Turnkey BTL - Glasgow

Turnkey BTL in Glasgow (West End)

Home Report Valuation Available

A great opportunity to secure a high yielding, below market value investment in one of Glasgow’s most popular and consistently in demand rental areas. This is a strong hands off investment with excellent long term tenant appeal.

Rental Performance

• Expected rent: £925 pcm / £11,100 pa
• In line with current market rents
• Strong ongoing demand from professional tenants due to the sought after location

Located in the popular Scotstoun area of Glasgow’s West End, the property is within walking distance of cafés, restaurants, shops and local amenities. Excellent transport links provide quick access into Glasgow City Centre, making it a highly attractive rental location.

Property Overview

This charming cottage style two bedroom upper floor flat extends to approximately 56 sq m and requires only minor upgrading to become fully rental ready, making it ideal for investors looking for a straightforward project with quick turnaround potential.

The accommodation includes a welcoming entrance hallway, a spacious lounge with dining area, a modern fitted galley kitchen, two good sized double bedrooms and a modern three piece bathroom. Additional benefits include double glazing throughout and a large communal rear garden.

Parking: Unrestricted on street parking
Garden: Rear communal area
EPC Rating: E
Tenure: Freehold (absolute ownership)

Example BTL Mortgage Figures
5 year fixed | 75% LTV | 5.05% interest

• Purchase price: £83,000
• Mortgage: £62,250
• GDV: £90,000
• Additional Dwelling Supplement (ADS): £6,640
• Refurb costs: £2,500 (electric heating upgrade)
• Legals: £1,500
• Sourcing fee: £3,000 + VAT

Total investment required: £35,535

Estimated annual profit after deductions: £6,540
Based on mortgage payments of £284 pcm, maintenance costs of £45 pcm and insurance at £50 pcm.

Projected Returns Over 6 Years

• Capital growth projection at 5% per annum: £30,608
• Net rental growth projection at 2% per annum: £42,080
• Total projected profit over 6 years: £72,688
• ROCE: 205%

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.