Deadline for Offers

16 April 2021, 4pm

Bidding Closes in

Submit Offer Now
  • TypeFlat
  • Ownership Freehold
  • Occupation Tenanted
  • Bedrooms 4
  • Council Tax Search SAA

Description

Full Address:  Portfolio of 3 Tenanted Flats, Renfrew, PA4 8QD

Portfolio of 3 Tenanted Flats located within popular residential area of Renfrew. Immediate Income of 12,360. Ideal investment opportunity for landlord/property investor looking to expand portfolio.

24E Kirklandneuk Road, Renfrew, PA4 9DR - 2 bedroom flat currently tenanted at 350PCM (4,200 Per Annum) tenant has been in situ since 2005.

30 Canal Street, Flat 3-1, Renfrew, PA4 8QD - 1 bedroom flat currently tenanted at 350PCM (4,200 Per Annum) tenant has been in situ since July 2020. Building is factored by Hacking and Paterson.

4 Houston Street, Flat 2-1, Renfrew, PA4 8NR - 1 bedroom flat currently tenanted at 330PCM (3,960 Per Annum) long term tenant. Building is factored by Indigo Square.

Renfrew offers local shopping, schooling and public transport facilities. There are a number of Primary schools in the area as well as two secondary schools within walking distance of the properties.

Portfolio of 3 Tenanted Flats located within popular residential area of Renfrew. Immediate Income of 12,360. Ideal investment opportunity for landlord/property investor looking to expand portfolio. 24E Kirklandneuk Road, Renfrew, PA4 9DR - 2 bedroom flat currently tenanted at 350PCM (4,200 Per Annum) tenant has been in situ since 2005. 30 Canal Street, Flat 3-1, Renfrew, PA4 8QD - 1 bedroom flat currently tenanted at 350PCM (4,200 Per Annum) tenant has been in situ since July 2020. Building is factored by Hacking and Paterson. 4 Houston Street, Flat 2-1, Renfrew, PA4 8NR - 1 bedroom flat currently tenanted at 330PCM (3,960 Per Annum) long term tenant. Building is factored by Indigo Square. Local Sales Evidence; 95 Kirklandneuk Road, Renfrew, PA4 9DR - 2 bed previously SOLD for 91,000 in Sept 2019*** 4 Canal Street, Renfrew, PA4 8QD - 1 bed previously SOLD for 87,000 in March 2018*** 10 Houston Street, Renfrew, PA4 8NR previously SOLD for 46,000*** There are excellent transport links with local bus service connecting to Renfrew, Paisley and Glasgow. Renfrew offers local shopping, schooling and public transport facilities. There are a number of Primary schools in the area as well as two secondary schools within walking distance of the property. Vibrant and cosmopolitan residential district conveniently located for the social hub at nearby INTU and SOAR at Braehead with excellent shopping and entertainment amenities and an abundance of well know shops and brand names. There is also a cinema, snow dome and ice rink all with free car parking. Furthermore, M8 motorway links Glasgow International Airport, Paisley and Glasgow City Centre are all very accessible.

Renfrew offers many local shops and amenities both in the town centre and along Paisley Road. There are excellent transport links with local bus service connecting to Renfrew, Paisley and Glasgow. Renfrew offers local shopping, schooling and public transport facilities. There are a number of Primary schools in the area as well as two secondary schools within walking distance of the properties. Vibrant and cosmopolitan residential district conveniently located for the social hub at nearby INTU and SOAR at Braehead with excellent shopping and entertainment amenities and an abundance of well know shops and brand names. There is also a cinema, snow dome and ice rink all with free car parking. Furthermore, M8 motorway links Glasgow International Airport, Paisley and Glasgow City Centre are all very accessible.

Show More

Tenancy Details

Type of Agreement: Basic Lease
Length:
Rent: 12,360 per year / 1,030 per month
Yield: 10% (approx)
Tenant: Private Individual
Notes:

Document Downloads

HOME REPORT (Available) LEGAL PACK (Available)

Location

Pricing Information & Bidding

Guide Price: £125,000


What is a Guide Price... Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change prior to the auction.

Offer Now... You may submit an offer now on this property for the owner to consider ahead of the set auction. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

Submit Offer Now

Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 2.5% of Sale Price (Minimum £2,500 + vat)

* STANDARD TERMS are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

Auction Details

Date & Time: 16 April 2021, 4pm
Type: Deadline for Offers

View Full Auction Catalogue

Similar Properties


Lot 13
£61,000 OPENING BID
  • TURN KEY INVESTMENT. Ready to let three bedroom property located within the extremely pop...
Lot 10
£5,000 OPENING BID
  • One Bedroom upper Flat close to town centre and Tesco superstore. Walking distance to tra...
Lot 145
£29,000 GUIDE PRICE
  • IDEAL INVESTMENT PROPERTY in perfect rental location. TWO bedroom Ground Floor Flat in gr...