SALE BY ONLINE AUCTION THURSDAY 1ST JULY 2021. Large two bedroom main door flat in Renfrew. Superb investment opportunity - property is currently tenanted with rental income of £440 per month, an immediate yield of 13%+ on Guide Price.
· Private Main Door Flat---Large 2 bedroom flat in Purpose Built Residential building***The property is well located close to a number of amenities ***Excellent Rental Property*** Currently let for £440pcm*** £5280 per annum*** Massive rental Yield*** Great Investment Property***
· This Fabulous property Comprises: Entrance Hallway, 2 Full Bedrooms, Lounge, Kitchen & Bathroom***Excellent Discounted Opportunity***MUST BE SOLD*** Large tenant base***Good internal order***
· ***60 Kirklandneuk Road Sold £85k (Sept 20)***63F Vennacher Road Sold £52.5k (Aug 20)***11 Vennacher Road Sold £75k (Oct 19)***95 Kirklandneuk Road Sold £91k (Aug 19)***MASSIVE DISCOUNT***
· This Turnkey investment property is currently let for £450pcm (£5400 per annum)***Immediate income producing a rental Yield of 13%+*** Great Property
· 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 Main Door 2 Bedroom Purpose Built flat In popular location***This property comprises: Entrance Hallway, 2 Full Bedrooms, Lounge, Fitted Kitchen & Bathroom***Currently let at a Rental Level of £450pcm (£5400 per annum)***Strong Tenant Demand for subjects and is an ideal investment Opportunity*** 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***
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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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