2 Bed Flat, Single Let, Glasgow, G65 0EY, £61,000

South Barrwood Road Kilsyth, G65 0EY - 5 views - 2 years ago

BTL
ROI: 18%
~71 m²
+7 photos

ValuationFair Value

Sold Prices£40K - £166K

 

 

Square Metres

~70.70 m²

Value Estimate

£62,152

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£15,250

Stamp Duty & Legal Fees

£3,030

Total Cash In

£18,280

 

 

Cash Out

 

Rent Range

£495 - £895

Rent Estimate

£600

Running Costs/mo

£331

Cashflow/mo

£269

Cashflow/yr

£3,233

ROI

18%

Gross Yield

12%

Local Sold Prices

50 sold prices from £40K to £166K, average is £78K.

PriceDateDistanceAddressBeds 
£57.1K06/210.03 mi38, South Barrwood Road, Kilsyth, Glasgow, Stirlingshire G65 0EZ2
£72.5K10/210.11 mi6, Courthill Crescent, Kilsyth, Glasgow, Stirling G65 0EN2
£63K07/210.11 mi11, Courthill Crescent, Kilsyth, Glasgow, Stirlingshire G65 0EN2
£64K05/210.11 mi32, Courthill Crescent, Kilsyth, Glasgow, Stirling G65 0EN2
£78K11/210.19 mi20, Haughton Avenue, Kilsyth, Glasgow, Stirling G65 0DU2
£72.5K03/210.19 mi10b, Register Road, Kilsyth, Glasgow, Stirling G65 0DS2
£70K05/210.2 mi39, Haughton Avenue, Kilsyth, Glasgow, Stirlingshire G65 0DT2
£69K04/240.23 mi52, Donaldson Avenue, Kilsyth, Glasgow, Stirlingshire G65 0DH2
£73.5K12/210.23 mi26, Barlandfauld Street, Kilsyth, Glasgow, Stirling G65 0BU2
£66K05/210.25 mi32, Hillview Avenue, Kilsyth, Glasgow, Stirling G65 0DJ2
£56K08/210.26 mi20, Hillview Avenue, Kilsyth, Glasgow, Stirling G65 0DJ2
£160K06/210.26 mi16, Deacons Road, Kilsyth, Glasgow, Stirlingshire G65 0BN2
£70K02/210.32 mi18, Keir Hardie Drive, Kilsyth, Glasgow, Stg G65 0LQ2
£76K07/210.34 mi6, Keir Hardie Drive, Kilsyth, Glasgow, Stirling G65 0LQ2
£79.5K11/210.35 mi45, Manse Road, Kilsyth, Glasgow, Stirling G65 0DB2
£107.5K09/210.35 mi15, Jarvie Crescent, Kilsyth, Glasgow, Stirling G65 0LN2
£76.1K05/210.36 mi18, Shuttle Street, Kilsyth, Glasgow, Stirling G65 0BL2
£78.5K06/210.36 mi10, Johnston Avenue, Kilsyth, Glasgow, Stirling G65 0LJ2
£85K03/240.41 mi4, Market Court, Kilsyth, Glasgow, Stg G65 0BJ2
£52K01/210.41 mi4, Howe Road, Kilsyth, Glasgow, Stirling G65 0LE2
£52K02/210.41 mi2, Howe Road, Kilsyth, Glasgow, Stirling G65 0LE2
£65K05/210.41 mi55, Howe Road, Kilsyth, Glasgow, Stirlingshire G65 0LW2
£78K12/210.42 mi76, Howe Road, Kilsyth, Glasgow, Stirling G65 0LP2
£88K11/210.43 mi6, Market Place, Kilsyth, Glasgow, Stirlingshire G65 0SL2
£73K11/210.45 mi5, Park Lane, Kilsyth, Glasgow, Stg G65 0JY2
£51.5K12/210.49 mi46, Kirklands Crescent, Kilsyth, Glasgow, Stirlingshire G65 0LS2
£140K08/210.49 mi1, Flat 5, Bankwood Drive, Kilsyth, Glasgow, Stirlingshire G65 0GZ2
£157.5K09/210.52 mi3 Covenanters Court, Stirling Road, Kilsyth, Glasgow, Stirlingshire G65 0PW2
£166K04/240.52 mi7 Covenanters Court, Stirling Road, Kilsyth, Glasgow, Stirlingshire G65 0PW2
£150K09/210.52 mi4 Covenanters Court, Stirling Road, Kilsyth, Glasgow, Stirlingshire G65 0PW2
£100K02/210.53 mi69, Kingston Road, Kilsyth, Glasgow, Stirling G65 0JG2
£88K09/210.53 mi10a, Charles Street, Kilsyth, Glasgow, Stirlingshire G65 0HE2
£135K10/210.54 mi83, Kingston Road, Kilsyth, Glasgow, Stirlingshire G65 0JG2
£67.5K02/210.54 mi35, Drumtrocher Street, Kilsyth, Glasgow, Stg G65 0LU2
£115K06/210.56 mi16, William Wilson Court, Kilsyth, Glasgow, Stirlingshire G65 9DP2
£54K07/210.56 mi10, Kingston Road, Kilsyth, Glasgow, Stirlingshire G65 0HP2
£105K05/210.56 mi23, William Wilson Court, Kilsyth, Glasgow, Stirlingshire G65 9DP2
£115K10/210.56 mi48, William Wilson Court, Kilsyth, Glasgow G65 9DP2
£130K03/240.56 mi36, William Wilson Court, Kilsyth, Glasgow, Stg G65 9DP2
£110K09/210.57 mi28, William Wilson Court, Kilsyth, Glasgow G65 9DP2
£127.5K01/210.57 mi11, Blenheim Court, Kilsyth, Glasgow, Stirling G65 0JN2
£145.5K04/240.58 mi4, Blenheim Court, Kilsyth, Glasgow, Stirlingshire G65 0JN2
£107.3K03/210.59 mi13, William Wilson Court, Kilsyth, Glasgow G65 9DP2
£85K02/240.6 mi8, Kingston Flats, Kilsyth, Glasgow, Stirlingshire G65 9DJ2
£40K12/210.61 mi27, Arch Way, Kilsyth, Glasgow G65 0HD2
£90.2K04/240.73 mi7, Elgin Place, Kilsyth, Glasgow, Stirlingshire G65 9UW2
£70K03/210.78 mi58, Kelvin Way, Kilsyth, Glasgow, Stirling G65 9UL2
£70K03/210.78 mi33, Kelvin Way, Kilsyth, Glasgow, Stirling G65 9UN2
£85.1K02/240.79 mi42, Kelvin Way, Kilsyth, Glasgow, Stirlingshire G65 9UL2
£62K07/210.81 mi42, Smithstone Crescent, Croy, Glasgow, Dunbartonshire G65 9HG2

