SALE BY ONLINE AUCTION 1ST OCTOBER 2020 AT 9.00AM. We are pleased to present to market this large three bedroom flat in Renfrew. Excellent investment opportunity - possible yield of 13.8% on Guide Price.
---MASSIVE FLAT---Large Full 3 bedroom flat in Purpose Built Residential building***The property is well located close to a number of amenities.***Excellent Rental Prospects***Large tenant base***Good internal order***
· This internally substantial property Comprises: Entrance Hallway, 3 Full Bedrooms, Lounge, Kitchen & Bathroom***Excellent Discounted Opportunity***MUST BE SOLD
· Local Recent Sales***149 Paisley Road Sold £103k (June 20)***208B Paisley Road Sold 65k (Feb 20)***23A Birmingham Road Sold £62k (Jan 20)*** All are sales this year within a 1/4 mile radius of this property***
· This property has an estimated achievable rental level of £600 pcm (£7200 per annum)***Expected Rental Yield circa 13.8%+***Exceptional Potential Investment Opportunity***
· Near highly regarded schooling; Renfrew is a sought after town located close to Glasgow. Popular district for home owners & investors near to recreational centres such as the Braehead arena, The Xscape Centre & David Lloyd Fitness Centre**Easy access to Colleges, Universities & Airport creating High Tenant Demand**
Large Full 3 Bedroom Purpose Built 1st floor flat In popular location***This property comprises: Entrance Hallway, 3 Full Bedrooms, Lounge, Fitted Kitchen & Bathroom**The property is ideal for Investors & Developers Alike----Viewing Strongly recommended to Appreciate The Size & Quality of the Property on Offer---*** Estimated Achievable Rental Level of £600pcm (£7200 per annum)***Strong Tenant Demand for subjects and is an ideal investment Opportunity***Potentially High Yielding Investment Opportunity***This property is located within a popular residential district close to Town centre hosting a number of local amenities***Turnkey Opportunity*** Excellent access to M8 Motorway, Glasgow Airport, Reid Kerr & Cardonald Colleges, Glasgow / Strathclyde & Caledonian Universities. Braehead Shopping Centre & Xscape Leisure Centre within close proximity***Strong Tenant Demand for Property in High Amenity District***Opportunity to Purchase Heavily Discounted Residential Property***Likely to attract Substantial Interest from Investors***
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation. 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.
This auction lot is now closed.
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