£250,000 Guide price

Brick Lane, Paisley, Renfrewshire, PA3 4AE

flat for sale

Property Details

The current rental income is approximately £28,620 per annum with LHA rates allowing a potential return of £30,501 per annum. All properties have electric heating with gas available nearby should the purchaser wish to upgrade throughout. It is believed that owning 7 of 12 properties within the building would allow the purchaser to appoint a factor as the majority owner. There is a common garden area to the rear and units can be sold as one portfolio or several units.

The portfolio is comprised as follows: Flat 0/1 - Currently rented at £350pcm and comprises lounge, kitchen, bedroom and bathroom. Would benefit from fresh décor throughout. Flat 0/2 - Currently rented at £290pcm and comprises lounge, kitchen, bedroom and bathroom. Would benefit from fresh décor throughout. Flat 0/3 – Currently rented at £450pcm and comprises open plan kitchen/lounge and shower room and two bedrooms. The flat has been newly re-decorated and is well maintained throughout. Flat 1/1 - Currently rented at £295pcm and comprises lounge, kitchen, bedroom and bathroom. Would benefit from fresh décor throughout. Flat 1/2 - Currently rented at £300pcm and comprises lounge, kitchen, bedroom and bathroom. Would benefit from fresh décor throughout. Flat 2/1 - Currently rented at £350pcm and comprises lounge, kitchen, bedroom and bathroom. Would benefit from fresh décor throughout. Flat 3/2 - Currently rented at £350pcm and comprises lounge, kitchen, bedroom and bathroom. Would benefit from fresh décor throughout. Please note; The property images displayed show flat 0/3.



Area

Paisley sits close to Glasgow airport and the M8 motorway network providing access to Glasgow and all points beyond. There are frequent bus services and two railway stations, which makes it ideal for commuting. Local shopping is available close by including supermarkets and a wider selection of High Street stores are found in Paisley town centre. Excellent local schooling is available at both primary and secondary level. Paisley University and the Royal Alexandra Hospital are also in Paisley, creating much demand for buy to let properties.



PURCHASERS NOTES

Please note that these particulars have been prepared by us on the basis of information provided by our client. If there is any aspect of these particulars that you wish clarified or that you find misleading, please contact the office where further information will be made available.

• No tests have been made of services, equipment or fittings.

• No warranty is given or implied as to the condition of buildings, services, fixtures, fittings etc.

• All measurements, distances and acres are approximate.

• Fixtures, fittings and other items are not included unless specified in these details.

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COVID NOTICE:

Official government advice is that the housing market should remain open subject to adherence of published safety guidelines. You can therefore still move home during the current lockdown.

Although the majority of our staff will be working from home there will still be someone working in the office. Access to our offices will be by appointment only so please ensure that you make arrangements with us via telephone or email before you visit to ensure that a colleague will be available to assist you. Please remember that you are required to wear a face covering before entering our premises and when attending appointments.

The safety and wellbeing of colleagues and the public in reducing the spread of Covid-19 remains paramount. We will be working in accordance with government guidance in England, Scotland and Wales.

Cybercrime Warning:

Please be aware that there is a significant risk posed by cyber fraud, specifically affecting email accounts and bank account details. PLEASE NOTE THAT OUR BANK ACCOUNT DETAILS WILL NOT CHANGE DURING THE COURSE OF A TRANSACTION AND WE WILL NOT CHANGE OUR BANK DETAILS VIA EMAIL. Please be careful to check account details with us in person if in any doubt. We will not accept responsibility if you transfer money into an incorrect account.



This house description is based upon information supplied by the owner, or on behalf of the owner. These property particulars are produced in good faith and do not constitute or form part of any contract. s1homes do not take any responsibility for the accuracy of the information contained in this document.

If a property value displays '0', don't worry it just means no properties have been sold in that area during that time.

Source acknowledgement: Contains data compiled by Registers of Scotland. For further information, please contact data@ros.gov.uk.

Registers of Scotland is a government body responsible for compiling and maintaining property registers. There can be a delay of up to 3 months from when a property is sold to being recorded with Registers of Scotland. We provide house price data for your information only, we do not accept any liability for any errors.

If you have noticed any incorrect information, please contact info@s1now.com.

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Property History

  • Property added on 4 December 2020
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