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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. IMMEDIATE RETURN ON INVESTMENT***
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.
Tenancy Details
Type of Agreement: Basic LeaseLength:
Rent: £10,200 per year / £850 per month
Yield: 10% (approx)
Tenant: Private Individual
Notes: £850pcm
Maps & Location
Map Street View SatelliteElderslie 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.
Document Downloads
Pricing Information & Bidding
Opening Bid: £100,000
What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price). How to Bid... To take part in the online auction you must firstly create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest Online Auction Bidders Guide now.View Live Online Auction
Offer Now... You may submit an offer now on this property for the owner to consider. 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 & Conditions of Sale
- 10% Deposit (Minimum £3,000)
- Standard Completion (Unless specified differently in any Special Conditions of Sale)
- Buyers Fee = 1% of Sale Price (Minimum £2,500 + vat)
Use our DEPOSIT CALCULATOR to confirm the reservation deposit & buyers fee for this property at a specified bid level.
Calculate Deposit & Fee
STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request an earlier or later completion date which will be detailed in any Special Conditions of Sale for this lot. Buyers must satisfy themselves prior to bidding as to the terms on offer for each property which may differ in deposit amount, completion and buyers fee.
* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.
General Terms & Conditions of Sale
Lot Specific Terms - 4Kings Road, Flat 3-1, Elderslie