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1 bedroom flat for sale
34, Broomlands street Flat 2-M, Paisley, PA12NR
£26,000
34, Broomlands street Flat 2-M, Paisley, PA12NR
£26,000
Our Summary
- ** SALE BY AUCTION - 01 May 2025 - Timed Online Auction ****IDEAL FOR DEVELOPER LANDLORD** 1 bedroom traditional flat located on second floor of this traditional Tenement building
- SOME UPGRADING REQUIRED
- HIGH TENANT DEMAND - internal rooms require upgrading
- **IDEAL FOR DEVELOPER LANDLORD** 1 bedroom traditional flat located on second floor of this traditional Tenement building
Description
This traditional 1-bedroom flat is located on the second floor of a tenement building and is being sold by auction on May 1, 2025. The property requires some upgrading and has a hallway, lounge/kitchen, double bedroom, and bathroom. It benefits from gas central heating and communal entry, making it an ideal investment opportunity. The flat is situated in a popular area with high demand from students and professionals, offering a potential rental yield of 25% at the guide price. The property is currently occupied by a tenant, providing a steady income stream. Comparable sales in the area suggest a value of around £35,000 to £50,000, making this a potentially lucrative investment opportunity.