What is a Sourced Approved Investment?
These properties have been carefully sourced and packaged by experienced property investment specialists and trusted Sourced Partners.
- Pre-vetted for investment potential
- Due diligence carried out
- Tailored for investor goals
- Backed by Sourced's expertise and network
Key financials
Profit pa£5,550
ROCE53%
Yield13%
Purchase £ £44,495
Property description
Strategy: Buy to Let
High Yield BMV BTL - Tenant in Situ (Glasgow)
A strong opportunity to acquire a high‑yielding freehold investment property with a tenant already in place, offering immediate rental income.
Situated in the heart of Renfrew town centre, the property benefits from excellent access to local amenities and strong transport links to Glasgow city centre. Public transport connections are close by, with the nearest train station approximately 7 minutes’ drive, and Glasgow International Airport within 5 minutes, making this an attractive location for professional tenants.
The property is a top‑floor, one‑bedroom flat extending to approximately 53 sq m, combining everyday convenience with long‑term investment appeal. Accommodation comprises a communal entrance hallway, spacious lounge, modern fitted kitchen, comfortable double bedroom, and a shower room. Further benefits include gas central heating and double glazing throughout.
Parking: ample unrestricted on street parking, Garden: rear communal garden area
EPC rating: C
Tenure: Freehold (absolute ownership)
Rental Income
Current rent: £400 pcm.
After minimal modernisation, rent aligned with market value: £650 pcm \ £7,800 pa
The key financials below are including the minimal modernisation and the rent increase expected as a result.
Key Financials - Cash purchase:
▪ Purchase Price: £39,995
▪ GDV: £60,000
▪ Annual profit: £5,550
▪ ROCE: 53%
▪ Yield: 13%
For further information or to discuss this opportunity in more detail, please get in touch.
Sourced reference: 948472239583228
Due diligence
No information supplied.
Location
Disclaimer
Sourced endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and are not to be relied as statements of representation or fact. The selling agent may or may not be the sole agent and will provide confirmation upon request. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency given. All measurements have been taken as a guide and are not precise, please be aware some of the details may be waiting vendor approval. If you require confirmation or further information, please contact the selling agent. Fixtures and fittings are to be confirmed with the seller and not relied upon when listed. Sourced are not responsible for any loss of monies due to the purchase or purchase process with any property listed.
Key financials
Profit pa£5,550
ROCE53%
Yield13%
Purchase £ £44,495
Sales Agent
Michael Haguinet
August Place Property Ltd
Smart support to move your deal forward
Review the numbers
We've pre-crunched the figures for you.
What is a Sourced Approved Investment?
These properties have been carefully sourced and packaged by experienced property investment specialists and trusted Sourced Partners.
- Pre-vetted for investment potential
- Due diligence carried out
- Tailored for investor goals
- Backed by Sourced's expertise and network