BUY IT NOW!!! - ***FABULOUS OPPORTUNITY TO ACQUIRE A FANTASTIC ONE BEDROOM TENANTED FLAT IN RENFREW***FANTASTIC ANNUAL YIELD OF 13.76% BASED ON GUIDE PRICE***LONG TERM SITTING TENANT***
***GOOD POTENTIAL LONG TERM INCOME GENERATOR*** - The existing tenant has been residing in the property since 2010. The monthly rent is £390 per month representing an excellent yield of 13.76% (based on the guide price).
If you are looking to start or add to your investment portfolio with a high yielding low maintenance tenanted property then this is perfect for you. This property has been discounted to sell in auction and pre-auction offers are welcome. This is one of those investment opportunities not to be missed. Register early to avoid disappointment.
***The size of the flat is approximately 495 square feet in total.***
***RECENT NEARBY PROPERTY SALES***
- 15 Tarras Drive, Renfrew, PA4 0YZ, 1 bedroom SOLD £121,000 (Jul'24)
- 71 Tarras Drive, Renfrew, PA4 0YY, 1 bedroom SOLD £113,000 (Aug'24)
- 61 Beechwood Drive, Renfrew, PA4 0PN, 1 bedroom SOLD £72,000 (Jun'24)
Renfrew is a town 6 miles (10 km) west of Glasgow in the west central Lowlands of Scotland. It is the historic county town of Renfrewshire. Called the "Cradle of the Royal Stewarts" for its early link with Scotland's former royal house, Renfrew gained royal burgh status in 1397. The population of Renfrew is approximately 24,000.
TRANSPORT - There are two nearby train stations that serve Renfrew and these are Yoker and Garscadden train stations. There is a petrol station approximately 0.5km away also.
LOCAL FOOD & DRINK - There is are restaurants and cafes close by, as well as nearby pubs. A branch of Greggs is based just off Hairst Street.
SHOPS - The property is close to a range of local shops, including a branch of ALDI and a post office.
EDUCATION - There are three primary schools and four secondary schools all based within 1km of the property,
GUIDE PRICE - £30,500
To view legal documents relating to this property please visit our website.
Purchases are subject to a Buyer’s Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup / Special Conditions in the Legal pack to confirm.
Please note that as per the Estate Agents Act 1979 the vendor of the property is a connected party.
FABULOUS OPPORTUNITY TO ACQUIRE A FANTASTIC ONE BEDROOM TENANTED FLAT IN RENFREW
FANTASTIC ANNUAL YIELD OF 13.76% BASED ON GUIDE PRICE
LONG TERM SITTING TENANT
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.
