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1 bedroom flat for sale
20 Easwald Bank, Flat A Kilbarchan, Johnstone, Renfrew, PA10 2AL
£43,000
20 Easwald Bank, Flat A Kilbarchan, Johnstone, Renfrew, PA10 2AL
£43,000
Our Summary
- ***HOME REPORT VALUATION £75,000 ****** 20 Easwald Bank, Milliken Park, Johnstone, PA10 2AL sold for £91,750 March 2022, 21, 1/L Easwald Bank, Kilbarchan, Renfrewshire, PA10 2AL sold £85,000 December 2021 ***Property will require a small degree of renovation to unveil its true potential
- Property will require a small degree of renovation to unveil its true potential
- 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
A large 1-bedroom ground floor flat in the popular Kilbarchan area is being offered for auction with a guide price of £55,000. The property has a home report valuation of £75,000 and is currently tenanted at a low rent of £70 per week. The property requires a small degree of renovation to unveil its full potential, but it has a market rental value of £475-£575 per month, generating an annual income of £5,700-£6,900. The gross potential yield is estimated to be 10.4%-12.5% if achieved. The property has sold recently for £91,750 and £85,000 in nearby locations, indicating strong capital growth potential. Early offers are considered, and the property will feature in an upcoming timed online auction.