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Description

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

One bedroom tenanted flat within Paisley town centre. Walking distance to amenities. Tenant in place paying £550 per month - £6,600 per annum. Graham + Sibbald LLP RICS Home Report £60,000.

SUPER SIZED PROPERTY. COMPRISES: Entrance Hallway, Lounge, Kitchen, Double Bedroom and Bathroom. Secure Entry System and Enclosed Rear Gardens. SUPER RENTAL PROPERTY close to town centre. Parking.

HIGH POTENTIAL RETURN on INVESTMENT in extremely high demand rental location close to University campus, Royal Alexandria Hospital, Paisley Gilmour Street train station.

Rent agreed at £550 per month - Paid direct to landlord - No agency fees. Settled tenant. Well maintained property. Double Glazing. Electric Heating. EPC Rating - Band F. Top Floor Flat.

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.

Purpose built third floor mid-flat. This being contained within a free standing four storey tenement block. Third Floor: Entrance hallway, living room, bedroom, kitchen and shower room. Net Area: 34 Sq.M. Built 1900. The block of which the flat forms part of is contained within a semi residential / commercial district west of Paisley Town Centre. Surrounding properties are of somewhat varied age and character. Local amenities and facilities within the vicinity are readily accessible. One bedroom tenanted flat within Paisley town centre. Walking distance to amenities. Tenant in place paying £550 per month - £6,600 per annum. Graham + Sibbald LLP RICS Home Report £60,000. Overall, sold prices in PA1 2LZ over the last year were 4% down on the previous year and 79% down on the 2010 peak of £230,000. EPC Rating - Band F.

Located in the West End of Paisley, there are excellent local bus services nearby giving access to Glasgow City Centre and easy access to the town centre. Handy for the Royal Alexandria Hospital. There is also a range of local shops nearby, along with easy access to the excellent Phoenix Retail Park which contains a 24 hour Asda, Matalan, Smyths Toys and more. Also handy for access to the M8 motorway and Glasgow Airport via the St James Interchange. Paisley has a selection of local and town centre amenities including shops, supermarkets, schools and transport services. Bus and rail links give regular access throughout the area and into Glasgow. Paisley has seen a massive increase in demand over recent years due to excellent transport links giving access to Glasgow City Centre in under 15 minutes with a massive range of attractions locally.

Full Address: 12 William Street, Flat 3-2, Paisley, PA1 2LZ

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Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length: Annual
Rent: £6,600 per year / £550 per month
Yield: 15% (approx)
Tenant: Private Individual
Notes: Tenant in place paying £550 per month.

Document Downloads

Home Report (Available) Legal Pack (Available)

Pricing Information & Bidding

Opening Bid: £43,000

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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Offer Now... You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

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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: 02 May 2024, 10am-3pm
Type: Timed Online Auction

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