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2 bedroom flat for sale
4, Fyffe Place, Flat 2-1, Johnstone, PA58BZ
£35,000
4, Fyffe Place, Flat 2-1, Johnstone, PA58BZ
£35,000
Our Summary
- Good potential for uplift in Rental, post works
- Some remedial works required internally due to some water ingress
- Long term tenant vacating giving rent income uplift
- *COMPARABLE SALES*2 Bed Tenement flat, Dmity Street sold 2025 £55,000*1 Bedroom Armour Street sold 2021 £61,000*2 Bed Tenement High Street sold 2021 £62,250*2b Dmity Street sold 2021 £65,000*Auction Details18 September 2025, 12pm Timed Online AuctionHow to Bid Now Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY
- Future Property Auctions - Scotland's Largest Land and Property Auction House
- AUCTION DATE: 18 September 2025
Description
This is a turnkey investment opportunity for a landlord, featuring a 2-bedroom upper tenement flat in the heart of Johnstone, Renfrewshire. The property is currently tenanted and the current tenant has served notice, with a rental income of £450 per calendar month. The flat requires some remedial works due to water ingress, but there is potential for an uplift in rental income after completing the necessary repairs. The property benefits from gas central heating, UPVC double glazing, and well-maintained communal areas. With a prime rental location and long-term tenant vacating, this is an ideal investment opportunity for a landlord. Comparable sales in the area have ranged from £55,000 to £65,000, making this a potential cash cow for the right investor. The property will be auctioned off on September 18th, 2025, as part of Future Property Auctions' online auction.