2/2, 12 Anderson Drive, Renfrew, Renfrewshire, PA4 8PL

  • Unconditional Online Auction Sale
  • Guide Price* : £39,000

FOR SALE BY ONLINE AUCTION THURSDAY 30TH JUNE AT 9.00AM. Tenanted 1 bedroom flat in traditional red sandstone building. Ideal for Buy-to-Let investors - potential to increase rent to the region of £425pcm. Great turnkey investment opportunity.

Description

FOR SALE BY ONLINE AUCTION THURSDAY 30TH JUNE AT 9.00AM. Tenanted 1 bedroom flat in traditional red sandstone building. Ideal for Buy-to-Let investors - potential to increase rent to the region of £425pcm. Great turnkey investment opportunity.

• ***Turnkey*** Tenanted 1 bedroom flat in Traditional Red sandstone building***The property is well located close to a number of amenities ***Rental Growth potential*** Great Asset Management property***
• This fantastic property Comprises: Entrance Hallway, Bedroom, Lounge open to Kitchen & Bathroom***Excellent Discounted Opportunity*** Professionally managed building*** Ideal for Buy to Let investors***
• 2 Anderson Drive 0/4 Sold £60,150 (July 21)*** 2 Anderson Drive 2/1 Sold £51,400 (July 21)*** 10 Anderson Drive Sold £80k (Feb 21)***Popular Location*** Town centre position*** Attractive Price***
• This property has an estimated achievable rental level of £425 pcm (£5100 per annum)***Expected Rental Yield of 13%***Great Opportunity*** Ideal for Investors & 1st Time buyers***
• 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 Xsite Centre & David Lloyd Fitness Centre**Easy access to Colleges, Universities & Airport creating High Tenant Demand**
*** Traditional 1 bedroom flat in red sandstone building*** Well Maintained building with fabulous bright open views*** The property comprises: 1 bedroom, living room open plan to kitchen & bathroom*** The property is currently let on a low rent to a long standing tenant at £300pcm.*** These is great asset management potential to increase the rent to a full market rent nearer: £425pcm (£5100 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***GREAT OPPORTUNITY*** Excellent access to M8 Motorway, Glasgow Airport, Reid Kerr & Cardonald Colleges, Glasgow / Strathclyde & Caledonian Universities. Braehead Shopping Centre & Xsite 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 & First Time Buyers alike***

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Key Feature 1

Tenanted One Bedroom Flat

Key Feature 2

Potential for Rental Increase to £425pcm

Key Feature 3

Great Opportunity for Buy-to-Let Investors

* 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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Virtual Tour - 12 Anderson Drive, Renfrew

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