3 Bed Detached House, Refurb/BRRR, Glasgow, G33 6HD, £215,000

42 Cardowan Drive, Glasgow G33 6HD - 1 views - 15 days ago

Refurb/BRRR
ROI: 4%
~93 m²
+13 photos

ValuationOvervalued

Sold Prices£115.2K - £371K

 

 

Square Metres

~93 m²

Value Estimate

£198,625

 

 

End Value (After Refurb)

£140,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£53,750

Stamp Duty & Legal Fees

£13,750

Refurb Costs

£36,263

Bridging Loan Interest

£5,644

Total Cash In

£111,156

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£140,000

Mortgage (After Refinance)

£105,000

Mortgage LTV

75%

Cash Left In

£111,156

Equity

£35,000

Rent Range

£575 - £2,750

Rent Estimate

£1,092

Running Costs/mo

£676

Cashflow/mo

£416

Cashflow/yr

£4,993

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £115.2K to £371K, average is £192.3K.

PriceDateDistanceAddressBeds 
£242.2K10/210.06 mi49, Cardowan Drive, Stepps, Glasgow G33 6HQ3
£371K11/210.23 mi11, Anniesdale Avenue, Stepps, Glasgow, Gla G33 6DR3
£223.6K10/210.23 mi8, Parkview Drive, Stepps, Glasgow G33 6DL3
£190K05/240.23 mi4, Parkview Drive, Stepps, Glasgow G33 6DL3
£217K06/240.24 mi3, Brown Court, Stepps, Glasgow G33 6FD3
£370K08/210.26 mi29, Whitehill Avenue, Stepps, Glasgow G33 6BN3
£246.7K12/210.4 mi45, Mathieson Crescent, Stepps, Glasgow G33 6EH3
£130K02/240.4 mi21, Mathieson Crescent, Stepps, Glasgow G33 6EH3
£262.5K05/240.4 mi32, Mathieson Crescent, Stepps, Glasgow G33 6EH3
£170.1K10/210.47 mi39, Ballaig Crescent, Stepps, Glasgow G33 6NR3
£192K03/210.47 mi20, Ballaig Crescent, Stepps, Glasgow, Gla G33 6NR3
£210K05/240.47 mi5, Blaneview, Stepps, Glasgow G33 6BH3
£246.3K09/210.57 mi49, Jackson Drive, Glasgow, Gla G33 6GE3
£223.3K02/240.92 mi9, Fifth Avenue, Stepps, Glasgow G33 6LA3
£195K04/241.02 mi18, Darnaway Avenue, Glasgow G33 5HR3
£136.1K08/211.05 mi137, Tillycairn Road, Glasgow G33 5HE3
£200K11/211.1 mi24, Inchoch Street, Glasgow G33 5DQ3
£192.5K07/211.13 mi41, Craigievar Street, Glasgow G33 5DL3
£226K05/241.13 mi42, Craigievar Street, Glasgow G33 5DL3
£190K06/241.17 mi17, Craigievar Avenue, Glasgow G33 5DF3
£311K04/241.24 mi31, Lavender Street, Glasgow G33 6FU3
£130K06/241.26 mi143, Jerviston Road, Glasgow G33 5QL3
£126K10/211.26 mi137, Jerviston Road, Glasgow G33 5QL3
£191.5K07/211.26 mi4, Kincardine Square, Glasgow G33 5BU3
£138.2K09/211.33 mi26, Greenlea Road, Chryston, Glasgow, Gla G69 9AZ3
£180K02/241.34 mi145, Saughs Drive, Glasgow G33 1BN3
£120K05/241.34 mi121, Jerviston Road, Glasgow G33 5QJ3
£295K12/211.37 mi88, Langmuirhead Road, Auchincloch, Glasgow G66 5DN3
£116.5K05/241.4 mi22, Kishorn Place, Glasgow G33 5QP3
£197.3K10/211.44 mi13, John Brown Place, Chryston, Glasgow G69 9BE3
£160K09/211.46 mi35, Barcaldine Avenue, Chryston, Glasgow G69 9PB3
£117K07/211.47 mi88, Inishail Road, Glasgow G33 5QX3
£115.2K06/211.47 mi12, Inishail Road, Glasgow G33 5QX3
£175.2K06/211.54 mi51, Lanrig Road, Chryston, Glasgow G69 9NR3
£160.1K11/211.54 mi57, Lanrig Road, Chryston, Glasgow G69 9NR3
£185K05/211.58 mi187, Lochview Drive, Glasgow G33 1LN3
£171.4K03/211.58 mi92, Peathill Avenue, Chryston, Glasgow G69 9NY3
£163K12/211.59 mi5, Glenartney Road, Chryston, Glasgow G69 9NS3
£200K09/211.64 mi12, Colintraive Avenue, Glasgow G33 1BW3
£180K11/211.64 mi49, Colintraive Avenue, Glasgow G33 1BW3
£220K11/211.67 mi41, Gartloch Way, Glasgow G69 8FD3
£150K06/211.67 mi43, Mossbank Avenue, Glasgow G33 1LJ3
£305K06/211.72 mi4, Gadloch Gardens, Kirkintilloch, Glasgow G66 5DB3
£140K04/211.74 mi5, Auchinleck Gardens, Glasgow G33 1PL3
£300K03/211.76 mi6, Anne Crescent, Lenzie, Glasgow G66 5HB3
£245K03/211.88 mi36, Newton Road, Lenzie Kirkintilloch, Glasgow G66 5LS3
£184K07/211.91 mi10, Leglen Wood Place, Glasgow G21 3PF3
£220.2K08/211.91 mi22, Leglen Wood Place, Glasgow G21 3PF3
£205K10/211.91 mi2, Briarcroft Place, Glasgow G33 1RG3
£193K04/211.92 mi41, Auchenbothie Crescent, Glasgow G33 1GF3

