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Fyffe Place Russell Street, Johnstone... 2 bed flat for sale
Fyffe Place Russell Street, Johnstone PA5
£55,000
Fyffe Place Russell Street, Johnstone PA5
£55,000
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 Details29 August 2025, 12pm Deadline for OffersHow 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: 29 August 2025
Description
This is a turnkey investment opportunity in a 2-bedroom upper tenement flat located in the heart of Johnstone, Renfrewshire. The property is currently tenanted and has a current rent of £450 per calendar month, with the tenant served notice. The flat requires some remedial works due to water ingress, but has good potential for rental uplift post-completion. The property features a gas central heating system, UPVC double glazing, and well-maintained communal areas. Johnstone is a popular town with a range of amenities, and the property's location is ideal for investors. Comparable sales in the area have achieved prices of up to £65,000, making this a potentially lucrative investment opportunity. The property will be auctioned on August 29th, with a deadline for offers at 12pm.