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Blackhall Street, Paisley PA1 1 bed flat for sale
Flat 1-3, 18 Blackhall Street, Paisley, PA1 1TF
£35,000
Flat 1-3, 18 Blackhall Street, Paisley, PA1 1TF
£35,000
Our Summary
- This offers a fantastic 24% to 25% gross yield, making it an enticing investment opportunity
- The potential to design and create a home from scratch adds immense appeal
- This property is offered at a fantastic price to ensure an Auction sale
- The property will feature in our upcoming timed online auction
- To participate in the live auction, you must have a bidding account created
- The potential to design and create a ho
Description
This prime new listing is a vacant one-bedroom flat located in a highly desirable area of Paisley, Scotland. The property has significant potential for renovation and could achieve a monthly rental income of £700-£750, resulting in an impressive annual income of £8,400-£9,000, offering a fantastic 24-25% gross yield. The property presents an excellent opportunity for an enterprising investor to employ the BRRRR strategy, with significant room for added value and capital growth. The flat is situated in a sought-after buy-to-let location, making it an ideal opportunity for a young professional or student looking to enter the property market. With the potential to design and create a home from scratch, this property offers immense appeal. The property is being offered at a fantastic discount to ensure a sale, and with sales evidence in the area, this is an excellent purchase for those seeking rental income potential combined with capital growth.