
£42K12/211.31 mi91, Fleming Way, Hamilton ML3 9QH3
£185.1K03/241.32 mi2, Whistleberry Wynd, Hamilton, Lan ML3 0SE3
£218K06/211.35 mi31, Elie Road, Glasgow, Lanarkshire G72 0GX3
£110K02/211.36 mi68, Whistleberry Crescent, Hamilton ML3 0PT3
£190.3K02/211.44 mi53, Magnolia Drive, Cambuslang, Glasgow, Lan G72 7NP3
£320K11/211.45 mi25a, Hamilton Road, Bothwell, Glasgow, Lan G71 8LZ3
£375K03/211.45 mi25, Hamilton Road, Bothwell, Glasgow, Lanarkshire G71 8LZ3
£76K03/211.47 mi20, Wellcroft Road, Hamilton, Lanarkshire ML3 9SG3
£118K04/211.47 mi18, Waverley Street, Hamilton, Lanarkshire ML3 9NE3
£157K03/211.48 mi1, Dalbeattie Drive, Blantyre, Glasgow, Lanarkshire G72 0WJ3
£170K06/211.49 mi51, Oak Wynd, Cambuslang, Glasgow, Lanarkshire G72 7GS3
£205K07/211.51 mi2, Baillie Drive, Bothwell, Glasgow, Lanarkshire G71 8QJ3
£137.6K02/211.51 mi21, Baillie Drive, Bothwell, Glasgow, Lanark G71 8QJ3
£97.5K06/211.54 mi23, Raeburn Crescent, Hamilton, Lanarkshire ML3 9QD3
£126K10/211.56 mi25, Gordon Terrace, Hamilton, Lanarkshire ML3 9LQ3
£196.4K05/211.58 mi15, Spruce Drive, Cambuslang, Glasgow, Lanarkshire G72 7FW3
£125.1K09/211.62 mi38, Blair Atholl Gardens, Hamilton ML3 9FF3
£219.6K04/211.65 mi92, Argyle Drive, Hamilton, Lanarkshire ML3 9EG3
£72K09/211.65 mi6, Hillhead Terrace, Hamilton, Lanarkshire ML3 9RZ3
£410.8K10/211.69 mi29, Laighlands Road, Bothwell, Glasgow, Lanark G71 8AL3
£110.5K01/211.71 mi51, Leys Park, Hamilton, Lanark ML3 9EQ3
£103.5K10/211.71 mi24, Hillhouse Crescent, Hamilton ML3 9TF3
£260K11/211.72 mi3, Shelley Drive, Bothwell, Glasgow, Lanarkshire G71 8TB3
£91.2K12/211.73 mi79, Clarkwell Road, Hamilton, Lanarkshire ML3 9RQ3
£130K08/211.83 mi22, Gourlay, East Kilbride, Glasgow, Lan G74 3PJ3
£190.1K03/241.85 mi22, Barnhill Drive, Hamilton, Lan ML3 9EZ3
£155K02/211.85 mi5, Farm Court, Fallside Road, Bothwell, Lan G71 8BU3
£162K03/241.86 mi15, Gilmour Drive, Hamilton, Lan ML3 9UQ3
£335K06/211.89 mi4, Reen Place, Bothwell, Glasgow, Lanarkshire G71 8HB3
£127K10/211.9 mi46, Kirriemuir, East Kilbride, Glasgow, Lanarkshire G74 3PP3
£126K11/211.93 mi30, Mannering, East Kilbride, Glasgow, Lanark G74 3PA3
£137.5K07/211.97 mi31, Lochlea, East Kilbride, Glasgow, Lanarkshire G74 3RX3

Local Rents

52 rents from £495/mo to £4K/mo, average is £780/mo.

