Buy-To-Let in Glasgow High Cashflow

Home Report Valuation Available.

A great opportunity to secure a high yielding, below market value investment in one of Glasgow’s upcoming areas. Cardonald (Glasgow Southwest) is on the rise in terms of capital appreciation yet still offers at present good value for money.

Rental Performance
• Expected rent: £900 pcm / £10,800 pa
• In line with current market rents
• Strong ongoing demand from professional tenants and young families due to the sought after location (right across Bellahouston Park)

Property Overview
This traditional second floor 2-bedroom extends to approx. 63 sq m and provides a unique opportunity to add value after cosmetic upgrading.

The accommodation includes: reception hallway, spacious bay window lounge, modern fitted kitchen, two bright spacious double sized bedrooms and 3-piece bathroom. Additional benefits include double glazing throughout and gas central heating.

Parking: Unrestricted on street parking
EPC Rating: E
Council Tax band: B
Tenure: Freehold (absolute ownership)

Key Financials - Cash purchase and refinance model:
▪ Purchase price: £92,000
▪ GDV: £115,000
• Additional Dwelling Supplement (ADS): £7,360
• Refurb costs: £7,700
• Legals: £1,500
• Sourcing fee: £3,000 + VAT

▪ Annual profit: £5,304
▪ ROCE: 21%
▪ Yield: 9%
▪ Money left in after refinance: £25,310

With a below market value purchase price, strong rental demand and solid projected returns, this property would make an excellent addition to any investment portfolio, particularly for buyers looking for reliable passive income and long term growth.

For further information or to discuss the opportunity in more detail, please get in touch.