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Broomlands street Flat 2
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
- AUCTION DATE: 01 May 2025
Description
This 1-bedroom flat is located on the second floor of a traditional tenement building and is being sold by auction on May 1, 2025. The property requires some upgrading and is ideal for a developer or landlord, with high tenant demand in the area. The flat features a hallway, lounge/kitchen, double bedroom, and bathroom, with gas central heating and communal entry. With a guide price, the property is expected to generate a rental return of 25%, with a potential rental income of £500 per month. The area is popular with students and professionals, and the University of West of Scotland and Royal Alexandra are nearby. Comparable sales in the area have reached up to £50,000, making this a potentially lucrative investment opportunity.