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Description

  • Status: Available
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Tenanted
  • Bedrooms: 2
  • Council Tax: Search

The property is a purpose built Two Bedroom with Balcony second floor flat in a four storey block of eight flats. Built circa 1960. The property is situated in an established residential area.

The accommodation comprises of - Entrance hallway, living room with balcony, kitchen, two bedrooms and one bathroom. Features UPVC double glazing and gas central heating with Vokera boiler.

Surrounding properties are of a similar age and type. Local transport links are available nearby. Paisley Canal and Paisley Gilmour Street train stations offer daily connections to Glasgow Central.

Well maintained internally. Currently rented at £685 per month. RICS Home Report valuation £90,000 (Ninety Thousand Pounds Sterling) - December 2025. Residential Tenanted Investment Property.

All rental payments up to date. Settled Tenant. Easy access to M8 Motorway Network allows for a quick commute to Glasgow City Centre. Glasgow International Airport is a short drive away.

4 CANAL TERRACE, FLAT 2/2, PAISLEY, PA1 2HS - Mid-floor flat. The property is a tenanted Two Bedroom with Balcony second floor flat in a four storey block of eight flats. Built circa 1960. RICS Home Report valuation £90,000. Tenanted property situated in an established residential area of Paisley. EPC Rating Band C The property is served by a mains gas supply with the meter located in the kitchen - Central heating and hot water is provided by way of gas fired central heating system located within kitchen (Vokera Unica i32). Mains water supply The accommodation comprises of - Entrance hallway, living room with balcony, kitchen, two bedrooms and one bathroom. Features UPVC double glazing and gas central heating with Vokera boiler. Communal areas include drying area, bin store, parking area and launderette facility and shared access to other flats via secure close to communal stairwell. Well maintained internally. RENTAL AGREEMENT Currently rented at £685 per month (£8,220 per year). All rental payments up to date. Settled Tenant. Managed by Landlord. No agency fees. PERFECT PURCHASE FOR BUY TO LET INVESTOR - Currently Tenanted. RICS Home Report valuation £90,000 (Ninety Thousand Pounds Sterling) - December 2025. Residential Tenanted Investment. Well maintained ex local authority proeprty situated in a sought after pocket of Paisley, with excellent transport links, local amenities and countryside walks nearby.

Paisley offers numerous shops, leisure facilities, primary and secondary schooling as well as Paisley Gilmour Street train station and regular bus links. Paisley provides easy access to Braehead Shopping Centre as well as the Arena and the M8 motorway network giving access to Glasgow city centre and Glasgow International Airport. Canal Terrace is ideally positioned within walking distance of Paisley University and Paisley Town Centre, providing a wide variety of shops, amenities, and excellent transport links. Highly convenient central Paisley location. It is just a short walk from the University of the West of Scotland, making it particularly attractive for the student rental market. The area also offers excellent transport links, with Paisley Canal and Gilmour Street train stations within easy reach, providing quick access to Glasgow city centre and beyond. Local shops, cafes, bars, and supermarkets are all close by, and the beautiful Paisley Abbey, Canal Street, and Paisley Town Centre amenities are just a few minutes' walk away.

Full Address: 4 Canal Terrace, Second Floor Right, Paisley, PA1 2HS

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Map & Location

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Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length: Annual
Rent: £8,220 per year / £685 per month
Yield: 12% (approx)
Tenant: Private Individual
Notes: Currently rented at £685 per month (£8,220 per year). All rental payments up to date. Settled Tenant. Managed by Landlord. No agency fees.

Document Downloads

Home Report (Available)   Legal Docs (Pending)

* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.

 * Click the above 'Pending' document link to log your request and we will notify you once available.

Pricing Information & Bidding

Opening Bid: £70,000

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 (Minimum £3,000)
  • Standard Completion (Unless specified differently in any Special Conditions of Sale)
  • 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 an earlier or later completion date which will be detailed in any Special Conditions of Sale for this lot. Buyers must satisfy themselves prior to bidding as to the terms on offer.

* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.

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Auction Details

Date & Time: 15 January 2026, 10am-3pm
Type: Timed Online Auction

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