Our latest listing is a well proportioned 1 bedroom flat located in Paisley. It's in an ideal location with walking distance access to Phoenix Retail Park and quick main road access onto the A737, has a tenant currently situated and generates a fantastic rental income.
For investors looking to grow their portfolio, this is a fantastic opportunity!
This home is neutrally decorated throughout and features 1 bedroom, a three-piece bathroom, a spacious lounge and a kitchen.
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 £6,900 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 a couple 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
As the property is within walking distance of the Phoenix Retail Park, the tenant has easy access to various amenities such as several restaurants, cafes, retail stores, leisure facilities and supermarkets.
The A737 Dual Carriageway is also easily accessible from the property and this feeds directly into the M8 Motorway. This makes travel to surrounding areas, such as Erskine, Johnstone and Renfrew, the Glasgow Airport and even Glasgow City Centre extremely easy.
Living Space/lounge
The lounge makes for an ample living area with lots of space for furniture and gatherings.
Kitchen
The kitchen is the ideal size for those that occupy and has been well kept by the tenant.
Bathroom
A three-piece bathroom is found that consists of a wash basin, W.C. and bathtub.
Bedroom
The bedroom is a good size with plenty of room for a double sized bed, bedroom furniture and storage cabinets.
Exterior
There is shared parking available external to the property building.
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.