0141 674 1833

3J, Broadloan Renfrew, PA4 0SA

1 bedroom Flat in Renfrew

For Sale
Offers Over £49,000
Current Yield 9.1 %
Potential Yield 9.6 %
Property Reference: 186828708
  • Flat
  • 1 Bedrooms
  • 1 Bathrooms
  • 1 Receptions
  • 51 sq m

Property Features

Property Features

  • Buy-to-Let Opportunity
  • Long Term Tenant Currently Situated
  • Likely to attract enquiries from Serious Investors & Developers
  • Spacious Lounge
  • Modern Kitchen Fittings
  • Ideal Rental Location in Renfrew With Easy Access to Amenities
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Property Information

Full Details

This property is a well proportioned 1 bedroom flat located in Renfrew. It has a tenant currently situated that has taken good care of the space and is able to generate a fantastic rental return - it would be the perfect addition to an investors property portfolio!

This home is neutrally decorated throughout and features 1 bedroom, a three-piece bathroom, a spacious lounge and kitchen.

Investment details

The property currently produces an annual gross income of £4,200 which could be increased by the new owner to a market rate of £5,100 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested in viewing the Home Report, please call us.

Tenancy Details

The current tenant has lived in the property for several years and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.

Location

Surrounding the property you will various local amenities such as convenience stores, local service businesses, cafes, restaurants and leisure facilities that are all within walking distance. The Renfrew town centre is also within a short drive or walk of the property which makes available countless more amenities such as this.

The property is located A741 main road which leads directly onto the M8 Motorway and into Paisley. With this, the tenants can easily travel to surrounding areas such as Erskine, Hillington and even Glasgow City Centre.

Living Space/lounge

Filled with natural daylight thanks to the windows, the lounge is a great space with plenty of room for furniture and gatherings.

Kitchen

The kitchen has modern fittings and has been well kept by the tenant.

Bathroom

A three-piece bathroom is found in the property that consists of a wash basin, W.C. and a walk-in shower.

Bedroom

The bedroom is a good size with enough room for a king sized bed, bedroom furniture and storage cabinets.

Let Property are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is fully refundable in the event of non-completion at no fault of your own.

Helpful Information

Council Tax Band: A
Property Reference: 186828708

Investment Checklist

  • Tenancy Status: Tenanted
  • Current Rent pcm: £400
  • Potential Rent pcm: £425
  • Tenancy Agreement in place: Yes
  • Tenancy Compliance in place: Yes
  • Current Term of Tenancy: 5 years +
  • Tenants means of funding: Employment
Property Reference: 186828708
Property Reference: 186828708

Property Location

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Request Details3J, Broadloan Renfrew, PA4 0SA

Offers Over £49,000

Make an offer
3J, Broadloan Renfrew, PA4 0SA

Listing Price

Offers Over £49,000

Disclaimer
All offers are submitted to the seller for approval. On acceptance of your offer you will be required to instruct a solicitor for Legal Acceptance of your offer. A fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion. Terms and payment details will be provided upon verbal acceptance of your offer.