2 bedroom apartment

Binnie Street, PA19 1JS

Size: 70 sqm

Purchase price

£120,000

Size: 70 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £6,600
Service charge £150
Lettings fees £828
Net income £5,622
Gross yield 5.5%
Net yield 4.69%

GREAT INVESTMENT OPPORTUNITY, LONG TERM TENANT, GREAT CONDITION 2 BEDROOM APARTMENT WITH PERIOD FEATURES


ATTENTION INVESTORS, this already tenanted property offers a fantastic return of 5.36% net. Situated in an ideal location close to local amenities and transport links, it’s also just a short drive from the town center.

Situated on the 1st floor of this period property this 2 bedroom apartment offers the owner the opportunity to aquire a ready made investment in a desirable location close to local shops and transport links with great views over the Clyde never far away. Off the main hallway you can find 2 double bedrooms with large windows which allows light to flood in making the space feel both light and airy. The living space is well proportioned and comprises of a fully fitted kitchen and an accompanying dining area with plenty of space for a generous sofa and room to relax.

The current tenants have been in for several months and would love to remain in the property long term. This investment is both low maintenance and hands off, perfect for any investor based both locally and further afield. The Scottish economy has been growing in recent years and job creation in the local market is very strong. More recently Amazon opened a distribution centre at Faulds Park, an industrial estate to the south of the town. The Amazon building was originally occupied by Mimtec who manufactured PC products in high volumes for IBM. Don’t miss out, Inquire today!

Interested in this property? Enquire today for more information

Key features

Key features

Allocated Parking

Key features

Spacious Rooms

Key features

Long Term Tenants

Key features

New Kitchen

Key features

Period Features

Key features

Large Windows

Key features

Central Location

Key features

Share of Freehold

Key features

Excellent Managing Agent

Key features

Freehold

GREAT INVESTMENT OPPORTUNITY, LONG TERM TENANT, GREAT CONDITION 2 BEDROOM APARTMENT WITH PERIOD FEATURES More info...

ATTENTION INVESTORS, this already tenanted property offers a fantastic return of 5.36% net. Situated in an ideal location close to local amenities and transport links, it’s also just a short drive from the town center.

Situated on the 1st floor of this period property this 2 bedroom apartment offers the owner the opportunity to aquire a ready made investment in a desirable location close to local shops and transport links with great views over the Clyde never far away. Off the main hallway you can find 2 double bedrooms with large windows which allows light to flood in making the space feel both light and airy. The living space is well proportioned and comprises of a fully fitted kitchen and an accompanying dining area with plenty of space for a generous sofa and room to relax.

The current tenants have been in for several months and would love to remain in the property long term. This investment is both low maintenance and hands off, perfect for any investor based both locally and further afield. The Scottish economy has been growing in recent years and job creation in the local market is very strong. More recently Amazon opened a distribution centre at Faulds Park, an industrial estate to the south of the town. The Amazon building was originally occupied by Mimtec who manufactured PC products in high volumes for IBM. Don’t miss out, Inquire today!

  • Key features
    Tick Desktop Allocated Parking
    Tick Desktop Spacious Rooms
    Tick Desktop Long Term Tenants
    Tick Desktop New Kitchen
    Tick Desktop Period Features
    Tick Desktop Large Windows
    Tick Desktop Central Location
    Tick Desktop Share of Freehold
    Tick Desktop Excellent Managing Agent
    Key features

    Freehold

  • LocationLocation
  • EPCEPC

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £6,600
Service charge £150
Lettings fees £828
Net income £5,622
Gross yield 5.5%
Net yield 4.69%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.