2-bedroom flat · G73 2PH
Listing removedListed 87 days · slow let
Opportunity summary
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About
RETIREMENT FLAT - TENANT MIN AGE 60 (55 if couple) Enjoying a prime position with easy access to residents gardens sits this 2 bedroom, part furnished exceptionally well presented ground floor apartment forming part of the much sought after Stonelaw Court development by Messrs McCarthy and Stone.
The property is entered through a security controlled door at ground level to a large, welcoming communal hallway with lift or stair access off to all levels.
Number 20 is located only a short distance from the main reception and residents lounge.
The accommodation comprises, lounge with focal point fireplace , 2 double bedrooms with fitted wardrobes, kitchen and shower room.
The property itself further benefits from having electric heating, double glazing and a 24 hour care line service.
In addition to this, there is a residents' lounge, laundry room, guest suite and beautifully manicured garden grounds which incorporate ample residents' parking.
The property sits within a small select development in Rutherglen adjacent to Overton Park and is conveniently placed for access to a host of local amenities including excellent public transport services, shops, cafes, newsagents, pharmacy and Rutherglen Health Centre.
The nearby Rutherglen Main Street provides a more extensive range of amenities including train station.
In addition to this, there are excellent road links close by giving easy access to Glasgow City Centre and the Central Belt motorway network system. Council Tax Band 'E'. Available NOW.
Part Furnished. EPC rating: C. Landlord Registration Number: 559046/380/20071. Letting Agent Registration Number: LARN1811011.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Johnstone Drive, Rutherglen, South Lanarkshire, G73
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