2 Bed Flat, Single Let, Glasgow, G33 2ES, £115,000

620 Cumbernauld Road, Dennistoun, G33 2ES, Glasgow - 1 views - 20 days ago

BTL

ROI: 11%

~68 m²

+6 photos

ValuationOvervalued

Sold Prices	£40K - £215.3K

Square Metres	~68.11 m²
Value Estimate	£110,500£110,500

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£28,750£28,750
Stamp Duty & Legal Fees	£6,950£6,950
Total Cash In	£35,700£35,700

Cash Out
Rent Range	£790 - £1,800£790 - £1,800
Rent Estimate	£891
Running Costs/mo	£558£558
Cashflow/mo	£333£333
Cashflow/yr	£4,001£4,001
ROI	11%11%
Gross Yield	9%9%

Local Sold Prices

32 sold prices from £40K to £215.3K, average is £93.7K.

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£120K	08/21	0.33 mi	43, Longford Street, Glasgow G33 2HQ	-	-	2	Flat
£110K	12/21	0.37 mi	99, Liberton Street, Glasgow G33 2HL	-	-	2	Flat
£92K	12/21	0.4 mi	112, Warriston Crescent, Carntyne, Glasgow G33 2JN	-	-	2	Flat
£92K	05/21	0.42 mi	64, Don Street, Glasgow G33 2BU	-	-	2	Flat
£111K	02/21	0.42 mi	136, Liberton Street, Glasgow, Gla G33 2HW	-	-	2	Flat
£87K	02/21	0.42 mi	138, Liberton Street, Glasgow G33 2HW	-	-	2	Flat
£75K	07/21	0.43 mi	212, Inverleith Street, Glasgow G32 6EP	-	-	2	Flat
£109K	05/21	0.45 mi	101, Brora Street, Glasgow G33 2DA	-	-	2	Flat
£100.5K	03/21	0.47 mi	40, Brora Street, Glasgow G33 2BZ	-	-	2	Flat
£92.2K	06/21	0.47 mi	48, Brora Street, Glasgow G33 2BZ	-	-	2	Flat
£80K	06/21	0.5 mi	236, Rigby Street, Glasgow G32 6DG	-	-	2	Flat
£80K	06/21	0.5 mi	236, Rigby Street, Glasgow G32 6DG	-	-	2	Flat
£95.5K	03/21	0.51 mi	236, Liberton Street, Glasgow G33 2HP	-	-	2	Flat
£91.5K	04/21	0.51 mi	210, Liberton Street, Glasgow G33 2HP	-	-	2	Flat
£132K	02/24	0.53 mi	287, Liberton Street, Glasgow G33 2HR	-	-	2	Flat
£78K	05/21	0.66 mi	14, Loretto Street, Glasgow G33 3DA	-	-	2	Flat
£105K	09/21	0.67 mi	40, Fettes Street, Glasgow G33 3BQ	-	-	2	Flat
£133K	02/24	0.68 mi	278, Warriston Street, Glasgow G33 3AU	-	-	2	Flat
£120K	11/21	0.68 mi	250, Morningside Street, Glasgow G33 3AN	-	-	2	Flat
£130K	06/21	0.72 mi	317, 0/2, Golfhill Drive, Glasgow G31 2NZ	-	-	2	Flat
£97.5K	08/21	0.74 mi	23, Arniston Street, Glasgow G32 6PF	-	-	2	Flat
£215.3K	02/21	0.77 mi	41, 2/2, Garthland Driver, Glasgow, Gla G31 2RE	-	-	2	Flat
£40K	06/21	0.78 mi	17, Whitburn Street, Glasgow G32 6PG	-	-	2	Flat
£43.5K	10/21	0.78 mi	13, Whitburn Street, Glasgow G32 6PE	-	-	2	Flat
£73K	05/21	0.86 mi	43, Cardowan Road, Glasgow G32 6RT	-	-	2	Flat
£100K	08/21	0.88 mi	813, Carntyne Road, Glasgow G32 6LS	-	-	2	Flat
£117.5K	06/21	0.88 mi	453, Duke Street, Glasgow G31 1RD	-	-	2	Flat
£82K	03/21	0.89 mi	679, Royston Road, Glasgow G21 2DS	-	-	2	Flat
£95.3K	06/21	0.9 mi	25, Lockhart Street, Glasgow G21 2AP	-	-	2	Flat
£72.5K	11/21	0.93 mi	7, Greyfriars Street, Glasgow G32 6RJ	-	-	2	Flat
£80K	05/21	0.96 mi	234, Haymarket Street, Glasgow G32 6QX	-	-	2	Flat
£80.4K	12/21	0.99 mi	137, Whitburn Street, Glasgow G32 6RD	-	-	2	Flat

Local Rents

51 rents from £790/mo to £1.8K/mo, average is £995/mo.

