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Description

  • Status: Available
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Tenanted
  • Bedrooms: 1
  • Council Tax: Search

**TURN KEY INVESTMENT** Tenanted one bedroom modern flat located close to Historic Renfrew Town Centre. Current RENTAL INCOME at £425 per calendar month. IDEAL FOR INVESTOR LANDLORD

Internally comprising of Hall, lounge, Fitted kitchen, bedroom and bathroom. Property is in good order throughout - LONG TERM TENANT - ideal for professional workers located in Paisley or Renfrew.

Further benefits from GAS CENTRAL HEATING off combi boiler, timber double glazing, off road parking and well maintained communal areas. RENTAL INCOME £5100 per Annum.

HIGH DEMAND LOCALLY - Renfrew is a town of Historic repute as "Cradle of the Stewarts" the former Royal house of Scotland, and is the main Governance town for Renfrewshire (population 179,000).

**COMPARABLE SALES**1 Bed Paisley Road, same block, sold 2022 at £55,000**1 Bed Modern flat Porterfield Road currently marketed o/o £85,000**1 Bed 7c Paisley Road sold 2024 at £68,000**

**TURN KEY INVESTMENT** Tenanted one bedroom modern flat located close to Historic Renfrew Town Centre. Current RENTAL INCOME at £425 per calendar month. IDEAL FOR INVESTOR LANDLORD. Further benefits from GAS CENTRAL HEATING off combi boiler, timber double glazing, off road parking and well maintained communal areas. RENTAL INCOME £5100 per Annum. Further benefits from GAS CENTRAL HEATING off combi boiler, timber double glazing, off road parking and well maintained communal areas. RENTAL INCOME £5100 per Annum. HIGH DEMAND LOCALLY - Renfrew is a town of Historic repute as "Cradle of the Stewarts" the former Royal house of Scotland, and is the main Governance town for Renfrewshire (population 179,000).**COMPARABLE SALES**1 Bed Paisley Road, same block, sold 2022 at £55,000**1 Bed Modern flat Porterfield Road currently marketed o/o £85,000**1 Bed 7c Paisley Road sold 2024 at £68,000**

Renfrew is a well-populated town, roughly 8 miles from Glasgow City Centre and easily accessed via the M8. Its close proximity to the city, as well as wide range of amenities including the Braehead Shopping Centre and Xsite Centre, makes it a busy town with a high tenant demand. Excellent access to Glasgow Airport, Reid Kerr and Cardonald Colleges, Glasgow / Strathclyde & Caledonian Universities. Renfrew itself offers local shopping, schooling and public transport facilities. There are a number of Primary schools in the area as well as two secondary schools within walking distance of the property. Paisley Road is the main thoroughfare to the town of Paisley, with its plethora of amenities.

Full Address: 154B Paisley Road, Renfrew, PA4 8DA

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Map & Location

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Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length:
Rent: £5,100 per year / £425 per month
Yield: 11% (approx)
Tenant: Private Individual
Notes:

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Pricing Information & Bidding

Opening Bid: £48,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

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Auction Details

Date & Time: 21 August 2025, 10am-3pm
Type: Timed Online Auction

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