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Fyffe Place, Flat 2
Fyffe Place, Flat 2-1, Johnstone PA5
£45,000
Fyffe Place, Flat 2-1, Johnstone PA5
£45,000
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 Details27 November 2025, 10am-3pm 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: 27 November 2025
Description
This is a turnkey investment opportunity in Johnstone, Renfrewshire, featuring a 2-bedroom upper tenement flat that is currently tenanted and generating £450 per month. The property requires some remedial works due to water ingress, but has potential for rental income uplift after completion. It boasts a gas central heating system, UPVC double glazing, and well-maintained communal areas. The current tenant is vacating, providing an opportunity for a rent increase. Johnstone is a popular town with local amenities and easy access to the M8 motorway. Comparable sales in the area have ranged from £55,000 to £65,000, making this property an attractive investment opportunity for a landlord. The property will be auctioned online on November 27, 2025, with bidding instructions available on the auctioneer's website.