Rent	Date	Distance	Address	Beds	Type
£950	12/24	0.02 mi	Edinburgh Road, Dennistoun, Glasgow, G33 2EB	2	Flat
£790	12/24	0.05 mi	-	2	Flat
£1,250	12/24	0.08 mi	-	2	Flat
£1,250	04/24	0.08 mi	Cumbernauld Road, Glasgow, G33	2	Flat
£950	12/24	0.15 mi	-	2	Flat
£900	04/24	0.16 mi	Aberfoyle Street, Glasgow, G31	2	Flat
£900	04/24	0.16 mi	-	2	Flat
£1,100	10/24	0.16 mi	-	2	Flat
£925	04/24	0.19 mi	11 Aberfeldy Street, Glasgow, G31	2	Flat
£795	12/24	0.21 mi	-	2	Flat
£845	04/24	0.21 mi	Aberfeldy Street, Dennistoun, Glasgow, G31	2	Flat
£890	10/24	0.22 mi	-	2	Flat
£900	04/24	0.25 mi	Gough Street, Riddrie, G33	2	Flat
£925	12/24	0.25 mi	Morningside Street, Riddrie, Glasgow, G33 2LT	2	Flat
£900	01/24	0.26 mi	-	2	Terraced House
£1,100	12/23	0.3 mi	-	2	Flat
£1,200	04/25	0.31 mi	-	2	Flat
£995	04/24	0.31 mi	-	2	Flat
£995	04/24	0.31 mi	Don Street, Glasgow, G33	2	Flat
£995	12/24	0.31 mi	Don Street, Glasgow, G33	2	Flat
£895	12/24	0.31 mi	-	2	Flat
£995	02/25	0.31 mi	-	2	Flat
£1,050	12/23	0.32 mi	-	2	Flat
£950	04/24	0.33 mi	Cumbernauld Road, Glasgow, G31	2	Flat
£950	04/24	0.33 mi	-	2	Flat
£950	02/25	0.33 mi	-	2	Flat
£795	04/24	0.35 mi	Cumbernauld Road,Glasgow,G31	2	Flat
£1,200	04/24	0.35 mi	Kennyhill Square, Dennistoun	2	Flat
£1,200	04/24	0.38 mi	Alexandra Parade, Glasgow, G31 3LN	2	Terraced House
£875	04/24	0.42 mi	Cumbernauld Road, Glasgow, G31	2	Flat
£899	04/24	0.42 mi	-	2	Flat
£899	04/24	0.42 mi	-	2	Flat
£995	04/24	0.43 mi	Alexandra Parade, Dennistoun	2	Flat
£1,200	04/24	0.48 mi	Sannox Gardens, Dennistoun, G31	2	Flat
£1,150	04/24	0.49 mi	Alexandra Park Street, Glasgow	2	Flat
£1,100	04/24	0.49 mi	Alexandra Park Street, Glasgow	2	Flat
£850	04/24	0.52 mi	Moorfoot Street, Glasgow, G32	2	Flat
£1,250	12/24	0.53 mi	-	2	Flat
£975	12/24	0.53 mi	-	2	Flat
£1,200	04/24	0.54 mi	Wood Street, Dennistoun, Glasgow, G31	2	Flat
£1,195	04/24	0.56 mi	Alexandra Parade, Glasgow, G31	2	Flat
£1,800	12/24	0.56 mi	-	2	Flat
£1,500	12/24	0.56 mi	-	2	Flat
£895	04/24	0.56 mi	Onslow Drive, Dennistoun, Glasgow, G31	2	Flat
£1,400	04/24	0.57 mi	-	2	Flat
£1,100	04/24	0.57 mi	Roebank Street, Dennistoun, Glasgow, G31	2	Flat
£950	04/24	0.59 mi	Glasgow, Glasgow, G31	2	Flat
£950	05/24	0.59 mi	-	2	Flat
£1,265	04/24	0.59 mi	Finlay Drive, Dennistoun, Glasgow, G31	2	Flat
£1,300	04/24	0.6 mi	Meadowpark Street, Glasgow, G31	2	Flat
£1,200	04/24	0.6 mi	Meadowpark Street, Glasgow, G31	2	Flat

Local Area Statistics


Rental growth (12m)	+21%+21%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+45%+45%

Property History

Listed for £115,000

March 28, 2025

Floor Plans

Description

Modern Flat situated on preferred 1st Floor +
Large main lounge with window to the front +
Modern kitchen area at the far side of the lounge +
2 double bedrooms, master with en suite shower room +
Modern bathroom. Gas ch. Secure entry +

A Modern 1st Floor Flat situated in a purpose built development close to the city centre and the extensive motorway network.

The flat itself is one of the larger styles available in the development and has some excellent open outlooks to the front over Alexandra Park.

The building is situated on the corner of Cumbernauld Road and Edinburgh Road which is opposite Alexandra Park and has ample private parking spaces to the rear.

Internally the property has a large hallway with useful storage cupboard, main lounge/living room which is open plan to the modern kitchen at the far side. The lounge has a picture window to the front which provides a lovely open view, laminate floor and emulsion walls.

The modern kitchen has an inbuilt sink and drainer, hob, oven and hood and space for free standing fridge freezer.

There are two double bedrooms, master with wardrobes and a good sized en suite shower room comprising wash hand basin shower and w.c. Separate main bathroom which is tiled and has panelled bath, wash hand basin and w.c.

At the rear of the building there are private parking spaces and from here security controlled door opening to the respective entrances.

The property further benefits from gas central heating, double glazing and has security controlled entry door system.

The property is well situated for local shopping which can be found on Alexandra Parade. Public transport includes both bus and rail links to the city centre and surrounding areas which has a host of bars, restaurants, universities and hospitals etc. Access to the M8 & M74 motorway networks is close by making it an ideal location for commuters.