For Sale By Auction | 14:00, 29 November 2018

14A, West Campbell Street, Paisley, Renfrewshire, PA1 2QN

*Guide | £25,000+ (plus fees)

  • Flat
  • 1 Bedroom
  • Tenure: Freehold

Call the team on 0141 339 4466 for more information

Auction Date

Thu 29/11/2018

Auction Time

14:00

Auction Venue

200 St Vincent Street, Conference and Events Venue, Glasgow, G2 5RQ

One bedroom flat

This spacious and well-presented one bedroom ground floor ex Local Authority flat is conveniently located close to Paisley town centre. The freshly decorated accommodation comprises large lounge, fully fitted kitchen with walk in storage, double bedroom with built in wardrobe space and bathroom with electric shower over bath. The property has been recently upgraded in a number of areas including rewiring and new consumer unit, newly fitted cold water tank and is offered fully tenancy compliant including hard wired and interlinked smoke detectors. All furniture, fittings and appliances are included in the sale and, with an outstanding £11K discount against Home Report and potential rental in excess of 16%, this property would be ideal as a starter flat or a perfect addition to a buy to let portfolio.

Tenure

Freehold

Home Report £36,000

Everything included – sold as seen

Convenient central Paisley location

Perfect starter flat or buy to let investment

Potential rental yield of over 16%

Potential rental value £350pcm at LHA rate / £4,200pa

Area

Paisley sits close to Glasgow airport and the M8 motorway network providing access to Glasgow and all points beyond. There are frequent bus services and two railway stations, which makes it ideal for commuting. Local shopping is available close by including supermarkets and a wider selection of High Street stores are found in Paisley town centre. Excellent local schooling is available at both primary and secondary level. Paisley University and the Royal Alexandra Hospital are also in Paisley, creating much demand for buy to let properties.

Comparables

8g West Campbell Street: Sold £42,000 09/17 12b West Campbell Street: Sold £27,500 09/16

Energy Efficiency Rating (EPC)

Current Rating D

Additional Fees

Administration Charge - Purchasers will be required to pay an auction fee of £2,000 inc VAT unless otherwise stated

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.