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Property Listing Details

1 bed flat for sale

71, Broomlands Street, Flat 1-2, Paisley, Renfrewshire PA12Nj PA1

  • Investment

£27,500

Property details

  • 1 bedroom

Features

  • Traditional 1 Bedroom tenement Flat close to Town Centre & University benefiting from existing tenant in situ **turn key investment** First floor flat minutes from University campus. Tenanted - £275 pcm - £3,300 per annum. RICS home report - £42,000
  • Preferred traditional tenement building. 62A Broomlands St Sold £70k (02/10), 38 Broomlands St Sold £60,000 (01/10) - current rental income at £275 per calendar month almost 10% yield. On street parking directly outside the property.
  • Comprises hallway, lounge, fitted kitchen, double bedroom and bathroom - Ideal investor property with tenant in occupation. University of West of Scotland & Royal Alexandra within minutes providing good rental market - Extensive tenant base
  • Braehead Complex, Silverburn Shopping Centre & Glasgow Airport within 20 mins - ideal commute for Paisley town centre - Glasgow approximately 20 minutes by train. Paisley Gilmour Street (10 minutes walk). Glasgow Airport and M8 motorway connections within minutes
  • Paisley is a popular rental location for students studying at The University of The West of Scotland, Key Workers at Glasgow Airport & The Royal Alexandra Hospital.***Located within the Heart of the Town Centre this property is located next to The High Street & The Paisley Centre. EPC - band C

Listing view statistics

Last 30 days: 256 page views

Since listed: 2054 page views

Description

Well Presented tenanted one bedroom flat within traditional sandstone tenement. This property has been modernised and comprises entrance hallway, large double bedroom, front facing open plan living room/kitchen & bathroom. ***Affordable apartment in popular locale.*** Tremendous rental return. This excellent affordable turn key investment opportunity is currently tenanted at £275 per calendar month offering an excellent almost 10% yield. Sales evidence of note - 62A Broomlands Street Sold £70k (02/10), 38 Broomlands Street Sold £60k (01/10).

Paisley is Scotland’s largest Town and is located only 7 miles from Glasgow City Centre. It is the administrative centre for Renfrewshire and is host to Glasgow International Airport and Major Regional Institutions including the University of West of Scotland & Hospitals.Popular amongst students from the University of The West of Scotland and professionals and key workers including Doctors, Nurses and Staff working at the Royal Alexandra Hospital which is located a short distance from the apartment. Furthermore, the Town Centre’s popular shopping facilities are nearby and Braehead Shopping Centre is easily accessed as is the Xscape Leisure Centre.

Auction Details
10 September 2019,7.00pm
Glasgow Radisson Hotel, 301 Argyle Street, G2 8DL

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Map & Nearby

Local Amenities

  • Paisley St James 0.7 miles
  • Paisley Canal 0.8 miles
  • West Primary School 0.1 miles
  • St Mary's Primary School 0.2 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Paisley St James 0.7 miles
  • Paisley Canal 0.8 miles
  • West Primary School 0.1 miles
  • St Mary's Primary School 0.2 miles

Market stats

Sale activity

Average estimated value for a flat in PA1:

  • £100,322
  • Price decrease

  • -£1,013
  • (-1.000%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £78,670
  • Properties sold

    171

Rental opportunities

Looking for an investment? The average rent for a 1 bedroom flat in PA1 is currently:

£377 pcm

Recent sales nearby

See all recent sales in PA1
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Estimated running costs

Based on available 3rd party data

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The Agent

Price history

Sold prices provided by Land Registry
18th Jan 2019 £27,500 First listed

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