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 125 Lochfield Road, Paisley, PA2 7RA (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 modern tenanted two bedroom apartment in the popular Saucel Crescent, approximately two miles from Paisley town centre. Situated on the fifth floor, the well presented accommodation comprises spacious lounge with modern kitchen off, two bedrooms (master en-suite, and both with mirrored wardrobes) and bathroom. The property also offers a spacious storage cupboard off the hall, gas central heating and double glazing. The current rental income of £850 per calendar months equates to an exceptional 13% 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 C.

Tenure

Freehold

Area

AREA: Saucel Crescent is conveniently located close to Paisley town centre, offering an excellent range of shops, supermarkets, cafés, restaurants and leisure facilities. The area benefits from superb transport links, with Paisley Canal and Paisley Gilmour Street railway stations nearby, regular bus services, easy access to the M8 motorway and Glasgow Airport just a short drive away. A selection of well-regarded primary and secondary schools, along with West College Scotland's Paisley Campus, are all within easy reach.

Local Authority

Renfrewshire Council

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.