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Canal Terrace, Renfrewshire, Paisley, PA1

PROPERTY TYPE

Flat

BEDROOMS

2

BATHROOMS

1

SIZE

818 sq ft

76 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

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Key features

  • TENANTED INVESTMENT
  • PRIME LOCATION
  • £765 RENT PCM
  • LOCAL AMENITIES NEARBY
  • EXCELLENT CONNECTIVITY
  • CAPITAL APPRECIATION AREA
  • HIGH YIELDING PROPERTY
  • COMMUNAL GARDEN
  • MODERN FEATURES
  • WILL ATTRACT AN ARRAY OF BUYERS

Description

Smart Sales & Investments are delighted to present this tenanted two-bedroom first-floor flat with communal garden access in the well-connected town of Paisley. Featuring a bright lounge, fitted kitchen, bathroom, and two comfortable bedrooms, this home blends practicality with lifestyle appeal. The addition of communal garden access enhances everyday living, offering outdoor space for relaxation or social use. Residents benefit from a welcoming community setting with local shops, schools, and leisure facilities nearby, while excellent transport links connect easily to Glasgow City Centre and the wider Renfrewshire area.

Currently tenanted and generating £765 pcm, this property provides investors with immediate rental income from day one of ownership. With strong rental demand, attractive yields, and the benefit of communal outdoor space, it represents a smart, ready-made opportunity for investors seeking reliable returns or buyers looking for a foothold in Paisley’s growing market.

INVESTMENT HIGHLIGHTS:

  • Stable Tenancy: Established tenant already in place with consistent rental payments
  • Instant Income: Secure rental revenue from day one of ownership
  • Projected Annual Income: £9,180 per annum (£765 pcm)
  • High Yielding Property: Impressive at approx. 11 - 12% Yield
  • Lifestyle Appeal: Communal garden access adds desirability and comfort
  • Transport Links: Excellent connectivity to Glasgow and surrounding areas
  • Local Amenities: Shops, schools, leisure facilities, and healthcare services nearby
  • Tenant Demand: Strong rental demand from families, commuters, and professionals
  • Capital Growth Potential: Paisley market benefits from affordability, commuter appeal, and steady appreciation

This is more than just a property—it's a chance to invest in a highly sought after location, as well as being ideal for investors seeking strong and reliable returns on their investment. Enquire Now!

This investment property represents an outstanding opportunity for savvy investors looking to acquire a valuable asset. Smart Sales & Investments are committed to facilitating a smooth transaction process. To allow for maximum commitment to the sale from both parties, there may be a buyer's premium payable to secure the property. This amount is not an additional cost and is refunded in the event of non-completion.

 

COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
Communal garden
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Canal Terrace, Renfrewshire, Paisley, PA1

Approximate location

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Affordability

Monthly repayments£377
Property: £ 75,000
Deposit: £ 7,500
Interest rate: 5.33%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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About Smart Sales & Investments, Glasgow

Unit M12, Smart Property Group, 143, Glasgow, G21 2QA

We are The Investors Estate Agent. Every property is sold as an investment, fully packaged to show you all of the information required to help you make an informed decision. We sell a mixture of vacant and tenanted properties.

Scotland wide, based in Glasgow.

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Disclaimer - Property reference P312. 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 Smart Sales & Investments, 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.

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