3/1 3 Broadloan, Renfrew, Renfrewshire, PA4 0SA

  • Unconditional Online Auction Sale
  • Guide Price* : £50,000

FOR SALE BY ONLINE AUCTION THURSDAY 6TH OCTOBER AT 9.00AM. Tenanted one bedroom flat in central Renfrew. Estimated potential end-market rental value of £450pcm, providing a yield of 11% at Guide Price. Ideal turnkey Buy-to-Let investment with immediate income stream.

Description

FOR SALE BY ONLINE AUCTION THURSDAY 6TH OCTOBER AT 9.00AM. Tenanted one bedroom flat in central Renfrew. Estimated potential end-market rental value of £450pcm, providing a yield of 11% at Guide Price. Ideal turnkey Buy-to-Let investment with immediate income stream.

• The property is comprised of a double bedroom, a separate kitchen and living room, as well as a shower room.

• ***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 £450 pcm (£5,400 per annum)***Expected Rental Yield of 11%***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, kitchen & shower room*** The property is currently let on a low rent to a long standing tenant at £350pcm.*** These is great asset management potential to increase the rent to a full market rent nearer: £450pcm (£5400 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***

To view legal documents for all properties, and to register for our online auctions 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.

* 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.

Loading the bidding panel...

Submit Offer Now

Agreement Documents

Legal Documents

Log in to view legal documents

Related Documents

Virtual Tour

Virtual Tour - Broadloan, Renfrew

Share