Muir Street, Renfrew PA4 1 bed flat for sale

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Muir Street, Renfrew PA4 1 bed flat for sale

0/1 4 Muir Street, Renfrew, PA4 8PN
£40,000

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 2-bedroom terraced property is located in a sought-after area of Renfrew, Scotland, and is being offered for sale at a guide price. The property requires renovation and has the potential to generate a high yield as a rental investment. With a monthly rental value of £595-£645, the property could produce a gross income of £7,140-£7,740 per annum, resulting in a yield of 11.9%-12.9%. The property is situated in a popular rental area, making it an attractive opportunity for first-time investors or those looking for a high cashflow investment. The location is also ideal for those looking for a home, with Renfrew offering a mix of historic charm and modern amenities. Local sales evidence suggests that similar properties in the area have sold for £71,000-£74,500, making this a prime opportunity for investors and homeowners alike.