1 bedroom flat for sale
Key information
Property description & features
- Tenure: Freehold
- 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)
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.
Property information from this agent
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Property reference 186828708. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Let Property - Glasgow.
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Broadband availability and predicted speed: obtained from Ofcom on December 17, 2021
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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