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11  Lang Street, Flat 0-1  Paisley

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Description

  • Status: Available
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Tenanted
  • Bedrooms: 1
  • Council Tax: Search

Spacious and well presented one bedroom ground floor flat. Popular setting in Paisley town centre. Great for first time buyers or BTL investors. Council Tax - Band A.

COMPRISES: Hallway, lounge, kitchen, bedroom and bathroom. Quiet side street in Seedhill area of Paisley near to Glasgow Road and the White Cart Water. PRP - Perfect Rental Property with tenant.

Rent agreed at £400 per month - Paid direct to landlord - Settled tenant. Well maintained property. On street parking. SALE: Flat 0/2, 4 Lang Street, Paisley, PA1 1PF sold for £60,000 (Nov 2019).

Residential Investment Property - Buy to let investment property in popular rental location close to the centre of Paisley. Rental income £400 per month (£4,800 per annum).

Paisley is a popular location with rental properties as there is easy access to high employment districts such as Soar Intu Braehead Shopping Centre and the Silverburn Shopping Complex at Pollok.

Security controlled entrance hall leads to each of the flats within the block. A reception hallway opens to a bright and spacious lounge. The kitchen is fitted with floor and wall mounted units, worktops and appliances. The shower room is fitted with a suite and shower cabin. The bedroom is well proportioned. The flat features double glazing, storage and gas central heating. The flat would make a great purchase for a buy to let landlord/investor, but would also suit a young couple/first time buyer. Communal garden and bin areas to the rear. On street parking available. Local district is recognised as the West End of Paisley. Benefits from Double Glazing, Gas Central Heating and storage space. IDEAL INVESTMENT PROPERTY with immediate rental income of £400 pcm (£4,800 per annum). Close to Paisley Grammar School and Tesco supermarket. Ideally located for access to Paisley town centre and Gilmour Street Train Station with daily links to Glasgow central and the surrounding area. Easy to Let property in area popular with commuters to Glasgow. Landlord Sale Instruction - CURRENT RENTAL INCOME OF £400 PER MONTH. ALL LANDLORD COMPLIANCE CERTIFICATION UP TO DATE.

Paisley offers numerous shops, leisure amenities, primary and secondary schools as well as Paisley Gilmour Street train station and good bus links. Paisley is close by for Braehead and Silverburn shopping centres, as well as the Intu Xscape Arena. The M8 motorway network gives easy access to Glasgow International Airport and throughout the central belt. The Seedhill district of Paisley is a very popular rental location for students studying at The University of The West of Scotland, workers at Glasgow International Airport and also for the Royal Alexandra Hospital (RAH). This property has good access for all public transport links and is conveniently located close to the town centre. It is also a short distance from , the M8 motorway network and Glasgow is within 10 minutes. Manageable rental property opportunity with income £400 per month. Large yield with investment return. Paisley offers a number of amenities with Paisley Gilmour Street, Hawkhead and Paisley Canal station offering access to Glasgow and surrounding area. Walking distance to Paisley Gilmour Street train station and Hawkhead train station. Clarence Street is a popular location in which to stay and is within easy striking distance to local amenities. There is well regarded schooling to both primary and secondary levels close at hand and a selection of shops available along Glasgow Road.

Full Address: 11 Lang Street, Flat 0-1, Paisley, PA1 1PQ

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Tenancy Details

Type of Agreement: Short Assured Tenancy (SAT)
Length: Annual
Rent: £4,800 per year / £400 per month
Yield: 11% (approx)
Tenant: Private Individual
Notes: Rent agreed at £400 per month - Paid direct to landlord - No agency fees. Settled tenant. Well maintained property.

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Pricing Information & Bidding

Opening Bid: £45,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

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Auction Details

Date & Time: 12 December 2024, 10am-3pm
Type: Timed Online Auction

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