Two bedroom top floor flat

A great opportunity to acquire a two-bedroom top floor flat within a traditional sandstone tenement building, located in the ever popular West End of Paisley. The property requires a programme of repair and modernisation throughout, offering significant scope for an investor or developer to add value and create a strong performing rental asset. The property comprises spacious lounge with traditional tenement proportions, two well sized double bedrooms set off the main hall, a kitchen fitted with units and appliances, and a bathroom finished with wet wall panelling. All accommodation is accessed from a large central hallway, typical of the generous layouts found in traditional tenement buildings. Once refurbished, the flat would make an ideal buy to let investment given the consistent demand from students, young professionals and commuters. Local Housing Allowance indicates an income level of £6,282 per annum, with the buoyant private rental market in the area capable of achieving higher returns once works have been completed. The property is well positioned for a wide range of amenities, transport links and the University of the West of Scotland, making this a highly attractive proposition for those seeking a value add project in a strong rental location. Council Tax Band B. EPC Rating C.

Tenure

Freehold

Area

Paisley’s West End is a well established and sought after district known for its traditional tenement stock, vibrant community atmosphere and excellent connectivity. The area benefits from a wide range of amenities including local shops, cafés, bars, supermarkets and leisure facilities. The University of the West of Scotland is within walking distance, ensuring a steady stream of rental demand year round. Transport links are a major advantage, with Paisley Gilmour Street providing fast and frequent rail services to Glasgow city centre and beyond. The M8 motorway is easily accessible, offering quick routes to Glasgow Airport and the wider central belt. Ongoing regeneration across Paisley continues to strengthen the area’s appeal for both residents and investors.

Local Authority

Renfrewshire Council

Additional Fees

Administration Charge - 3.6% inc VAT of the purchase price, subject to a minimum of £3600 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.