0141 674 1833

West Street, Paisley, PA1 2UJ

2 bedroom Flat in Paisley

Under Offer
Offers Over £69,000
Current Yield 7.5 %
Potential Yield 9 %
Property Reference: 185136084
  • Flat
  • 2 Bedrooms
  • 2 Bathrooms
  • 1 Receptions
  • 67 m2

Property Features

Property Features

  • Buy-to-Let Opportunity
  • Long Term Tenant Currently Situated
  • Likely to attract enquiries from Serious Investors & Developers.
  • GREAT RENTAL RETURNS
  • Spacious Lounge & Kitchen
  • Ensuite Bathroom
  • Good Condition
  • Allocated Parking Space
  • Paisley Town Centre Location - Perfect for Renters!
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Property Information

Full Details

A well proportioned 2 bedroom flat located within the Paisley Town Centre. It has been kept in good condition by the long term tenant that is hoping to remain in the property.

This home is neutrally decorated throughout and features 2 bedrooms, a three-piece bathroom, an ensuite, 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 £7,200 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 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 a great living area with plenty of space for furniture and gatherings. It has a hardwood floor and is in good condition.

Kitchen

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

Bathroom

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

And ensuite shower room is also available which features a wash basin, WC and walk-in shower.

Bedroom

Both bedrooms are a good size with enough room for double sized beds, bedroom furniture and storage cabinets, have carpeted flooring and their own built-in sliding door storage cupboards.

Exterior

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

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: 185136084

Investment Checklist

  • Tenancy Status: Tenanted
  • Current Rent pcm: 500
  • Potential Rent pcm: 600
  • Tenancy Agreement in place: Yes
  • Tenancy Compliance in place: Yes
  • Current Term of Tenancy: 2 years+
  • Tenants means of funding: Employment
Property Reference: 185136084
Property Reference: 185136084

Property Location

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Request DetailsWest Street, Paisley, PA1 2UJ

Offers Over £69,000

Make an offer
West Street, Paisley, PA1 2UJ

Listing Price

Offers Over £69,000

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.