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Description

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

Tenanted Flat located in a high amenity locale of popular Paisley. 3 Storey traditional Tenement style property. Rental income £400 (£4,800 per annum). RICS HOME REPORT £45,000 - Tenanted Investment.

Excellent transport links and high amenity location. Surrounding properties are of a mixed age and type (commercial and residential). Freehold Residential Sale. Home Report £45,000.

Great location near university - Open Aspects towards Paisley Abbey Church - Tidy Communal Areas. Secure door entry - On street Parking - LOW PRICE - Perfect for Residential Investment.

Prime area of Paisley within walking distance of train station. The local area has super rental demand. Paisley Canal St and Paisley Gilmour St train stations both within minutes. EPC Rating - Band D.

The town has countless amenities including Morrisons Supermarket, Marks & Spencer and the west of Scotland University just to name a few. Survey Value £45,000 (Forty Five Thousand Pounds Sterling).

Tenanted Tenement style property overlooking Paisley Abbey. Studio Flat with Rental income of £4,800 PER ANNUM (£400 per month). Paisley is one of Scotland’s largest towns and is steeped in history. From the 12th century abbey to its famous shawls, the town has much to offer including a neo-classical arts centre, museum and the imposing Coats Memorial Baptist Church, with a 60-metre spire dominating the town’s skyline. EPC Rating - Band D RICS Home Report Survey Value £45,000 (Forty Five Thousand Pounds Sterling). Great location - Near university - FIRST FLOOR - Open Aspects towards Paisley Abbey - Tidy communal Areas - Secure door entry - On street Parking - LOW PRICE - Perfect for residential investment. The property would let comfortably as the area has super rental demand. Paisley Canal Street and Paisley Gilmour Street train stations both within minutes.

Paisley is one of Scotland’s largest towns and is steeped in history. From the 12th century abbey to its famous shawls, the town has much to offer including a neo-classical arts centre, museum and the imposing Coats Memorial Baptist Church, with a 60-metre spire dominating the town’s skyline. The nearby Gleniffer Braes Country Park offers lovely walks and spectacular views over the area. Paisley offers a wide range of local amenities with the Piazza and Paisley shopping centres and a large selection of local cafes, bars and restaurants. The town has strong transport links with the M8 motorway running from the town and four rail stations providing services to other major localities, including Glasgow Prestwick International Airport. The train station also connects to ferry routes linking to Dunoon, Bute and Northern Ireland.

Full Address: 43 Gauze Street, Flat 1-2, Paisley, PA1 1EX

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Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length: Annual
Rent: £4,800 per year / £400 per month
Yield: 14% (approx)
Tenant: Private Individual
Notes: Rental income £400 (£4,800 per annum)

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Pricing Information & Bidding

Opening Bid: £35,000

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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