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1 bed flat for sale

£19,000 Guide price

Glen Street, Paisley PA3

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Property features

  • Home Report £25,000
  • Fantastic Potential Rental Yield Of Around 22%
  • Great Town Centre Locale
  • Ideal Buy To Let Property
  • Close To Local Amenities And Train Station
  • Short Distance From The University
  • Potential rental value £350pcm at lha rate / £4200pa

Property description

One Bedroom Flat

Fantastic opportunity to purchase this good sized one bedroom second floor flat which is ideally located within walking distance to Paisley town centre and the University. Accommodation comprises entrance hallway, lounge, kitchen, double bedroom with enclosed balcony off, and bathroom. The property has ample storage throughout and benefits from double glazed windows and electric heating along with security entry system and residents parking. The property will require a program of upgrading, which is reflected in the price, and will be of particular interest to the buy to let investor market due to the fantastic potential rental yield of around 22%.

Home Report £25,000
Fantastic potential rental yield of around 22%
Great town centre locale
Ideal buy to let property
Close to local amenities and train station
Short distance from the University
Potential rental value £350pcm at lha rate / £4200pa

Area
Paisley itself offers numerous shops, leisure facilities, primary and secondary schooling as well as Paisley Gilmour Street Train Station and regular bus links. Paisley provides easy access to Braehead Shopping Centre as well as the Intu Arena and the M8 motorway network giving access to Glasgow City Centre and Glasgow International Airport.

Comparables
Glen Street: Sold £42,250 04/16
Glen Street: Sold £36,000 08/16

Please copy the link below into your browser to view the Legal Pack:

Lounge
3.03m (9'11") x 4.50m (14'9") Double glazing window to front, carpeted flooring.

Kitchen
2.74m (8'11") x 3.02m (9'10") Double glazing window to rear, laminate flooring, good storage.

Bedroom
3.01m (9'10") x 3.04m (9'11") Double bedroom, single glazed windows, carpeted flooring, door to small enclosed balcony double glazing windows to front.

Shower Room
1.71m (5'7") x 2.11m (6'11") Two piece white toilet and sink, shower cubicle with electric shower, tiled flooring.


Purchasers notes


Please note that these particulars have been prepared by us on the basis of information provided by our client. If there is any aspect of these particulars that you wish clarified or that you find misleading please contact the office where further information will be made available.

× No tests have been made of services, equipment or fittings.
× No warranty is given or implied as to the condition of buildings, services, fixtures, fittings etc.
× All measurements, distances and acres are approximate.
× Fixtures, fittings and other items are not included unless specified in these details.

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Property info

Floorplan(s): Floorplan 1

View original

Market activity
Average price paid £100,125 Sales 287 Current average value £107,065 (Zoopla Zed-Index) Value change £1,903 ▲ 1.81%

Property value data/graphs for PA3

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £216,516 £161 3.6 £192,400
Semi-detached £120,951 £136 2.8 £121,525
Terraced £103,759 £116 2.7 £96,797
Flats £80,649 £110 2.0 £55,365

Current asking prices in PA3

Average: £82,476
Avg. current asking prices in PA3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £100,950
(10)
£137,887
(9)
£161,475
(2)
-
Flats £39,598
(10)
£81,527
(33)
£50,997
(5)
£159,950
(1)
-
All £39,598
(10)
£86,044
(43)
£106,855
(14)
£160,967
(3)
-

Current asking rents in PA3

Average: £515 pcm
Avg. current asking prices in PA3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £550 pcm
(1)
£600 pcm
(2)
£975 pcm
(1)
-
Flats £399 pcm
(3)
£462 pcm
(6)
- - -
All £399 pcm
(3)
£475 pcm
(7)
£600 pcm
(2)
£975 pcm
(1)
-

Fun facts for PA3

Highest value in PA3
Highest value streets Zed-Index
St. Margarets Avenue £258,310
Hillman Crescent £212,632
Stirling Gate £209,313
Hillman Road £207,040
Hillhead Drive £203,978
Highest turnover in PA3
Highest turnover streets Turnover
Hillhead Crescent 109.8%
Avenger Way 109.1%
Rootes Place 100.0%
Hillhead Drive 92.7%
Hillman Road 86.2%

What Zoopla users think of Paisley

Overall rating:

  • currently 3.5 stars
Good - 72% (146 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Paisley:

Tell us what you think of this area by rating these categories.
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Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Paisley Gilmour Street (0.2 miles)
  • Paisley St James (0.6 miles)
  • Paisley Canal (0.7 miles)
  • Glasgow Airport (1.5 miles)
  • Glasgow Prestwick Airport (24.3 miles)
  • Edinburgh Airport (41.9 miles)
  • Renfrew Ferry Terminal (3.1 miles)
  • Yoker Ferry Terminal (3.2 miles)
  • Braehead Shopping Centre Ferry Landing (3.2 miles)

Nearby schools

View all schools in Renfrewshire
  • Mossvale Primary School (0.3 miles)
  • St James's Primary School (0.3 miles)
  • St Fergus's Primary School (0.8 miles)
  • Spark of Genius Paisley School Care Accommodation Service (0.3 miles)
  • Reid Kerr College (0.4 miles)
  • Kibble Education & Care Centre (0.7 miles)
  • The Mary Russell School (1.6 miles)
  • Kersland School (2.0 miles)
  • Rosshall Visual Impairment Unit (2.5 miles)
Note: Distances are straight line measurements

Local info for Renfrewshire

AskMe Q&A for Renfrewshire

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For more information about this property, please contact
Auction House Scotland, G3 on +44 141 376 8754 * (local rate)

Monthly running costs Beta

£271 Monthly total

Mortgage

Purchase price
Deposit (10%) 1,900
Repayment term 25
Interest rate 1.5
Your payment £68 /mo How Much Could I Borrow In association with RBS

These results are not provided by RBS and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Rebuild value up to £600,000 Contents value up to £60,000 Average insurance cost £12/mo (£139/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £26 Electricity £42 Estimated energy cost £68/mo

Similar properties could save up to £266

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this size and region.

Estimated consumption

Gas: 9500 kWh/year
Electricity: 3500 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Renfrewshire

Estimated tax band A Council tax cost £78 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £19 Sewerage £26 Estimated water cost £45 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Auction House Scotland, and do not constitute property particulars. Please contact Auction House Scotland for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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