Local Rents

13 rents from £495/mo to £895/mo, average is £725/mo.

RentDateDistanceAddressBeds 
£67504/240.09 miManse Road, Kilsyth, North Lanarkshire, G652
£69512/240.11 miCourthill Crescent, Kilsyth, Glasgow, G65 0EN2
£67512/240.14 miCourthill Crescent, Kilsyth2
£49512/240.15 mi-2
£79509/240.16 mi-2
£79512/240.23 mi-2
£79512/240.24 mi-2
£89501/250.24 mi-2
£89502/250.24 mi-2
£89503/250.24 mi-2
£62512/240.4 mi-2
£72504/240.56 miWilliam Wilson Court, Kilsyth, Glasgow, G65 9DP2
£69504/240.58 miWilliam Wilson Court, Kilsyth2

Local Area Statistics

 

 

Rental growth (12m)

-8%

Sales demand

Seller's market

Capital growth (5yrs)

-19%

Property History

Listed for £61,000

October 11, 2023

Floor Plans

Description

  • Buy-to-Let Opportunity +
  • Tenant Currently Situated +
  • Likely to attract enquiries from Serious Investors & Developers +
  • Spacious Lounge +
  • Well kept flat +
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack) +

Our latest listing is a 2 bedroom flat located in Kilsyth. 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 £7,200. 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 in viewing the Home Report, 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 💪