2/2, 6 Victoria Drive East, Renfrew, Renfrewshire, PA4 8EZ

  • Unconditional Online Auction Sale
  • Guide Price* : £29,000

PRICE DROP : GUIDE PRICE WAS £39,000 - NOW £29,000. MASSIVE DISCOUNT! One bedroom tenement apartment in Renfrew. Turnkey investment opportunity - property is currently tenanted with rental income of £350 per month, an immediate yield of 14%+ on Guide Price. Potential to develop into two bedroom apartment.

Description

SALE BY ONLINE AUCTION 22ND APRIL 2021. One bedroom tenement apartment in Renfrew. Turnkey investment opportunity - property is currently tenanted with rental income of £350 per month, an immediate yield of 14%+ on Guide Price. Potential to develop into two bedroom apartment.

· Tenanted 1 bedroom flat in Refurbished traditional red sandstone tenement building***Benefits from having Heating, Double Glazed Windows, Kitchen & Bathroom***Ready Let Turnkey investment property** Let for £350pcm (£4200 per annum)**

· Central location close to all amenities. Well Maintained common areas. Comprises Entrance Hallway, Large Double Bedroom, Spacious open plan Living room / Kitchen & Bathroom***Potential to develop into a two bedroom apartment***Excellent Discounted Opportunity.

· 6 Victoria Dr East 2/L Sold £62k***4 Victoria Dr East T/L Sold £63.5k*** -----For Sale Under the instructions of Asset Managers---

· This property is achieving a rental level of £350pcm (£4200 per annum)***Turnkey Condition with 11.11% Rental Yield***

· 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**

Ready Let 1 bedroom flat in a professionally managed well maintained red sandstone tenement building. This property comprises: Double Bedroom, Bay windowed Living room/ Kitchen & Bathroom. ***TURNKEY LETTING PROPOSITION*** The property benefits from having Double Glazing, Kitchen & Bathroom and fully decorated & flooring throughout.----GREAT Property with excellent investment credentials---*** Currently rented at Level of £350pcm (£4200 per annum)***Strong Tenant Demand for subjects and is an ideal investment Opportunity*** High Yielding Turnkey Investment Opportunity***This property is located within a popular residential district close to Town centre hosting a number of local amenities*** Discounted sale by Asset Managers ***Excellent access to M8 Motorway, Glasgow Airport, Reid Kerr & Cardonald Colleges, Glasgow / Strathclyde & Caledonian Universities. Braehead Shopping Centre & Xscape Leisure Centre within close proximity***High Tenant Demand for Property in High Amenity District***6 Victoria Dr East 2/L Sold £63k***4 Victoria Dr East T/L Sold £63.5k***Opportunity to Purchase Income Producing, Discounted Residential Property***Likely to attract Substantial Interest From Investors***

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* 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.

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Sold for £30,000

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3D Walkthrough - 2/2, 6 Victoria Drive East

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