One-bedroom tenanted flat in Helensburgh

This tenanted residential property is situated on West Princes Street in Helensburgh. The property comprises an entrance hallway, living room, double bedroom, kitchen, and bathroom. The property is currently rented at £279 per month or £3,348 per annum, representing a 22% yield if achieved at guide price, with potential to achieve a market rent of £475 to £525 per month (£5,700 to £6,300 per year), producing an estimated yield of 22.8% to 25.2%. Local sale evidence includes 28 Flat 2/3, John Street, Helensburgh, G84 8BN which sold for £98,715, and 12, Princes Court, Helensburgh, G84 8BN which sold for £90,550. The property is situated in an attractive location close to local amenities and transport links. Helensburgh is a charming coastal town located in Argyll and Bute, Scotland, nestled on the north shore of the Firth of Clyde. Founded in the late 18th century and named after the wife of Sir James Colquhoun, the town developed as a fashionable resort for wealthy Glasgow residents. Helensburgh is best known as the birthplace of John Logie Baird, the inventor of television, and for Charles Rennie Mackintosh's architectural masterpiece, Hill House. The town features an elegant grid pattern layout with wide, tree-lined streets sloping down to the esplanade offering spectacular views across the Clyde estuary. With its blend of Victorian and Edwardian architecture, beautiful parks, and proximity to both the Scottish Highlands and Glasgow, Helensburgh maintains its historical charm while serving as an attractive residential area and tourist destination.