Features
- Buy-to-let Investment
- Tenanted & Fully Complaint
- Home Report £78,500
- 2 Bedrooms
- Current rental £550pm
- Current yield 8.4%
- Rent from September £695pm
- 57 sq m
- EPC Rating C
Description
An excellent opportunity to acquire a tenanted buy-to-let investment in a well-established residential area of Paisley. This traditional ground floor flat, dating from circa 1910, offers immediate rental income with long-term tenants already in place. Extending to approximately 57 sq m, the accommodation comprises an entrance vestibule, inner hall, living room, two bedrooms, kitchen, and bathroom. The property benefits from replacement uPVC double-glazed windows and a gas-fired central heating system, providing comfortable accommodation for tenants. The property has an EPC Rating of Band C and a Home Report value of £80,000.
The property is being sold with the tenants in situ, who have been in residence since January 2020, demonstrating excellent tenancy stability. The current rental income is £550 per calendar month, increasing to £695 per calendar month from 27th August, providing an immediate uplift in rental income for the new owner.
Paisley has become an increasingly popular destination for buy-to-let investors thanks to its affordable property prices, excellent transport links, and consistently strong rental demand. The town benefits from regular rail services to Glasgow city centre, easy access to the M8 motorway, and close proximity to Glasgow Airport, making it an attractive location for commuters. The area is home to the University of the West of Scotland, major employers, and an ongoing programme of regeneration that continues to enhance Paisley's appeal. Compared with many neighbouring locations, Paisley offers investors an attractive balance of competitive purchase prices, healthy rental yields, and long-term growth potential, making it a strong choice for both new and experienced landlords.