1 bedroom flat for sale

Prime Property Auctions New Entry. Large 1 bedroom ground floor flat located in the popular Kilbarchan. *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. Fantastic Capital growth potential.Property has a market rental value of £475 - £575. This would generate an annual income of £5,700 - £6,900. Fantastic Gross potential yield of 10.4% - 12.5% If achieved for Guide price £55,000.Good location in this conservation village with easy access to the A737 and within walking distance of train station

 



Prime Property Auctions New Entry. Large 1 bedroom ground floor flat located in the popular Kilbarchan. *HOME REPORT VALUATION £75,000 *. Property comprises; Entrance Hallway, Bathroom, galley kitchen, Large living room and bedroom. Property has a market rental value of £475 - £575. This would generate an annual income of £5,700 - £6,900. Fantastic Gross potential yield of 10.4% - 12.5% If achieved for Guide price £55,000.



 



Property will require a small degree of renovation to unveil its true potential. Fantastic Capital growth potential. * 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 *



 



This property is sure to appeal to investors looking for a property that would suit the BRRR strategy, with a Guide Price of £55,000 and a home report valuation of £75,000 in current condition. Early Offers considered.



Property has a market rental value of £475 - £575. This would generate an annual income of £5,700 - £6,900. Fantastic Gross potential yield of 10.4% - 12.5% If achieved for Guide price £55,000.



 



Property is currently tenanted at a low rent of £70 per week.



This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Make an Offer” button on our website.



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. For further details on how to have a bidding account created please contact the team.



 



Location:



Kilbarchan is an historic conservation village which offers a range of local shops and facilities and is an ideal base for the commuting client, being adjacent to the by-pass which links up with the M8 motorway for connection to Glasgow International Airport, Paisley, Braehead shopping centre, Glasgow city centre and southwards to the Ayrshire coastline. Further shopping facilities can be found in the nearby town of Johnstone which will more than adequately cater for everyday needs and requirements. There is also a train station nearby at Milliken Park, with additional park and ride facilities available at Johnstone and Howwood.