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Muir Street, Renfrew PA4 1 bed flat for sale
0/1 4 Muir Street, Renfrew, PA4 8PN
£15,000
0/1 4 Muir Street, Renfrew, PA4 8PN
£15,000
Our Summary
- 39, Canal Street, Renfrew, Renfrewshire PA4 8RN sold for £71,000*Property requires a degree of renovation
- Sure to appeal to an investor looking for an excellent auction property
- Property requires a degree of renovation
- This property is offered at a fantastic price to ensure an Auction sale
- The property will feature in our upcoming timed online auction
- To participate in the live auction, you must have a bidding account created
Description
This prime 1-bedroom flat in Renfrew, Scotland, is a fantastic investment opportunity or potential dream home. The property requires renovation, but once completed, it could attract a monthly rental of £595-£645, generating a gross income of £7,140-£7,740 per annum. The property benefits from ample storage and is located in a sought-after area with a high demand for rentals. Local sales evidence suggests that similar properties in the area have sold for £74,500 and £71,000, making this property a great value. The property is open to immediate offers and will feature in an upcoming timed online auction. With a potential yield of 11.9%-12.9%, this property is an excellent opportunity for shrewd investors looking for a high-yielding investment or a homeowner seeking their dream home.