1 bedroom flat for sale

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1 bedroom flat for sale

20 Easwald Bank, Flat A Kilbarchan, Johnstone, Renfrew, PA10 2AL
£40,000

Price History

Initial price £43,000
25/05/24 £40,000
Price Change -6.98%

Description

A prime property auctions new entry, a large 1 bedroom ground floor flat located in the popular Kilbarchan area. The property has a home report valuation of £75,000 and is currently tenanted at a low rent of £70 per week. With a market rental value of £475 - £575, the property has the potential to generate an annual income of £5,700 - £6,900, offering a fantastic gross potential yield of 10.4% - 12.5% if achieved for the Guide price of £55,000. The property will require a small degree of renovation to unveil its true potential, but offers excellent capital growth potential. The property is open to immediate offers and will feature in an upcoming timed online auction.