1 bedroom flat for sale

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1 bedroom flat for sale

New Street, Paisley
£39,995

Our Summary

  • Positioned within a traditional, character-rich sandstone four-storey tenement, the property offers a turnkey investment opportunity, with a tenant already in place paying £700 per calendar month

Description

AVJ Homes presents a well-presented, spacious one-bedroom second-floor flat in the heart of Paisley town centre. The property, located in a traditional sandstone tenement, offers a turnkey investment opportunity with a tenant already in place, paying £700 per calendar month. With a strong local rental market driven by demand from students, working professionals, and hospital staff, this property delivers immediate rental income and long-term growth potential. The flat features a bright and spacious open-plan lounge/kitchen, a good-sized double bedroom, a contemporary bathroom, and laminate flooring throughout. With a gross yield of approximately 10.5% based on offers over £80,000, this property is an attractive investment opportunity in a location that remains a top hotspot in Renfrewshire due to its proximity to Glasgow, expanding student population, consistent demand for affordable rentals, and regeneration projects boosting capital appreciation.