*Guide | £80,000 (plus fees)
- Flat
- 2 Bedrooms
- Tenure: Freehold
Call the team on 0141 339 4466 for more information
Portfolio of three flats
This property is offered as part of a three property portfolio with 3/3, 99 Paisley Road, Renfrew, PA4 8LH (1 bed flat), and 5/7, 110 Saucel Crescent, Paisley, PA1 1SX (2 bed flat) with a cumulative guide price of £210,000 and current rental income of £27,000 per annum which equates to a fantastic 12.9% gross rental yield at guide price. Enjoy rental income from day one with this tenanted two bedroom upper cottage flat in the popular Lochfield Road, approximately two miles south east of Paisley town centre. The well presented accommodation comprises lounge, modern fitted kitchen, two bedrooms and bathroom with white suite and shower over bath. The current rental income of £800 per calendar months equates to an attractive 12% yield at guide price which is sure to attract strong levels of interest from buyers looking to expand or start their buy to let portfolio. Early expression of interest is essential. Council Tax Band B.
Tenure
Freehold
Area
Lochfield Road enjoys a popular residential setting to the south east of Paisley town centre. A range of local shops and everyday services are available nearby, with larger retail facilities including Phoenix Retail Park and Paisley town centre within easy reach. Residents also benefit from excellent leisure opportunities, including nearby parks, sports pitches, bowling facilities and the Lagoon Leisure Centre. The area is well served by regular bus routes, with quick access to Paisley Gilmour Street railway station, the M8 motorway and Glasgow Airport, making it ideal for commuters. Families are well catered for with respected schooling at both primary and secondary levels, including Todholm Primary School, while the University of the West of Scotland campus is also located within Paisley.
Local Authority
Renfrewshire Council
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - 3.6% inc VAT of the purchase price, subject to a minimum of £3600 inc VAT, payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
Floor Plans
Click the image to view the full-sized floorplan.
