>
1 bedroom flat for sale
0/1 4 Muir Street, Renfrew, PA4 8PN
£25,000
0/1 4 Muir Street, Renfrew, PA4 8PN
£25,000
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 opportunity for investors or homeowners. 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. This would produce a yield of 11.9%-12.9% if purchased at the guide price. The property is located in a sought-after area, with local sales evidence showing similar properties selling for £71,000-£74,500. With its high cash flow and potential for capital growth, this property is sure to appeal to shrewd investors and homeowners looking for a great opportunity.