GUIDE PRICE

Deadline for Offers

09 December 2021, 3pm

Bidding Closes in

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  • TypeFlat
  • Ownership Freehold
  • Occupation Tenanted
  • Bedrooms 2
  • Council Tax Search SAA

Description

Full Address: 132 Gallowhill Road, Paisley, PA3 4TZ

Two Bedroom Cottage Flat with private garden within Gallowhill district of Paisley near to Glasgow Airport. Currently Rented for 395 pcm to a professional tenant *WILL BE SOLD WITH TENANT IN PLACE*

Ground floor MAIN DOOR FLAT comprising communal entrance, reception hallway, lounge, kitchen and two double bedrooms. Features double glazing. GCH and private garden to the front. Currently Tenanted.

TENTAL AGREEMENT: Private Residential Tenancy Agreement managed by professional letting agency. Currently 395 per month - 4,740 per annum. Low rent for condition of property and area.

IDEAL LOCATION for RENTAL PROPERTY. Walking distance to West of Scotland College campus, Retail Park with B&M, M&S, Halfords and PureGym. Paisley Gilmour Street Station connects to Glasgow Central.

Gallowhill is a popular locale with quick access to the M8 motorway and new Paisley Grammar School campus. Paisley is the administrative centre for Renfrewshire.

--- IMMEDIATE INCOME PRODUCING INVESTMENT --- TWO Bedroom MAIN DOOR FLAT in popular Gallowhill district of Paisley. Quiet street with parking and close proximity to Glasgow International Airport. Features: Double Glazing, Gas Central Heating (new Ideal 24 esprit eco2 boiler). RESIDENTIAL TENANTED INVESTMENT PROPERTY - NEW TO MARKET - IDEAL LOCATION FOR RENTAL PROPERTY. RENTAL AGREEMENT - PRT agreement with one month notice period. Monthly income 395. Annual income 4,740. All payments up to date. Reliable Tenant. This is low rent for the area. Realistically could achieve 500 pcm. Well looked after property. Paisley is a popular location for landlords with affordable rental properties as there excellent public transport connections to high employment districts such as Soar Intu Braehead Shopping Centre and Silverburn Shopping Complex at Pollok. PERFECT BUY TO LET INVESTMENT IN PRIME LOCATION. COMPRISES: reception hallway with storage, front facing lounge, kitchen and two double bedrooms. Features UPVC double glazing and private enclosed front garden. Perfect rental location for access to town centre shopping and amenities available on Renfrew Road. LEASE DETAILS: Professionally managed tenancy with property inspected at regular intervals. Excellent payment history with settled long-term tenant (since 2018). All necessary certification present and up to date.

Paisley is a popular location with rental properties as there is easy access to high employment districts such as Soar Intu Braehead Shopping Centre and the Silverburn Shopping Complex at Pollok. The local area benefits from readily accessible amenities and regular bus links which serve the area and offer a variety of services to several routes. The property is within easy reach of Paisley Town Centre, which offers a wide range of local amenities to cater to all needs, from Take-Away and Sit-in Restaurants, Bars, Newsagents, Clothing Stores etc. The Paisley Shopping Centre (Piazza) houses a further extended choice of amenities such as Eateries, Clothes shops, Card Shops, General Stores, Discount Stores, Co-Operative store, Marks and Spencer, chemists, hairdressers and many more.

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Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length: Annual
Rent: 4,680 per year / 390 per month
Yield: 6% (approx)
Tenant: Private Individual
Notes: Rental on PRT agreement at 395 per month - 4,740 per annum. Managed by letting agency (Guardian). Deposit held in deposit scheme. Payments up to date.

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Pricing Information & Bidding

Guide Price: £77,000


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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