Yieldit are pleased to present to the market the opportunity to purchase two
semi - detached properties in Johnstone, which is currently Scotland’s second -
fastest growing property market. Figures published in December 2022 revealed
that the average cost of a house in the Renfrewshire town had seen a rise of
almost a quarter in a year alone making now an exciting time to invest.
Both properties are available to be purchased individually or together and are
occupied by long term tenants, yielding an incredible 7. 63% making this a
truly unmissable investment opportunity. The semi - detached properties are well
kept throughout, and each consist of living room with large, double - glazed
window; fully - fitted kitchen; three bedrooms; three - piece bathroom suites;
front and back gardens.
Properties such as those on Bute Drive are increasing in popularity and value
due to the rise of demand for properties which are in a semi - rural location,
meaning residents can enjoy the benefit of a more peaceful base with more
green space whilst still being within easy reach of the hustle and bustle of
nearby cities. Bute Drive is just a short 20 - minute drive from Glasgow city
centre, making this an excellent location for tenants and residents who are
commuting to the city.
Glasgow has a thriving commercial centre and offers some of the best shopping
experiences outside of London, along with a huge selection of restaurants,
cafes and a huge cultural offering. Glasgow is to undergo the biggest
regeneration plan outside of London totalling £400million in regeneration
projects with its ‘City Deal’ which will transform the city and its economy
and bring new employment opportunities which, in turn, will drive the demand
for rental properties such as these and have a positive impact on rents and
property values. Enquire today to find out more about this fantastic
investment.
**Financial Breakdown**
Gross rent: £5, 724
Net income: £5, 724
Gross yield: 9. 16%
Net yield: 9. 16%
**Important Note To Purchasers**
*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general
outline only for guidance, and do not constitute any part of an offer or
contract. Neither Yieldit nor the vendor or lessor accept any responsibility
in respect of these particulars, which are not intended to be statements or
representations of fact and any intending purchaser must satisfy himself by
inspection or otherwise as to the correctness of each of the statements
contained in these particulars.
Yieldit ref: Yl - 07466

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