RentDateDistanceAddressBeds 
£75010/230.13 mi-2
£75004/240.16 miMayberry Grange, Blantyre, G722
£78012/240.16 mi-2
£78012/240.16 miGlenfruin Road, Blantyre, Glasgow, G722
£78009/240.16 mi-2
£69512/240.19 miStraiton Place, Blantyre, South Lanarkshire, G72 9DH2
£55012/240.27 mi-1
£55012/240.3 miGlasgow Road, Glasgow, G721
£79512/240.32 mi-1
£87512/240.36 miMorris Crescent, Blantyre3
£72511/230.41 mi-2
£75001/250.41 mi-2
£59512/230.41 mi-1
£62009/240.43 mi-1
£62002/240.44 mi-1
£62003/250.44 mi-1
£1,40004/240.52 mi-1
£1,40004/240.52 mi-1
£85011/240.53 mi-4
£52512/240.53 miMuir Street, Blantyre Glasgow, G721
£70012/230.54 mi-2
£50012/240.58 miMain Street, Blantyre1
£99504/240.67 miBaird Gardens,Blantyre,Glasgow,G723
£85004/240.7 miWaverly Terrace, Blantyre3
£89503/240.75 mi-3
£79512/240.76 miKirkton Avenue, Blantyre, Glasgow, South Lanarkshire, G722
£1,29512/240.77 miMontrose Gardens, Glasgow, G723
£4,00012/240.82 miRoyal Gardens, Glasgow, G715
£49512/240.9 miBallantrae Road, Glasgow, G721
£89504/240.91 mi-3
£89504/240.91 mi-3
£87511/240.95 mi-2
£2,75004/240.95 miBarrie Avenue, Bothwell, Glasgow, G714
£79512/241.03 miClyde Avenue, Bothwell, Glasgow, G712
£65004/241.03 miClyde Avenue, Glasgow, G711
£78012/231.17 mi-2
£75012/241.17 miSilverwells Crescent, Glasgow, G711
£82504/241.18 miSilverwells Crescent, Bothwell, Glasgow1
£1,20006/241.18 miAnderson Street, Hamilton3
£69510/231.2 mi-2
£75004/251.2 mi-2
£1,20012/241.2 miSilvertrees Wynd, Bothwell2
£93010/241.21 mi-3
£59504/251.22 mi-3
£82502/251.22 mi-2
£1,49512/241.22 miDornoch Way, West Craigs, Blantyre, South Lanarkshire, G72 0GR4
£69505/241.24 miFleming Court, Hamilton2
£59503/241.29 miFleming Way, Hamilton, ML32
£65012/241.29 miGlasgow Road, Burnbank, Hamilton1
£55006/241.31 miUdston Road, Hamilton1
£80005/241.31 miWhistleberry Drive, Hamilton3
£1,65004/241.33 miThe Fairways, Glasgow, G712

Local Area Statistics

 

 

Rental growth (12m)

+4%

Sales demand

Seller's market

Capital growth (5yrs)

+29%

Property History

Listed for £180,000

March 28, 2025

Floor Plans

Description

  • Garden +
  • En-suite +
  • Full Double Glazing +
  • Oven/Hob +
  • Double Bedrooms +

Premier Properties are delighted to present to the market an extended family detached villa set within a residential cul-de-sac in a popular pocket of Blantyre.

This property does require a degree of modernisation which has been refelected in the sensible asking price, we strongly recommend early viewings to appreciate the full potential on offer. The accommodation offers a versatile layout of rooms formed over two levels and comprises entrance hall, spacious lounge, a fitted kitchen with an outer door providing access to the side, kitchen leads to a room which is currently being used as bedroom three which measures the full width of the house with an en-suite shower room, to the first floor there are two large double bedrooms and a shower room

Features of the property include gas central heating, double glazing, driveway with car port and gardens.

Amenities in the area include bus and train links, sports facilities, shopping, schooling and recreation. The M74 and M8 provides travel links throughout west and central Scotland including Glasgow and Edinburgh.

Property additional info

Lounge: 11' 11" x 13' 10" (3.63m x 4.22m)

Kitchen: 10' 11" x 16' 11" (3.33m x 5.16m)

Bedroom 3: 12' 10" x 17' 6" (3.91m x 5.33m)

En-suite shower room: 5' 8" x 9' 11" (1.73m x 3.02m)

Bedroom 1: 11' 1" x 13' 10" (3.38m x 4.22m)

Bedroom 2: 9' 3" x 17' 1" (2.82m x 5.21m)

Shower room: 6' 1" x 8' 3" (1.85m x 2.51m)

Roof type: Slate tiles.

Flooded in the last 5 years: No.

Construction materials used: Brick and block.

Water source: Direct mains water.

Electricity source: National Grid.

Sewerage arrangements: Standard UK domestic.

Heating Supply: Central heating (gas).

Does the property have required access (easements, servitudes, or wayleaves)?
Yes.

Do any public rights of way affect your your property or its grounds?
No.

Parking Availability: Yes.

Agent Details

Premier Properties, Uddingston

01698 756363

Next Steps?

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