Initial price	£40,000
09/07/25	£30,000
10/07/25	£25,000
Price Change	-37.50%

This prime 1-bedroom flat is located in a sought-after area of Renfrew, Scotland, and is being sold at auction. The property requires renovation and is expected to attract a monthly rental of £595-£645, generating a gross income of £7,140-£7,740 per annum. With a guide price, this would produce a yield of 11.9%-12.9%. The property is situated in a popular rental area, making it an excellent opportunity for investors looking for a high-yielding investment. Local sales evidence suggests that similar properties in the area have sold for £74,500 and £71,000. The property will be featured in an upcoming timed online auction, and interested buyers can participate by creating a bidding account. Renfrew is a historic town with a rich heritage, offering a unique blend of old and new, with modern developments and connections to its past.