For Sale By Auction | 14:00, 06 February 2025

Flat 2/1, 64 High Street, Johnstone, Renfrewshire PA5 8SG

*Guide | £42,500 (plus fees)

  • Flat
  • 2 Bedrooms
  • Tenure: Freehold

Call the team on 0141 339 4466 for more information

Auction Date

Thu 06/02/2025

Auction Time

14:00

Auction Venue

Radisson RED, 25 Tunnel Street • G3 8HL

Two bedroom flat.

Enjoy rental income from day one with this well presented tenanted flat in Johnstone town centre. Positioned on the second (top) floor, the accommodation comprises lounge, two bedrooms each with storage, modern kitchen with wall and base units, and bathroom with white suite and over bath shower. The tenant has occupied since September 2023, and the current rental income of £6,420 p.a offers rental income from day one and an outstanding rental yield in excess of 15% at Guide Price, with the potential to increase in line with current legislation. Not only that, instant equity is offered by the fantastic 23% discount against £55,000 Home Report valuation. Act quickly as this one won’t be available for long. Council Tax Band: B.

Tenure

Freehold

Area

Johnstone offers a range of local retail/leisure facilities and schooling, with a wide range of outdoor activities within the surrounding area. Johnstone Railway Station provides excellent transport links to Paisley, Glasgow and throughout Ayrshire. The M8 motorway network provides access to most major towns and cities throughout the central belt of Scotland, whilst Glasgow International Airport provides access to destinations further afield.

Energy Efficiency Rating (EPC)

Current Rating F

Local Authority

Renfrewshire Council

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - 3.6% inc VAT of the purchase price, subject to a minimum of £3600 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.