Local Rents

51 rents from £575/mo to £2.8K/mo, average is £900/mo.

RentDateDistanceAddressBeds 
£1,55011/240.08 mi-3
£1,00004/240.1 miNicolson Court, Stepps, Glasgow, G332
£85012/240.13 mi-1
£1,09509/230.19 mi-2
£1,55008/230.28 mi-3
£87510/230.36 mi-2
£97509/240.36 mi-2
£99504/240.39 miDorlin Road, Stepps, Glasgow, G332
£60009/230.61 mi-1
£65011/240.61 mi-1
£2,75012/240.72 miHoneywell Drive, Stepps, Glasgow6
£1,95011/240.73 mi-4
£1,95009/240.73 mi-4
£85012/240.8 miDunalastair Drive, Millerston, Glasgow, G332
£65012/240.88 mi138 Dunalastair Drive, Glasgow, G33 6NU1
£90010/230.97 mi-2
£79512/240.98 mi-2
£99504/250.99 mi-2
£85009/240.99 mi-2
£75004/241 miRiggside Road, Craigend2
£75004/241 miRiggside Road, Craigend2
£69512/241 miRiggside Road, Craigend2
£62509/231.04 mi-1
£1,87504/251.07 mi-4
£69907/231.08 mi-1
£57504/241.12 miPorchester Street,Glasgow,G332
£82510/231.14 mi-2
£1,40004/241.15 miCroftcroighn Drive, Glasgow3
£1,40004/241.22 miFindochty Street, Garthamlock3
£1,25012/241.22 miFindochty Street, Garthamlock3
£89504/251.3 mi-2
£89511/241.3 mi-2
£65004/241.34 miGartloch Road, Garthamlock, Glasgow, G331
£1,19511/241.38 mi-3
£72506/241.41 mi-2
£87512/241.43 mi-2
£89509/241.47 mi-2
£1,10002/251.49 mi-3
£1,10002/251.49 mi-3
£1,20004/241.49 mi-3
£65012/241.55 miCroftcroighn Road, Craigend, Glasgow1
£87512/241.62 mi-2
£87512/241.62 mi-2
£1,75012/241.75 miAnne Crescent, Lenzie, Glasgow3
£1,39504/241.78 miColintraive Crescent, Hogganfield, Glasgow, G334
£1,80004/241.83 mi-3
£1,15012/241.85 miMillbrae Avenue, Chryston, G693
£1,30012/241.85 miLouden Hill, Bishopbriggs3
£85006/241.86 mi-2
£95004/241.88 miGreenside Street, Glasgow3
£1,67512/241.9 mi-3

