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Espedair Street, Paisley PA2 Studio for sale
64E Espedair Street, Paisley, PA2 6RW
£20,000
64E Espedair Street, Paisley, PA2 6RW
£20,000
Price History
Initial price | £30,000 |
10/10/24 | £25,000 |
29/10/24 | £15,000 |
18/11/24 | £30,000 |
10/01/25 | £20,000 |
Price Change | -33.33% |
Description
This tenanted studio apartment is located in the sought-after buy-to-let location of Paisley, Renfrewshire, and is currently generating an annual income of £3,600 through a monthly rent of £300. The property is situated near local amenities, including coffee shops, bars, and restaurants, and is expected to appeal to investors seeking an easy investment opportunity with immediate cash flow. The property is currently priced to sell and will feature in an upcoming timed online auction. With a gross rental yield of 12%, this property presents a fantastic opportunity for investors to generate a steady income and potentially increase the rent to £400-£425 per month, resulting in a gross yield of 16-17%.