GUIDE PRICE

Deadline for Offers

09 December 2021, 3pm

Bidding Closes in

Submit Offer Now
  • TypeFlat
  • Ownership Freehold
  • Occupation Tenanted
  • Bedrooms 1
  • Council Tax Search SAA

Description

Full Address: 3D West Buchanan Place, Paisley, PA1 2JU

FANTASTIC INVESTMENT OPPORTUNITY. Tenanted one bedroom flat in popular residential area of Paisley. IDEAL BUY-TO-LET. Excellent return on investment.

Currently LET at 350 per month (4,200 per annum) Professionally managed. Perfect property for Buy-to-let investor / landlord looking to add to portfolio. Immediate rental income.

Local Sales Evidence; 2b West Buchanan Place, Paisley SOLD for 68,000 in July 2020*** 4a West Buchanan Place, Paisley SOLD for 71,000 in Dec 2019***

Set in close proximity to many local amenities. Paisley itself offers numerous shops, leisure facilities, primary and secondary schooling. PERFECT INVESTMENT PROPERTY.

The property is located close to Paisley Town Centre & is ideal for the University of the West of Scotland, The Royal Alexandra Hospital, The High Street & The Paisley Centre.

FANTASTIC INVESTMENT OPPORTUNITY. Tenanted one bedroom flat in popular residential area of Paisley. IDEAL BUY-TO-LET. Excellent return on investment. Currently LET at 350 per month (4,200 per annum) Professionally managed. Perfect property for Buy-to-let investor / landlord looking to add to portfolio. Immediate rental income. Set in close proximity to many local amenities. Paisley itself offers numerous shops, leisure facilities, primary and secondary schooling. Local Sales Evidence; 2b West Buchanan Place, Paisley SOLD for 68,000 in July 2020*** 4a West Buchanan Place, Paisley SOLD for 71,000 in Dec 2019*** Properties around PA1 2JU had an overall average price of 106,690 over the last year. Overall, sold prices around PA1 2JU over the last year were 46% up on the previous year and 13% up on the 2012 peak of 94,550.

The Location is ideal for letting to students at The University of West of Scotland, close to Paisley Town Centre with its Shopping centre, High Street & Train Stations. Further benefits include being close to the Royal Alexandra Hospital with Glasgow Airport being a short drive away, this property is a potential location for hospital workers. There are local shopping facilities available on adjacent streets to this property with extensive recreational facilities at Braehead Shopping Centre & The Xscape Entertainment centre. Furthermore, Paisley offers a plethora of Historic & Cultural pursuits centred around the acclaimed Paisley Museum & Art Galleries. The M8 motorway is nearby giving easy access to Glasgow City Centre (Circa 12 minutes) & Greenock (23 minutes)***

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Tenancy Details

Type of Agreement:
Length:
Rent: 4,200 per year / 350 per month
Yield: 11% (approx)
Tenant: Private Individual
Notes: tenanted at 350pcm

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Location

Pricing Information & Bidding

Guide Price: £40,000


What is a Guide Price... Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change prior to the auction.

Offer Now... You may submit an offer now on this property for the owner to consider ahead of the set auction. 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 = 2.5% of Sale Price (Minimum £2,500 + vat)

* STANDARD TERMS are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

Auction Details

Date & Time: 09 December 2021, 3pm
Type: Deadline for Offers

View Full Auction Catalogue

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