1 bedroom flat for sale

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1 bedroom flat for sale

Broomlands Street 3/1, Paisley PA1
£42,000

Our Summary

  • *PRICE TO ENSURE A QUICK AUCTION SALE* Sales Evidence:  *51/2, Broomlands Street, Paisley, Ren PA1 2NQ sold for £63,000, 53 Flat 3/3, Broomlands Street, Paisley, Renfrewshire PA1 2NQ sold for £65,000*  Occupant is currently on a rolling lease with rental demand in area between £650- £700 PCM / £7,000 - £8,400 PA, which would generate an excellent annual gross yield of 16
  • 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

Description

This exceptional turnkey opportunity is a tenanted 1-bedroom flat located in Paisley, Renfrewshire, Scotland. The property is situated in an easy lettable area with a guide price of £42,000 and has a tenant currently paying £325 PCM. The property benefits from double glazing and gas central heating and is close to local amenities, schools, and public transport. The current rental demand in the area is between £650-£700 PCM, which would generate an excellent annual gross yield of 16.6-20%. The property is being managed by a professional letting management company and charges £30 PCM. This is a brilliant turnkey opportunity for investors looking for instant cash-flow in a sought-after location.
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