>
Woodside Crescent, Paisley PA1 1 bed flat for sale
17D Woodside Crescent, Paisley, PA1 2NE
£35,000
17D Woodside Crescent, Paisley, PA1 2NE
£35,000
Price History
Initial price | £38,000 |
11/12/24 | £5,000 |
14/12/24 | £35,000 |
15/12/24 | £5,000 |
21/12/24 | £35,000 |
Price Change | -7.89% |
Description
This is a prime new listing for a tenanted investment property located in a popular buy-to-let location in Paisley, Renfrewshire. The property, which is currently managed by a professional letting agent, is currently tenanted at £307.50 per month, generating a gross annual income of £3,690. With a market rent of £450-£500 per month, the property has the potential to generate a gross annual income of £5,400-£6,000, yielding 13.5-15% if achieved at the guide price. The property is located near local amenities, including coffee shops, bars, and restaurants, and has seen significant capital growth in recent years, with similar properties in the area selling for £51,000 and £50,000 in 2018 and 2024, respectively. This is an excellent opportunity for property investors looking for a cashflowing investment with potential for capital growth and a high yield.