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Description
- Status: Available
- Type: Flat
- Ownership: Freehold
- Occupation: Tenanted
- Bedrooms: 2
- Council Tax: Search
Two Bedroom Flat with private tenant paying £650pcm (£7,800 per annum). READY LET TWO BEDROOM FLAT within the centre of Paisley. The local area is currently being regenerated by Renfrtewshire Council.
Property comprises - Entrance Hallway, Lounge, Kitchen, Two Double Bedrooms and Bathroom. Fully compliant rental property with all certification up to date and managed by letting agent.
Property will be sold with tenant in place. FREEHOLD RESIDENTIAL SALE. Paisley is Scotland’s largest town with a population of 120,000 people. Home Report Valuaiton = £45,000 (Fourty Five Thousand).
Sought after buy-to-let location. Paisley Canal Station - 0.2 miles. Paisley Gilmour Street Station - 0.4 miles. Hawkhead Train Station - 0.8 miles. Glasgow International Airport - 3 miles away.
Paisley is situated 9 miles from Glasgow and 2 miles from Glasgow International Airport with excellent road and public transport infrastructure including a direct rail link to Glasgow city centre.
Tenanted Second Floor Flat situated in a sought after buy-to-let location. Traditional Flat within Paisley. Well Street is one of Paisley’s oldest thoroughfares, originally known as Lonewells. The West End of Paisley will be transformed as part of the regeneration masterplan set out by Renfrewshire Council. Property comprises - Entrance Hallway, Lounge, Kitchen, Two Double Bedrooms and Bathroom. Fully compliant rental property with all certification up to date and managed by letting agent. Property will be sold with tenant in place. FREEHOLD RESIDENTIAL SALE. Paisley is Scotland’s largest town with a population of circa 120,000 people. RICS Home Report Valuaiton = £45,000. Renfrewshire Council is promoting a Compulsory Purchase Order to support the next phase of the Paisley West End Regeneration Masterplan, enabling the acquisition of the 10 remaining privately owned properties at Well Street and adjoining land. Once all existing properties have been demolished, the site will be redeveloped by Sanctuary Scotland Housing Association to deliver new affordable homes, enhanced public spaces, and green infrastructure, building on the first phase at Sutherland Street and Underwood Lane already completed by Sanctuary, which delivered 35 new affordable homes. Paisley is Scotland’s largest town with a population of circa 120,000 people and is close to Braehead Shopping complex and Glasgow International Airport. HIGH DEMAND RENTAL LOCATION CLOSE TO UNIVERSITY CAMPUS. Excellent motorway links with M8 Motorway nearby. ScotRail train links close by - Paisley Gilmour Street within 5 minute’s walk of the property. The station provides daily connections to Glasgow Central.
Tenancy Details
Type of Agreement: Private Residential Tenancy (PRT)Length: Annual
Rent: £7,800 per year / £650 per month
Yield: 22% (approx)
Tenant: Private Individual
Notes: Rental income agreed at £650 pcm (£7,800 per annum).
Maps & Location
Map Street View SatellitePaisley is Scotland’s largest town with a population of circa 120,000 people and is close to Braehead Shopping Complex and Glasgow International Airport. Braehead, Silverburn and Glasgow International Airport all within 20 minutes. PRIME RENTAL LOCATION CLOSE TO M8. Near modern developments, schools, shopping facilities, park and other recreational facilities. Ideal residential investment opportunity. Excellent motorway links with the M8 motorway nearby. ScotRail train links close by with mainline train station (Paisley Gilmour Street) within 5 minute’s walk of the property. The station provides connections to Glasgow, Greenock and the surrounding area. The University of West of Scotland campus is 10-minute walk from property. Excellent Buy to let Potential.
Document Downloads
Pricing Information & Bidding
Opening Bid: £35,000
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Terms & Conditions 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)
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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 for each property which may differ in deposit amount, completion and buyers fee.
* 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.
General Terms & Conditions of Sale
Lot Specific Terms - 2Well Street, Flat 2-1, Paisley