Property investors looking for an opportunity to secure immediate rental income will have the chance to acquire a fully tenanted portfolio of three properties when they go under the hammer with Auction House Scotland.
The Paisley Property Portfolio comprises three established buy-to-let flats across Paisley and Renfrew, with a combined guide price of £210,000 and a current rental income of £27,000 per annum.
At guide price, the portfolio delivers an impressive 12.9% gross rental yield, making it an attractive proposition for both experienced landlords and those looking to enter the buy-to-let market.
The portfolio includes:
- 125 Lochfield Road, Paisley – A well-presented two-bedroom upper cottage flat currently generating £800 per calendar month, equating to an attractive 12% gross rental yield at guide price.
- 5/7, 110 Saucel Crescent, Paisley – A modern fifth-floor, two-bedroom apartment with an en-suite master bedroom, currently producing £850 per calendar month and offering an impressive 13% gross rental yield.
- 3/3, 99 Paisley Road, Renfrew – A one-bedroom top-floor tenement flat generating £600 per calendar month, delivering an exceptional 14% gross rental yield at guide price.
All three properties are being sold with tenants in place, allowing the successful purchaser to benefit from rental income from day one without the delays or uncertainty often associated with finding new tenants.
The locations are ideal, with each property benefiting from strong transport links, local amenities and access to employment hubs. The two Paisley properties are situated close to the town centre, the University of the West of Scotland, Glasgow Airport and the M8 motorway, while the Renfrew property enjoys excellent connectivity alongside convenient access to Braehead Shopping Centre and XSite.
John Loudon, Business Development Manager of Auction House Scotland, said: "With interest rates stabilising and investors once again actively seeking opportunities that provide strong, immediate returns, this portfolio is perfectly timed for the market. Fully tenanted portfolios offering nearly a 13% gross yield at guide price are becoming increasingly difficult to find, particularly in well-connected locations such as Paisley and Renfrew."
"Whether you're an experienced landlord looking to expand your portfolio or someone taking your first step into property investment, this is a fantastic opportunity to acquire three income-producing properties in one transaction, with rental income from the day of completion."
For more information, or to arrange a viewing, contact Auction House Scotland on 0141 339 4466 or via the website.
