Flat 3/1, 69 Broomlands Street, Paisley, Renfrewshire, PA1 2NJ

  • Unconditional Online Auction Sale
  • Guide Price* : £45,000

FOR SALE BY ONLINE AUCTION THURSDAY 20TH OCTOBER AT 9.00AM. Tenanted two bedroom flat in popular residential area in Paisley. Current rental income of £475pcm, providing an attractive yield of 12.7% at Guide Price. Ideal turnkey investment opportunity. Massive 25% saving on Home Report value.

Description

FOR SALE BY ONLINE AUCTION THURSDAY 20TH OCTOBER AT 9.00AM. Tenanted two bedroom flat in popular residential area in Paisley. Current rental income of £475pcm, providing an attractive yield of 12.7% at Guide Price. Ideal turnkey investment opportunity. Massive 25% saving on Home Report value.

• Two bedroom flat in popular residential area. Comprised of large entrance hallway leading to; galley kitchen, spacious living room, two double bedrooms, bathroom with three piece suite, and storage cupboard.

• Home Report Value £60,000 - MASSIVE 25% discount

• 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.

• The property is located close to The Royal Alexandra Hospital with Paisley Town Centre nearby. This property is in a popular location in Paisley with tenant demand from students at the University of the West of Scotland.

• Exceptional Opportunity to buy a budget property in a popular location with strong tenant demand ***Could benefit from light internal modernisation***
Traditional two bedroom flat located within a popular residential area ***Positioned close to the Royal Alexandra Hospital*** The flat comprises: Double bedroom, living room, kitchen & bathroom****** This property is situated ideally for Commuters to Glasgow and for students at 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 key workers at 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. The M8 motorway is nearby giving easy access to Glasgow City Centre (Circa 12 minutes) & Greenock (23 minutes)***

Purchases are subject to a Buyer’s Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup/Special Conditions in the Legal pack to confirm.

Key Feature 1

Tenanted Two Bedroom Flat in Popular Residential Location

Key Feature 2

Current Rental Income of £475pcm/Yield of 12.7% at Guide Price

Key Feature 3

Ideal Turnkey Investment

* 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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