This property is no longer on the market
3 bedroom flat
Key information
Property description & features
- Tenure: Freehold
- Portfolio of Two Tenanted Flats in Renfrew - One Bedroom Flat and Three Bedroom Flat
- Estimated End-Market Rental Potential in the Region of £1,250pcm Combined
- Ideal Turnkey Investment with Immediate Income Stream
FOR SALE BY ONLINE AUCTION THURSDAY 11TH JANUARY 2024 AT 9.00AM. Turnkey residential investment: two tenanted flats in Renfrew - a 1 bedroom flat on Edward Avenue and a 3 bedroom flat on Kirklandneuk Road. Ideal immediate income producing investment with estimated end-market rental potential of £1,250pcm combined.
Online Property Auctions Scotland are delighted to present this portfolio of two tenanted flats in Renfrew.
12 Kirklandneuk Road
The property is an upper cottage flat, comprised of entrance hallway, lounge with adjoining kitchen, three bedrooms and a bathroom. The property is currently tenanted at £500pcm. Estimated end-market rental potential is in the region of £700pcm.
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Nearby sales include:
119 Kirklandneuk Road - Sold for £115,000 Nov 22
127 Kirklandneuk Road - Sold for £101,660 Nov 21
117 Kirklandneuk Road - Sold for £120,000 Aug 21
1D Edward Avenue
The property is a one bedroom flat, with an entrance hallway, lounge with adjoining kitchen, bathroom and hallway storage cupboard. The property is currently tenanted at £400pcm. The estimated end-market rental potential is in the region of £550pcm.
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Nearby sales include:
- 55b Glebe Street - Sold for £65,000 Mar 22
- 55c Glebe Street - Sold for £65,000 Nov 21
- 6c Millburn Way - Sold for £84,000 Nov 21
Renfrew is a well-populated town, roughly 8 miles from Glasgow City Centre and easily accessed via the M8. Its close proximity to the city, as well as wide range of amenities including the Braehead Shopping Centre and Xsite Centre, makes it a busy town with a high tenant demand. Excellent access to Glasgow Airport, Reid Kerr & Cardonald Colleges, Glasgow / Strathclyde & Caledonian Universities.
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Broadband availability and predicted speed: obtained from Ofcom on January 31, 2022
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Mobile phone signal availability and predicted strength: obtained from Ofcom on January 31, 2022
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
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Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on October 19, 2016 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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