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Guide price

£29,000

2 bed flat for sale
0/1, 4 Underwood Road, Paisley, Renfrewshire PA3

    • 2 beds

    • 1 bath

    • 1 reception

  • Auction
  • Freehold

Auction House Scotland

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About this property

  • Open Viewing Tuesday 10th March 11:30am - 12 Noon

  • Open Viewing Wednesday 18th March 2:30pm - 3pm

  • Open Viewing Monday 23rd March 1:30pm - 2pm

  • Refurbishment project

  • Excellent value-add opportunity for investors or developers

  • Potential for significant capital growth and rental yield once reinstated

  • Vibrant town centre location

  • Wheelchair accessible

Great refurb opportunity.

Going under the hammer this two-bedroom ground floor flat in the popular town of Paisley.

The property has been internally stripped and presents a full refurbishment project, offering an excellent blank canvas for investors, developers or builders looking to add value.

Once reinstated, the accommodation would comprise a reception hallway, spacious lounge, kitchen, two well-proportioned bedrooms and a bathroom. The property requires complete internal reinstatement, making it perfectly suited to those seeking a brrr (Buy, Refurbish, Rent, Refinance) investment strategy or a straightforward value-add renovation project.

The property enjoys a prime town centre location, with Paisley’s wide range of shops, cafes, restaurants and local amenities within easy reach. The area benefits from excellent transport links, including nearby rail connections providing convenient access to Glasgow and the wider Central Belt, as well as regular bus services and strong road connections.

Paisley continues to experience strong rental demand, making this an attractive opportunity for buy-to-let investors once the refurbishment is complete. Local Housing Allowance indicates approximately £523 per month, however a higher rental figure may be achievable on the open market.
Early viewing is encouraged to fully appreciate the scope of refurbishment and the investment potential on offer. Council Tax Band A.

Please note that the vendor is a connected person under the terms of the Estate Agents Act 1979.

Unsafe properties are evidently in a condition that poses a serious risk to the health or safety of occupants or visitors, or where the way the home is marketed suggests it is unsuitable for occupation in that condition. There is little point in a condition survey being undertaken on a home that is unfit for occupation in any case and is being advertised as such.

Centrally located in Paisley, Renfrewshire’s largest town, offering a wide range of amenities including shops, supermarkets, cafes, restaurants and leisure facilities all within walking distance. The property is well positioned for commuters with Paisley Gilmour Street railway station nearby, providing frequent services to Glasgow city centre and beyond. The area also benefits from excellent road connections, including quick access to the M8 motorway, Glasgow International Airport and surrounding commercial centres. Paisley’s strong rental market, large student population linked to the University of the West of Scotland, and ongoing regeneration make it an attractive location for property investors.

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.

This material is protected by the laws of copyright. The owner of the copyright is Auction House Scotland. The property sheet forms part of our database and is protected by the database rights and copyright laws. No unauthorised copying or distribution without permission. Auction House Scotland is revolutionising the sale of property in Scotland.

Remember, if you are buying a property which is being sold by Auction House Scotland you will normally be responsible for payment of a Buyer's Premium or Auction Fee of 3.6% of the purchase price subject to a minimum of £3600 inclusive of VAT. More details can be obtained on application.

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Please be aware that there is a significant risk posed by cyber fraud, specifically affecting email accounts and bank account details. Please note that our bank account details will not change during the course of A transaction and we will not change our bank details via email. Please be careful to check account details with us in person if in any doubt. We will not accept responsibility if you transfer money into an incorrect account.

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More information

  • Tenure

    Freehold

  • Council tax band

    A

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Property descriptions and related information displayed on this page are marketing materials provided by - Auction House Scotland. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Auction House Scotland for full details and further information.