Wardrop Street, Paisley, PA1 2JA

3 bedroom Maisonette in Paisley

Sold
Offers Over £72,000
Current Yield 8.9 %
Potential Yield 10.5 %
Property Reference: 185136070
  • Maisonette
  • 3 Bedrooms
  • 1 Bathrooms
  • 1 Receptions
  • 82 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 Lounge & Kitchen
  • Large Bedrooms
  • Loft Conversion
  • Perfect Location in Paisley for Students & Working Professionals
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Property Information

Full Details

A bright and well proportioned maisonette flat located in the perfect rental location within Paisley. It has a long term tenant that is hoping to remain in the property.

This well-kept home is neutrally and freshly decorated throughout and features 3 bedrooms, a three-piece bathroom, a spacious lounge, modern kitchen and loft conversion space.

Investment details

The property currently produces an annual gross income of £7,140 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 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 and is in good condition.

Kitchen

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

Bathroom

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

Bedrooms

All bedrooms are a great size with enough room for double sized beds, bedroom furniture and storage cabinets, have hardwood flooring and have been kept in good condition by the tenant.

Exterior

External to the property building you will find resident permit parking.

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: 185136070

Investment Checklist

  • Tenancy Status: Tenanted
  • Current Rent pcm: 595
  • Potential Rent pcm: 700
  • Tenancy Agreement in place: Yes
  • Tenancy Compliance in place: Yes
  • Current Term of Tenancy: 2 years+
  • Tenants means of funding: Retirement
Property Reference: 185136070
Property Reference: 185136070

Property Location

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Request DetailsWardrop Street, Paisley, PA1 2JA

Offers Over £72,000

Make an offer
Wardrop Street, Paisley, PA1 2JA

Listing Price

Offers Over £72,000

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.