2 bedroom apartment

Wren Road, Greenock PA167BS

Size: sqm

Purchase price

£56,000

Size: sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £4,372
Service charge £283
Net income £4,089
Gross yield 7.81%
Net yield 7.30%

Yieldit are pleased to bring to the market this lucrative investment, being sold with a tenant in situ yielding an impressive 7.3% NET. Set in a very popular residential location, Wren Road is in excellent condition having been recently refurbished, rewired and having had new central heating installed. The top floor apartment consists of two bedrooms, an open plan living room with large double-glazed window, fitted kitchen with integrated appliances, a modern family bathroom with three-piece suite and handy storage spaces.

Wren Road is located in Greenock, Inverclyde in the West of Scotland. In the immediate vicinity are all of the amenities a tenant could need along with good schooling, convenient transport links and popular high street shops can be found at Greenock high street along with several supermarkets and restaurants. The area is home to plenty of parks and leisure facilities which include The Waterfront Leisure Complex which boasts a state of the art fitness gym, health suite, leisure pool, training pool, and ice rink. The motorway network is within easy reach for travel to the city of Glasgow and destinations further afield.

Inverclyde is well regarded as the best value area for property in the West of Scotland, it’s an excellent place to live, visit and work where investors can enjoy fantastic entry prices and residents can save money on accommodation and the cost of living whilst being within commutable distance of Glasgow. In addition to this, sold prices within the postcode of PA16 7BS have increased by 13% since 2014 so not only are the rental yields strong but so is the capital growth potential making it a solid investment. Greenock is set to be benefit from £4.5million of investment in it’s high street and is becoming increasingly attractive to technology companies, such as EE who have based their customer care department there, so investing in property there is an unmissable opportunity.

ATTENTION INVESTORS - GENERATE INSTANT INCOME ON THIS TENANTED INVESTMENT! Two bedroom flat prices below the home report value yielding above 7% NET, don't miss out and enquire today.

Interested in this property? Enquire today for more information

Key features

Key features

Tenanted investment opportunity

Key features

Yielding an impressive 7.3%

Key features

Not suitable for owner occupiers

Key features

Tenant in situ

Key features

Two bedroom apartment

Key features

Located on the first floor

Key features

Recently redecorated and refurbished

Key features

Modern fully-fitted kitchen and bathroom

Key features

Freehold

ATTENTION INVESTORS - GENERATE INSTANT INCOME ON THIS TENANTED INVESTMENT! Two bedroom flat prices below the home report value yielding above 7% NET, don't miss out and enquire today. More info...

Yieldit are pleased to bring to the market this lucrative investment, being sold with a tenant in situ yielding an impressive 7.3% NET. Set in a very popular residential location, Wren Road is in excellent condition having been recently refurbished, rewired and having had new central heating installed. The top floor apartment consists of two bedrooms, an open plan living room with large double-glazed window, fitted kitchen with integrated appliances, a modern family bathroom with three-piece suite and handy storage spaces.

Wren Road is located in Greenock, Inverclyde in the West of Scotland. In the immediate vicinity are all of the amenities a tenant could need along with good schooling, convenient transport links and popular high street shops can be found at Greenock high street along with several supermarkets and restaurants. The area is home to plenty of parks and leisure facilities which include The Waterfront Leisure Complex which boasts a state of the art fitness gym, health suite, leisure pool, training pool, and ice rink. The motorway network is within easy reach for travel to the city of Glasgow and destinations further afield.

Inverclyde is well regarded as the best value area for property in the West of Scotland, it’s an excellent place to live, visit and work where investors can enjoy fantastic entry prices and residents can save money on accommodation and the cost of living whilst being within commutable distance of Glasgow. In addition to this, sold prices within the postcode of PA16 7BS have increased by 13% since 2014 so not only are the rental yields strong but so is the capital growth potential making it a solid investment. Greenock is set to be benefit from £4.5million of investment in it’s high street and is becoming increasingly attractive to technology companies, such as EE who have based their customer care department there, so investing in property there is an unmissable opportunity.

  • Key features
    Tick Desktop Tenanted investment opportunity
    Tick Desktop Yielding an impressive 7.3%
    Tick Desktop Not suitable for owner occupiers
    Tick Desktop Tenant in situ
    Tick Desktop Two bedroom apartment
    Tick Desktop Located on the first floor
    Tick Desktop Recently redecorated and refurbished
    Tick Desktop Modern fully-fitted kitchen and bathroom
    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 £4,372
Service charge £283
Net income £4,089
Gross yield 7.81%
Net yield 7.30%

*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.