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Description

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

One Bedroom ground floor flat close to Paisley TOWN CENTRE. Freehold Residential Sale. Tenant in place paying £550 per month. READY MADE INVESTMENTS - Immediate Income Producer. NEW ENTRY.

accommodation comprises -Entrance hallway, living room, kitchen, bedroom and bathroom. Area: 36 Sq.M. Great layout and internal room sizes. ALL FULL SIZED ROOMS. Tenanted Investment Property.

PERFECT INVESTMENT PROPERTY. Large ONE bedroom ground floor flat located in popular residential area of Paisley close to Town Centre amenities and transport links. Built circa 1900.

Substantial town centre sandstone building. CASH SALE ONLY. Local area has been re-generated with new restaurants, housing and commercial premises. tenant in place paying £550 per month.

Paisley is Scotland’s largest town with a resident population of circa 120,000 people and is close to The Soar INTU Braehead Complex, Glasgow International Airport and Silverburn Shopping Centre.

The property is a purpose built ground floor flat in a four storey tenement block of ten flats. Realistic Rental income of £550 pcm (£6,600 PER ANNUM). High tenant demand location close to Paisley town centre and University campus. Freehold Sale. COMPRISES: Hallway, lounge, double bedroom, kitchen and bathroom. Internal Floor Area: 36 Sq.M. Local Sales: 6 West Street, Flat 1-1, Paisley, Renfrewshire PA1 2UJ sold for £76,000 (April 2023). 11 Walker Street, Flat 3-2, Paisley, Renfrewshire, PA1 2EN sold for £60,000 (October 2023). 33 Flat Ferguslie Walk, Flat 0-2, Paisley, Renfrewshire, PA1 2RQ sold for £67,250 (October 2023). FREEHOLD RESIDENTIAL SALE. Paisley is located 7 miles from Glasgow City Centre and is recognised primarily as the administrative centre for Renfrewshire.

The historic town of Paisley has an excellent range of shopping, sporting facilities, transport links and the impressive Paisley Abbey. Regular mainline railway services to Glasgow City centre and the Clyde coast. Connections to Glasgow International Airport and the M8 motorway. Paisley is home to the University of The West of Scotland and has established schooling in the local area. Gleniffer Braes has a variety of walks, Paisley Golf Club and stunning views toward the Campsie Hills. Paisley, located on the West Coast of Scotland is Scotland’s largest town, most commonly known for its weaving industry and the Paisley pattern. The town has countless amenities including Morrisons Supermarket, Marks & Spencer and the west of Scotland University just to name a few. Paisley benefits from fantastic transport links including frequent bus and rail services connecting you to Glasgow City centre. Only a short drive away you will find Intu Braehead shopping centre where you will find all of the main high street brands under one roof. There are a number of excellent schooling options to choose from with Renfrewshire ranking as one of Scotland's top-performing council areas for education, whilst there is an abundance of highly reputable private schools to choose from that include The High School of Glasgow and Glasgow Academy in the West End, St Aloysius and Hutchesons Grammar in the Southside and Wellington Academy in Ayrshire.

Full Address: 26 Maxwellton Street, Flat 0-2, Paisley, PA1 2UB

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Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length: Annual
Rent: £6,600 per year / £550 per month
Yield: 26% (approx)
Tenant: Private Individual
Notes: Tenant in place paying £550 per month. Managed by Letting Agent.

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Pricing Information & Bidding

Opening Bid: £25,000

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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SPECIAL Terms of Sale

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

VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.

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Auction Details

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

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