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Espedair Street, Paisley PA2 Studio for sale
64E Espedair Street, Paisley, PA2 6RW
£20,000
64E Espedair Street, Paisley, PA2 6RW
£20,000
Our Summary
- Sure to appeal to investor looking for easy investment opportunity providing immediate cashflow from day one
- This property presents an excellent investment opportunity with some super local sales evidence
- *** 8f, Calside Court, Paisley, Renfrewshire PA2 6DS sold for £47,000 July 2024, 22 0/4, Neilston Road, Paisley, Renfrewshire PA2 6LN sold for £50,000 July 2024 *** Sure to appeal to investor looking for easy investment opportunity providing immediate cashflow from day one
- 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 tenanted studio apartment is located in the sought-after buy-to-let location of Paisley, Renfrewshire, and is currently generating an annual income of £3,600 through a monthly rent of £300. The property is situated near local amenities, including coffee shops, bars, and restaurants, and is expected to appeal to investors seeking an easy investment opportunity with immediate cash flow. The property is currently priced to sell and will feature in an upcoming timed online auction. With a gross rental yield of 12%, this property presents a fantastic opportunity for investors to generate a steady income and potentially increase the rent to £400-£425 per month, resulting in a gross yield of 16-17%.