0141 674 1833

Benn Avenue Paisley, PA1

2 bedroom Flat in Paisley

Sold
Fixed Price £88,000
Current Yield 5.7 %
Potential Yield 8 %
Property Reference: 188437313
  • Flat
  • 2 Bedrooms
  • 1 Bathrooms
  • 1 Receptions
  • 62.2 sq m

Property Features

Property Features

  • Buy-to-Let Opportunity
  • Long Term Tenants Currently Situated
  • Likely to attract enquiries from Serious Investors & Developers
  • Spacious Rooms
  • Paisley Town Centre Location - Perfect for Renters!
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Property Information

Full Details

This is a well proportioned 2 bedroom flat located within the Paisley Town Centre. It has long term tenants that are hoping to remain in the property and currently generates a rewarding rental income.

This home is neutrally decorated throughout and features 2 bedrooms, a three-piece bathroom, a spacious lounge & kitchen and an allocated parking space.

Investment details

The property currently produces an annual gross income of £6,000 which could be increased by the new owner to a market rate of £8,400 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested in viewing the Home Report, please call us.

Tenancy Details

The current tenant has lived in the property for several years and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.

Location

Surrounding the property you will find countless day-to-day amenities that such as bars, cafes, restaurants, leisure facilities, supermarkets and convenience stores as well the University of the West of Scotland campus and the Paisley Town Centre Shopping Centre.

The area also has fantastic main road links to the M8 motorway and with the Paisley Canal Train Station in close proximity to the property, travel into Glasgow City Centre and other surrounding areas is direct and easy.

Living Space/lounge

Filled with natural daylight thanks to the windows, the lounge makes for a great living area with plenty of space for furniture and gatherings.

Kitchen

The kitchen is a great size and would be ideal for a couple of occupants.

Bathroom

A three-piece bathroom is found in the property that consists of a wash basin, W.C. and bathtub with overhead shower attachment.

Bedroom

Both bedrooms are a good size with enough room for double sized beds, bedroom furniture and storage cabinets.

Exterior

External to the property you will find an allocated parking space.

Let Property are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is fully refundable in the event of non-completion at no fault of your own.

Helpful Information

Council Tax Band: C
Property Reference: 188437313

Investment Checklist

  • Tenancy Status: Tenanted
  • Current Rent pcm: £500
  • Potential Rent pcm: £700
  • Tenancy Agreement in place: Yes
  • Tenancy Compliance in place: Yes
  • Current Term of Tenancy: 5 years +
  • Tenants means of funding: Employment
Property Reference: 188437313
Property Reference: 188437313

Property Location

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Request DetailsBenn Avenue Paisley, PA1

Fixed Price £88,000

Make an offer
Benn Avenue Paisley, PA1

Listing Price

Fixed Price £88,000

Disclaimer
All offers are submitted to the seller for approval. On acceptance of your offer you will be required to instruct a solicitor for Legal Acceptance of your offer. A fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion. Terms and payment details will be provided upon verbal acceptance of your offer.