Greenrigg Road, Cumbernauld, Glasgow, G67
PO

Greenrigg Road, Cumbernauld, Glasgow, G67

By Portolio

£ 74,995

Reviews

3 out of 5 stars

Portolio says ..

3 bedroom tenanted buy-to-let investment property in Cumbernauld with a current yield of 9.2%

Property Oracle says ..

The property is a 3-bedroom semi-detached house located in Cumbernauld, Glasgow. It benefits from being within 0.51 KM of Cumbernauld ScotRail station, providing convenient access to public transportation. While nearby schools are not listed, the proximity to Cumbernauld suggests access to local schooling options. The property includes a small enclosed rear garden.

The interior photos reveal that the property is in generally livable condition, however, some areas show signs of needing some attention. The bathroom, in particular, shows some areas of damage to the walls that require repair. The kitchen appears to have been recently updated, however, the overall finish of the property suggests a need for some cosmetic improvements.

Considering the list price of £74,995, the average price per sqft in the area is £379.00. With the property being 989.63 sqft, this would suggest a predicted price of £374,268. However, the average house price in the area is significantly higher at £517,143. The significantly lower list price may reflect the property’s condition and the need for some modernisation. Nearby comparable properties are listed between £70,000 and £195,000, with the lower end of this range reflecting properties in similar condition. Therefore, the list price appears reasonable in the context of the local market, considering the condition and size of the property.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
4
Bedrooms
3
Bathrooms
1
Sqft (est)
989.63

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
925,000.00 £
Increased by 139.51 %
from 386,204.00 £
Est sale value
433,457.94 £
Increased by 50.52 %
from 287,982.33 £
Average area rental value
825.00 £/mo
Decreased by 10.71 %
from 924.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
1.07 %
Decreased by 62.72 %
from 2.87 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Portolio created the listing.

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Doon Side £ 000.00 KM
Woodland Way £ 99,95000.00 KM
Grieve Road £ 84,00000.00 KM
St Mungo's Road £ 000.00 KM
Brown Road £ 110,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Cumbernauld9721CUB0.51 KM
Greenfaulds9725GRL2.00 KM
Croy9943CRO6.40 KM
Airdrie9759ADR9.16 KM
Drumgelloch9757DRU9.38 KM

Nearby Listings

AddressPriceTypeScoreDistance
Greenrigg Road, Cumbernauld, Glasgow, G67 £ 74,995BUY6 / 100.00 KM
Greenrigg Road, Glasgow, Cumbernauld, G67 £ 75,000BUY6 / 100.01 KM
215 Millcroft Road, G67 £ 79,500BUY6 / 100.09 KM
Greenrigg Road, Glasgow, G67 £ 195,000BUYUnknown0.17 KM
Greenrigg Road, Glasgow, G67 £ 89,000BUYUnknown0.18 KM