0141 674 1833

Causeyside Street, Paisley, PA1 1YT

1 bedroom Flat in Paisley

Sold
Fixed Price £47,000
Current Yield 8 %
Potential Yield 9.5 %
Property Reference: 185135990
  • Flat
  • 1 Bedrooms
  • 1 Bathrooms
  • 1 Receptions
  • 44 m2

Property Features

Property Features

  • Buy-to-Let Opportunity
  • Long Term Tenant Currently Situated
  • Likely to attract enquiries from Serious Investors & Developers.
  • HUGE RENTAL RETURNS
  • Spacious Rooms
  • Three-Piece Bathroom
  • Paisley Town Centre Location - Perfect For Renters!
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Property Information

Full Details

A well proportioned flat located within the Paisley Town Centre. It has a long term tenant that is hoping to remain in the property.

This well-kept 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 £4,560 which could be increased by the new owner to a market rate of £5,400 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 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

Filled with natural daylight thanks to the large front window, the lounge makes for an ample living area with plenty of space for furniture and gatherings. It has a carpeted floor, a built-in storage cabinet and is in good condition.

Kitchen

The kitchen is a good size and has been kept in good condition by the tenant.

Bathroom

The three-piece bathroom consists of a wash basin, W.C. and bathtub with overhead shower attachment.

Bedroom

The bedroom is a fantastic size with more than enough room for a king sized bed, bedroom furniture and storage cabinets. It has it's own built-in storage cupboards, carpeted flooring and double glazed windows.

Let Property Sales 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 refunded in the event of non completion.

Helpful Information

Property Reference: 185135990

Investment Checklist

  • Tenancy Status: Tenanted
  • Current Rent pcm: 380
  • Potential Rent pcm: 450
  • Tenancy Agreement in place: Yes
  • Tenancy Compliance in place: Yes
  • Current Term of Tenancy: 2 years+
  • Tenants means of funding: Details Not Collected
Property Reference: 185135990
Property Reference: 185135990

Property Location

Similar Properties

  • Marquis Road
    Aberdeen
    Offers Over £49,000
    • 1
    • 1
    Current Yield: 15%
    Potential Yield: 15%
    View Property
  • Floorsburn Crescent
    Johnstone
    Offers Over £54,000
    • 2
    • 1
    • 1
    Flat
    Current Yield: 10.4%
    Potential Yield: 13.5%
    View Property
  • Thornhill
    Johnstone
    Offers Over £53,000
    • 2
    • 1
    • 1
    Flat
    Current Yield: 10.9%
    Potential Yield: 13.6%
    View Property
  • Lulworth Court
    Dundee
    Offers Over £36,500
    • 3
    • 1
    Flat
    Current Yield: 10.3%
    Potential Yield: 14.1%
    View Property

Request DetailsCauseyside Street, Paisley, PA1 1YT

Fixed Price £47,000

Make an offer
Causeyside Street, Paisley, PA1 1YT

Listing Price

Fixed Price £47,000

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.