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Guide Price

£35,000

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14 Blackhall Street 0/2, Paisley, PA1 1TF

Residential

flat

Occupied

1

bed

1

bath

1

reception

Freehold

Turnkey Investment Opportunity

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Description

  • PRIME NEW LISTING. We are excited to present this tenanted 1 bedroom flat located within a prime location in Paisley.

  • **Flat 1/1, 16 Blackhall Street, Paisley PA1 1TF sold for £54,500 in July 2022; Flat 2/1, 14 Blackhall Street, Paisley PA1 1TF sold for £52,000 in January 2024**

  • Currently occupied and yielding a rental income of £370 per month (£4,440 per annum), this property offers an outstanding opportunity for investors seeking substantial returns, boasting an exceptional gross yield of 12%.

  • With potential rental income ranging from £500 to £600 per month (£6,000-£7,200 per annum), this property promises an incredible gross yield if rents reach the anticipated levels, especially attractive at the guide price.

  • This offering is sure to attract investors looking for a turnkey investment opportunity with excellent yield prospects. Additionally, it is **AVAILABLE UNDER ADS THRESHOLD**, enhancing its appeal as an investment.

PRIME NEW LISTING. We are excited to present this tenanted 1 bedroom flat located within a prime location in Paisley.

The property comprises a welcoming hallway entry, a spacious and comfortable living room, a well-equipped kitchen, a modern bathroom, a generously sized bedroom, and ample storage throughout.

Currently occupied and yielding a robust rental income of £370 per month (£4,440 per annum), this property offers an outstanding opportunity for investors seeking substantial returns, boasting an exceptional gross yield of 12%.

With potential rental income ranging from £500 to £600 per month (£6,000-£7,200 per annum), this property promises an incredible gross yield if rents reach the anticipated levels, especially attractive at the guide price.

This offering is sure to attract investors looking for a turnkey investment opportunity with excellent yield prospects. Additionally, it is **AVAILABLE UNDER ADS THRESHOLD**, enhancing its appeal as an investment.

The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

Excellent sales evidence in the area:

**Flat 1/1, 16 Blackhall Street, Paisley PA1 1TF sold for £54,500 in July 2022; Flat 2/1, 14 Blackhall Street, Paisley PA1 1TF sold for £52,000 in January 2024**

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.

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.

For further details on how to have a bidding account created, please contact the team.

Location

Paisley is a vibrant town located just a short distance from Glasgow, known for its rich history, cultural attractions, and excellent transport links. With a thriving town centre and an array of amenities, Paisley offers an ideal setting for both residents and investors.

Map

Deposit & Fee Calculator

10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£11,000

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.