31 Wellmeadow Street, Paisley PA1 3 bed flat for sale

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31 Wellmeadow Street, Paisley PA1 3 bed flat for sale

31 Wellmeadow Street, Paisley PA1
£60,000

Our Summary

  • DEVELOPMENT OPPORTUNITY 3 bed 1st floor flat in Wellmeadow Street, Paisley
  • Will require refurbishment prior to habitation
  • Property needs full refurbishment providing an excellent project which would suit shrewd builder / developer
  • Auction Details06 March 2025, 10am-3pm Timed Online AuctionHow to Bid Now Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY
  • Future Property Auctions - Scotland's Largest Land and Property Auction House
  • AUCTION DATE: 06 March 2025

Description

This is a development opportunity for a 3-bedroom first-floor flat in Wellmeadow Street, Paisley, a popular residential area. The property requires a full refurbishment before habitation and is expected to generate a realistic rental income of up to £1,000 per month (£12,000 per annum). The location offers excellent local sales evidence, with nearby properties selling for £92,800, £90,027, and £65,000. The flat comprises an entrance vestibule, living room diner, kitchen, three double bedrooms, and a bathroom. With superb local amenities, shops, supermarkets, schools, and transport services nearby, this property presents an excellent project for a shrewd builder or developer, offering high rental demand and capital growth potential. The property will be sold without a home report due to its need for a full refit and refurbishment prior to habitation.