Local Area Statistics

 

 

Rental growth (12m)

+21%

Sales demand

Seller's market

Capital growth (5yrs)

+45%

Property History

Listed for £215,000

April 2, 2025

Floor Plans

Description

  • Phenomenal Opportunity +
  • Desirable Residential Area +
  • Substantial South Facing Plot +
  • 3 Reception Rooms +
  • 3 Bedrooms +
  • 1 Bathroom & Upstairs Shower Room +
  • Driveway, Garage DG & GCH +
  • Viewing Recommended +
  • Close to Local Amenities & Transportation Links +
  • EER - E +

This is a rare opportunity to acquire a detached villa in a very desirable residential area of the village. Modernisation is required throughout however the property offers phenomenal potential to any discerning buyer. Situated within an enviable level plot which is not overlooked to the rear, the property could be developed subject to local authority planning constraints. Early viewing is strongly advised. EER - E

This is a unique opportunity to acquire an attractive red sandstone detached villa, located within the heart of Stepps. The entire dwelling requires extensive modernisation, allowing any buyer the opportunity to reconfigure/design to suit individual requirements. The plot affords the potential to extend/develop subject to planning constraints.
Currently accommodation comprises entrance vestibule, reception hallway, two spacious reception rooms to the front, a double bedroom downstairs, family tv/room to the rear which flows to the spacious dining kitchen area with utility area off. The rear garden is accessed from the utility room. The bathroom completes the downstairs.
The converted attic space is reached via a wooden spiral staircase fixture. On this upper level the current owner has created a open family area with 2 partitioned bedrooms off and the shower room.
Externally the property is located within an extensive south facing plot which offers a degree of privacy from neighbouring properties. The garden provides the ideal space to relax and/or entertain. The property also boasts driveway and garage.

Room Dimensions
Entrance Vestibule
Reception Hallway
Formal Lounge - 4.00m x 3.58m
Dining Room/Reception Room - 3.88m x 3.60m
Family Room/TV Room - 2.85m x 2.66m
Dining Kitchen - 3.27m x 2.86m
Downstairs Bedroom - 3.69m x 2.94m
Bathroom - 2.22m x 1.34m

Converted Attic Space
Open Landing Area - 7.90m x 4.94m
Bedroom 2 - 2.40m x 2.37m
Bedroom 3 - 2.40m x 2.31m
Shower Room - 2.52m x 1.38m

Location
Stepps is a thriving settlement in North Lanarkshire, Scotland, near the north-eastern outskirts of Glasgow. It enjoys recently upgraded facilities that include a new primary school, library, and sports facilities while retaining a historic heart around its church in Whitehill Avenue and its Victorian and Edwardian housing. Excellent travel connections by road and rail mean residents work in Glasgow, Edinburgh, Falkirk, Stirling and beyond. At the same time its location means that excellent walks in the new Seven Lochs Wetland Park are on the doorstop, from which views to the Campsies and Loch Lomond can be enjoyed.

Home Report Available on Request
Viewings Strictly By Appointment
EER - E

If you are interested in viewing this property please contact the office directly on . If you are planning to sell a property one of our expert valuers shall happily visit your home and provide you with a free valuation and we can discuss our competitive selling packages.

Agent Details

CODA Estates Ltd, Glasgow

0141 673 3031

Next Steps?

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