**Standout Features:**
- Price: £19,000 - sold at auction
- 1 bedroom, 1 bathroom ground floor flat in a Victorian building
- Requires full renovation due to significant fire damage
- High rental potential: estimated £550 per month, yielding over 34%
- Excellent mobile signal and fast broadband speeds
- Convenient access to local amenities and transportation
**Potential Concerns:**
- Significant restoration needed due to derelict condition from fire damage
- Available to cash buyers only
- Located in an area categorized as economically challenged
This Victorian ground floor flat in Neilston offers a unique investment opportunity for those looking to tap into the rental market. Priced at just £19,000, this property is a fixer-upper that requires complete renovation due to substantial fire damage, but it presents the potential for an impressive monthly rental income of approximately £550—yielding over 34% if acquired at the guide price.
Ideal for investors or first-time buyers with a vision, this property is located close to essential local amenities and well-connected public transport, ensuring easy access to everything the area has to offer. While the extensive repair work needed is a downside, the significant return on investment could make it a worthwhile project. Don't miss this chance to transform a derelict space into a profitable rental, as opportunities like this are seldom available for long!
