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Portfolio: 122 and 124 Glencoats Drive, Paisley, Renfrewshire, PA3 1RW

Key features

  • Portfolio of Two Vacant Three Bedroom Flats
  • Recently Refurbished to a High Level
  • Potential End-Market Rental Yield in the region of 14.2% at Guide Price

Description

PRE-AUCTION OFFERS AVAILABLE ON THIS LISTING - THIS LISTING IS AVAILABLE FOR IMMEDIATE PURCHASE, SHOULD YOU WISH TO MAKE AN OFFER CONTACT THE OFFICE TODAY.

FOR SALE BY ONLINE AUCTION THURSDAY 2ND MAY AT 9.00AM. Portfolio of two vacant three bedroom flats in Paisley. Potential rental income estimated in the region of £800pcm, providing a fantastic yield of 14.2% at Guide Price. Both properties have been recently refurbished to a high standard and are in move-in condition. Ideal purchase for Buy-to-Let investors.

Online Property Auctions Scotland present this portfolio, consisting of two recently refurbished, vacant three bedroom flats in Paisley.

Each flat comprises an entrance hallway, an open plan living room/kitchen, two double bedrooms with built in wardrobes, one single bedroom and a bathroom with three piece suite.

Each flat has potential to earn a rental income in the region of £800pcm, providing an incredible 14.2% yield at Guide Price.

Paisley is the largest town in Scotland, with high rental demand. The University of the West of Scotland and West college Scotland both have campuses in the town centre, only a short distance away. The property could be well suited as student lets and could potentially achieve higher rent if an HMO license is obtained.

Paisley is also a popular commuter base for the city of Glasgow, which is accessible by car or bus via the M8 or by train. There are many amenities nearby, including the Phoenix Retail Park in Linwood, which includes an Asda Superstore, coffee chains and other stores such as TK Maxx, Hobbycraft, Pets at Home and Smyths Toys. Next to the retail park is the Showcase Cinema, which also hosts fast food restaurants McDonalds, KFC and Taco Bell.

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Purchases are subject to a Buyer's Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup/ Special Conditions in the Legal pack to confirm. All prices quoted are exclusive of VAT.

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Portfolio: 122 and 124 Glencoats Drive, Paisley, Renfrewshire, PA3 1RW

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Paisley St. James Station0.8 miles
  • Paisley Gilmour Street Station1.3 miles
  • Paisley Canal Station1.3 miles
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Disclaimer - Property reference 243867. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Online Property Auctions Scotland Limited, Glasgow. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Online Property Auctions Scotland Limited, Glasgow on 0141 673 1042.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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