Cardon Square, Renfrew, PA4 8AP

1 bedroom Flat in Renfrew

Under Offer
Offers Over £115,000
Current Yield 5.3 %
Potential Yield 6 %
Property Reference: 179943865
  • Flat
  • 1 Bedrooms
  • 1 Bathrooms
  • 1 Receptions
  • 64 m2

Property Features

Property Features

  • Buy-to-Let Opportunity
  • Long Term Tenant Currently Situated
  • Fantastic Condition
  • Open Plan Lounge
  • Modern Kitchen
  • Modern Bathroom
  • Perfect Location for Those Looking to Rent
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Property Information

Full Details

An immaculate bright and well proportioned flat located in a hot spot within Renfrew which has long term tenants that are hoping to remain in the property.

This well-kept home is neutrally and freshly decorated throughout and features gas-fired central heating, 1 large bedroom, a modern three-piece bathroom, a spacious lounge and a modern kitchen.

Investment details

The property currently produces an annual gross income of £6,900 which could be increased by the new owner to a market rate of £7,800 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 tenants have 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

The property located in the Renfrew Town Centre and is within walking distance of the Braehead Shopping Centre and Xsite Amusement Centre, all of which make available countless retail stores, supermarkets, restaurants, convenience stores, bars and cafes.

For the single occupant that is looking to rent, this location is perfect as it will be able to fulfil all of their needs.

The area also has fantastic main road links to the M8 motorway which makes travel to Glasgow City Centre and other surrounding areas quick and direct.

Living Space/lounge

Filled with an abundance of natural daylight thanks to the large French windows, the open-plan lounge makes for an ample living area with lots of space for furniture and family gatherings. It has a hardwood floor and is in immaculate condition.

Kitchen

The kitchen is a modern build and is the perfect size for those that occupy.

Bathroom

A spacious and modern three-piece bathroom is found to the rear of the property that consists of a wash basin, W.C. and bathtub with overhead shower attachment.

Bedrooms

The large bedroom is located to the rear of the property boasting fluffy carpeted flooring, built-in storage cupboards and more than enough space to fit a king size bed and small bedside cabinets.

Exterior

Allocated parking found external to the property building.

Let Property Sales 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 refunded in the event of non completion.

Helpful Information

Property Reference: 179943865

Investment Checklist

  • Tenancy Status: Tenanted
  • Current Rent pcm: 575
  • Potential Rent pcm: 650
  • Tenancy Agreement in place: Yes
  • Tenancy Compliance in place: Yes
  • Current Term of Tenancy: 1 Year - 2 Years
  • Tenants means of funding: Employment
Property Reference: 179943865
Property Reference: 179943865

Property Location

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Request DetailsCardon Square, Renfrew, PA4 8AP

Offers Over £115,000

Make an offer
Cardon Square, Renfrew, PA4 8AP

Listing Price

Offers Over £115,000

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.