Timed Online Auction

27 January 2022, 10am-3pm

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

Description

Full Address: 95 Causeyside Street Flat 1-R, Paisley, PA1 1TU

Immediate Income Producing Investment Opportunity. Large 1 bedroom flat located in a popular rental area of Paisley Town centre. Property is tenanted at £410 per calendar month. HOME REPORT £50,000

*** 87/1 Causeyside Street, Paisley, Renfrewshire PA1 1TU sold for £60,000 September 2021, 39, 3/2, Causeyside Street, Paisley, Renfrewshire PA1 1YL sold for £95,000 September 2021 ***

First floor flat comprises; entrance hallway, living Room, kitchen, bedroom and bathroom. Secure door entry. Communal gardens to the rear.

PERFECT BUY TO LET PROPERTY. Ideal purchase for Buy-to-let investor / landlord looking to add to portfolio. Immediate rental income.

Paisley is regarded is one of the West of Scotland's most popular rental locations. As a University town there is a high student population as well as the areas largest hospital. 10 minutes to Glasgow

Immediate Income Producing Investment Opportunity. Large 1 bedroom flat located in a popular rental area of Paisley Town centre. Property is tenanted at £410 per calendar month. HOME REPORT £50,000 First floor flat comprises; entrance hallway, living Room, kitchen, bedroom and bathroom. Secure door entry. Communal gardens to the rear. PERFECT BUY TO LET PROPERTY. Ideal purchase for Buy-to-let investor / landlord looking to add to portfolio. Immediate rental income. *** 87/1 Causeyside Street, Paisley, Renfrewshire PA1 1TU sold for £60,000 September 2021, 39, 3/2, Causeyside Street, Paisley, Renfrewshire PA1 1YL sold for £95,000 September 2021 *** Paisley is regarded is one of the West of Scotland's most popular rental locations. As a University town there is a high student population as well as the areas largest hospital. 10 minutes to Glasgow

Paisley has excellent transport links including train station and bus routes within close distance. Paisley is Scotlandís largest Town and located only 7 miles from Glasgow City Centre. Host to Glasgow International Airport and Major Regional Institutions including the University of West of Scotland and Hospitals. The town is popular amongst students from the University and professionals and key workers including Doctors, Nurses and Staff working at the Royal Alexandra Hospital which is located a short distance from the apartment.

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Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length: Rolling
Rent: £4,920 per year / £410 per month
Yield: 13% (approx)
Tenant: Private Individual
Notes: 1/R 95 Causeyside St Paisley, PA1 1TU 1 bed flat tenanted at £4,920.00. Property is professionally managed.

Document Downloads

HOME REPORT AVAILABLE - Download Now   LEGAL PACK PENDING - Request Copy

Location

Pricing Information & Bidding

Opening Bid: £29,000

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
  • 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: 27 January 2022, 10am-3pm
Type: Timed Online Auction

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