2/1, 1 Maxwellton Street, Paisley, Renfrewshire, PA1 2TZ

  • Unconditional Online Auction Sale
  • Guide Price* : £48,000

FOR SALE BY ONLINE AUCTION THURSDAY 25TH AUGUST AT 9.00AM. Large vacant two bedroom property in central Paisley. Requires internal modernisation. Potential end-market rental value in the region of £600pcm, providing an attractive yield of 15% at Guide Price. Ideal development/investment opportunity.

Description

FOR SALE BY ONLINE AUCTION THURSDAY 25TH AUGUST AT 9.00AM. Large vacant two bedroom property in central Paisley. Requires internal modernisation. Potential end-market rental value in the region of £600pcm, providing an attractive yield of 15% at Guide Price. Ideal development/investment opportunity.

• ***Exceptional Opportunity***Massive 2 bedroom flat in traditional building in the heart of Paisley*** Requiring upgrading & modernisation***Excellent Investment / Development Property*** Discounted Price***Must Be Sold By Auctioneers***Great Location*** Ideal for potential High Yielding Rental return***Professionally managed building ***

• The district is a popular rental location for students studying at The University of The West of Scotland, Key Workers at Glasgow Airport & The Royal Alexandra Hospital.***For Sale on Instructions of Asset Managers***

• Possible High Yielding Investment opportunity*** Potential rent in excess of £600 pcm (£7200 per annum)***As a spacious 2 bedroom rental investment property***Possible Rental Return of **15%+ at Guide Price***

• 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 complimented with easy access to Gilmour Street Train Station***

• The M8 motorway is nearby giving easy access to Glasgow City Centre (Circa 12 minutes) & Greenock (23 minutes)***A one off opportunity in excellent high demand Location***

Massive Full 2 bedroom flat in the heart of Paisley***Good Street and popular location*** Superb Room Sizes: Property comprises: 2 x double bedrooms, living room, Full sized Breakfasting Kitchen & Bathroom ***Great Opportunity***Estimated rental value: £600 pcm (£7200 per annum)***15 % Rental Return at guide price*** Great transport links Close to the M8 Motorway**Glasgow Airport**Train Station**Town Centre** This property is situated close to The University of West of Scotland***Popular Location for students. This is an excellent opportunity to acquire a flat which offers excellent affordable rental prospects. 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 Xsite Entertainment centre. Furthermore, Paisley offers a plethora of Historic & Cultural pursuits centred around the acclaimed Paisley Museum & Art Galleries.

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Key Feature 1

Large Vacant Two Bedroom Flat

Key Feature 2

Requires Internal Modernisation

Key Feature 3

Potential End Market Rental Income in the Region of £600pcm/Yield of 15% at Guide Price

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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Virtual Tour - 1 Maxwellton Street, Paisley

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