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2/1 6 Montgomery Avenue, Paisley, PA3 4AH

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2/1 6 Montgomery Avenue, Paisley, PA3 4AH

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£58,000

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Opening Bid

£58,000

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Flat

Residential

Occupied

2/1 6 Montgomery Avenue, Paisley, PA3 4AH

3

bed

1

bath

1

reception

Council tax: B

freehold

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Tenanted Investment Opportunity

Description

  • We are excited to bring to market this tenanted 3 bed flat located within a sought-after buy to let location of Paisley RARE AUCTION PROPERTY
  • 3 Montgomery Avenue, Paisley PA3 4PX previously sold for £90,000 , 19 Montgomery Avenue, Paisley PA3 4PX previously sold for £93,000
  • For rental purposes. property is currently tenanted at £600 P/CM (7200 p/a) This could provide an excellent gross yield if achieved at the guide price.
  • Property is available at discount to ensure Auction sale. Fantastic Capital growth potential. Shrewd investors looking for an easily lettable property in a sought after location.
  • Property is situated in a prime location, short distance from Glasgow city centre and is located near a whole host of local amenities, with shops and restaurants nearby.
New Entry - Tenanted investment property on Montgomery Avenue in Paisley Property Comprises: 3 Bedrooms, Hallway,  lounge, bathroom and kitchen - well maintained communal gardens and parking available. Local area has shown some great sales evidence showing there is strong demand : 3 Montgomery Avenue, Paisley PA3 4PX previously sold for £90,000 , 19 Montgomery Avenue, Paisley PA3 4PX previously sold for £93,000 Property is available at discount to ensure Auction sale. Fantastic Capital growth potential. Shrewd investors looking for an easily lettable property in a sought after location. Property is currently tenanted at £600 P/CM. This generate a gross annual income of £7,200 . Property has a market rent of £700 - 800 P/CM, if increased to market level it would provide a gross annual income of £8,400 - £9,600 per annum. Prime Opportunity for Property investors looking for a property in an excellent location. Excellent BRR potential. Property offers fantastic capital growth potential, the local area has seen some good sales recently showing strong demand. 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

Montgomery Avenue in Paisley is situated in a largely residential area characterized by its convenient access to local amenities and transport links. The location typically features a mix of family homes and local parks, providing a pleasant environment for residents. Nearby, you'll find various shops, schools, and recreational facilities, catering to daily needs and lifestyle preferences. Close proximity to public transport options, including bus and train services, enhances connectivity to Paisley city center and neighboring areas. The surrounding greenery and community-oriented atmosphere make it an appealing choice for families and individuals alike.

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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)

£11,800

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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.