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Fyffe Place Russell Street, Johnstone... 2 bed flat for sale
4, Fyffe Place Russell Street, Johnstone, PA58BZ
£40,000
4, Fyffe Place Russell Street, Johnstone, PA58BZ
£40,000
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 Details04 September 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: 04 September 2025
Description
This is a turnkey investment opportunity for a 2-bedroom upper tenement flat located in the heart of Johnstone, Renfrewshire. The property is currently tenanted, with the current tenant serving notice at £450 per calendar month, providing a potential uplift in rental income after some remedial works to address internal water ingress. The flat features a hall, lounge, fitted kitchen, two bedrooms, and a bathroom, and benefits from gas central heating, UPVC double glazing, and well-maintained communal areas. With a long-term tenant vacating, this is an ideal opportunity for an investor landlord to capitalize on the prime rental location and potential for increased rental income. The property is situated in a popular town with an abundance of amenities, and is easily accessible via the A737 and M8 motorway.