Flat for sale in 26 Thomson Avenue, Johnstone PA5

• Prime Property Auctions New Entry. Large 1 bedroom flat located in Popular buy to let location of Johnstone. *** excellent brrr opportunity ***


• *** 26 Flat D, Thomson Avenue, Johnstone, PA5 8SU sold for £110,000 June 2023, Flat C, Ardenlea, Thomson Avenue, Johnstone, PA5 8SU sold for £87,000 October 2020 ***


• Property will require a degree of renovation prior to habitation. Once renovated the property will command £500 - £600 pcm, generating an annual income of £6,000 - £7,200.


• Once tenanted the property will generate an attractive gross yield of 13.3% - 16% at Guide price of £45,000.


• Johnstone itself offers local shopping, sports/recreational facilities and schooling. The neighbouring countryside caters for a wide range of sports/leisure activities

Prime Property Auctions New Entry. Large 1 bedroom flat located in Popular buy to let location of Johnstone. *** excellent brrr opportunity *** Property comprises: Entrance Hallway, Bedroom, Living room, Kitchen, bathroom and store room. Property benefits from Gas central heating, Double glazing and well kept communal gardens.

Property is sure to appeal to shrewd investor looking for a blank canvas looking for a fantastic rental with vast capital growth potential.

Local sales evidence:

*** 26 Flat D, Thomson Avenue, Johnstone, PA5 8SU sold for £110,000 June 2023, Flat C, Ardenlea, Thomson Avenue, Johnstone, PA5 8SU sold for £87,000 October 2020 ***

Property will require a degree of renovation prior to habitation. Once renovated the property will command £500 - £600 pcm, generating an annual income of £6,000 - £7,200. Once tenanted the property will generate an attractive gross yield of 13.3% - 16% at Guide price of £45,000.

Excellent brrr Opportunity. Sure to appeal to investors looking for an easy lettable flat in a sought after location with great potential for Capital Growth. The local areas seen some great sales recently showing that there is strong demand.

Property has a Guide price of £45,000 and is sure to appeal to investors looking for a property that they can put their own stamp on.

Potentially high yielding investment property.

This lot is open to immediate offers. Should you wish to offer now, you can do so via our “Offer Now” 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:

Johnstone itself offers local shopping, sports/recreational facilities and schooling. The neighbouring countryside caters for a wide range of sports/leisure activities including fishing, golf and all equestrian pursuits. The property is located near to Johnstone Railway Station, providing excellent transport links to Paisley (5 minutes); Glasgow (15-20 minutes) and throughout Ayrshire including Prestwick International Airport. 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.