Broomlands Street Paisley, PA1

1 bedroom Flat in Paisley

Sold
Offers Over £25,000
Current Yield 9.4 %
Potential Yield 17.1 %
Property Reference: 190052829
  • Flat
  • 1 Bedrooms
  • 1 Bathrooms
  • 1 Receptions
  • 29 sq m

Property Features

Property Features

  • Buy-to-Let Opportunity
  • Long Term Tenant Currently Situated
  • Likely to attract enquiries from Serious Investors & Developers
  • Great Rental Returns
  • Open Plan Lounge
  • Perfect Location in Paisley for Those Wanting to Rent
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Property Information

Full Details

This property is a well proportioned flat located within Paisley Town Centre. It has a long term tenant currently situated that has taken great care of the space and is able to generate a fantastic rental income - it will make for a fantastic addition to an investor portfolio!

This home is neutrally decorated throughout and features 1 bedroom, a three-piece bathroom, a spacious lounge and kitchen.

Investment details

The property currently produces an annual gross income of £3,300 which could be increased by the new owner to a market rate of £6,000 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 has 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 local brick & mortar businesses as well more significant & desirable amenities like Primary & Secondary Schools, 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 two primary train stations in close proximity to the property (Paisley Gilmour Street & Paisley Canal), travel into Glasgow City Centre and other surrounding areas is direct and easy.

Living Space/lounge

The lounge makes for an ample and cosy living area with plenty of space for furniture and gatherings.

Kitchen

The kitchen is just the ideal size for the occupant.

Bathroom

A three-piece bathroom is found that consists of a wash basin, W.C. and bathtub with an electric shower.

Bedrooms

The bedroom is a good size with enough room for a double bed, bedroom furniture and storage cabinets.

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: A
Property Reference: 190052829

Investment Checklist

  • Tenancy Status: Tenanted
  • Current Rent pcm: £275
  • Potential Rent pcm: £500
  • Tenancy Agreement in place: Yes
  • Tenancy Compliance in place: Yes
  • Current Term of Tenancy: 2 years +
  • Tenants means of funding: Employment
Property Reference: 190052829
Property Reference: 190052829

Property Location

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Request DetailsBroomlands Street Paisley, PA1

Offers Over £25,000

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Broomlands Street Paisley, PA1

Listing Price

Offers Over £25,000

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.