BMV BTL in Glasgow

BMV BTL in Glasgow (Southside)

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: £995 pcm / £11,940 pa
• In line with current market rents
• Strong ongoing demand from professional tenants and young families due to the sought after location

Property Overview
This expansive lower cottage 2-bedroom with fine views at the front extends to over 70 sq m and provides a unique opportunity to add value after cosmetic upgrading.

The accommodation includes: reception hallway, good size lounge, kitchen, two bright spacious double sized bedrooms and bathroom. Additional benefits include double glazing throughout, gas central heating and well maintained garden grounds.

Parking: Unrestricted on street parking
Access: Private entrance
EPC Rating: C
Council Tax band: C
Tenure: Freehold (absolute ownership)

Financials: Mortgage purchase (2 yr fixed 4.95%)
Purchase Price: £105,000
Purchase Costs: £39,650
Refurb: £11,500
GDV: £140,000
Annual Rent: £11,940 (£995pcm)
Annual Net Profit: £6,143
ROCE: 24%
Yield: 9%

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.