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Description

  • Status: Available
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Tenanted
  • Bedrooms: 2
  • Council Tax: Search

SUPER TENANTED INVESTMENT PROPERTY*** LARGE 2 bedroom penthouse apartment in quiet residential location within Elderslie, Renfrewshire.

Top floor flat comprises; Hallway, Open plan Living Room / Kitchen, Two Double Bedrooms and Bathroom.

Local Sales Evidence; 6e, Kings Road, Elderslie, Johnstone, Renfrewshire PA5 9LY previously SOLD for £198,000 in Feb 2024***

Currently LET at £850pcm (£10,200 Per Annum) PRIME INVESTMENT PROPERTY*** in HIGH RENTAL DEMAND LOCATION.

EXCELLENT RENTAL LOCATION close to Johnstone town centre and a short walk from the train station.

SUPER TENANTED INVESTMENT PROPERTY*** LARGE 2 bedroom penthouse apartment in quiet residential location within Elderslie, Renfrewshire. Top floor flat comprises; Hallway, Open plan Living Room / Kitchen, Two Double Bedrooms and Bathroom. Currently LET at £850pcm (£10,200 Per Annum) PRIME INVESTMENT PROPERTY*** in HIGH RENTAL DEMAND LOCATION. Local Sales Evidence; 6e, Kings Road, Elderslie, Johnstone, Renfrewshire PA5 9LY previously SOLD for £198,000 in Feb 2024*** EXCELLENT RENTAL LOCATION close to Johnstone town centre and a short walk from the train station. Properties in PA5 9LY had an overall average price of £259,875 over the last year. Overall, sold prices in PA5 9LY over the last year were 117% up on the previous year and 10% down on the 2007 peak of £289,750.

Elderslie offers primary schooling, good public transport facilities and local shopping, including the newly opened Morrison's superstore and Aldi's. The neighbouring countryside caters for a wide range of sports/leisure activities including fishing, golf and all equestrian pursuits. There is good access to the Braehead shopping centre, the Soar arena, and the M8 motorway network providing access to most major towns and cities throughout the central belt. Nearby, Johnstone has a larger selection of amenities including shops, supermarkets, schools and transport services. Bus and rail links give regular access throughout the area into Glasgow and further afield. The M8 motorway network is within a few miles and provides additional links to Glasgow International Airport, Intu Braehead Shopping Centre and Glasgow City Centre.

Full Address: 4 Kings Road, Flat 3-1, Elderslie, PA5 9LY

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Map & Location

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Tenancy Details

Type of Agreement: Basic Lease
Length:
Rent: £10,200 per year / £850 per month
Yield: 10% (approx)
Tenant: Private Individual
Notes: £850pcm

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Pricing Information & Bidding

Guide Price: £118,000


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.

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

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

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Auction Details

Date & Time: 06 June 2025, 12pm
Type: Deadline for Offers

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