Broomland Street, Paisley

Avj Homes are excited to bring this traditional second-floor flat presents an excellent opportunity for investors and is available at an attractive offer price of £39,995. The property benefits from having a sitting tenant already in place, ensuring immediate rental income without the need to find new occupants. The current tenant is paying £550.00 per month in rent, which translates to a highly competitive gross yield of approximately 15%.

The flat itself is well-proportioned and consists of a comfortable lounge area, a spacious double bedroom, a fully fitted kitchen, and a bathroom. The layout is designed to maximize space while maintaining a practical and functional living environment. This property offers great potential for long-term investment due to its affordability and high rental yield, making it a desirable choice for landlords seeking a solid return on investment.

Additionally, AVJ Homes Letting Agents are overseeing the sale of this property, ensuring a smooth transaction process for interested buyers. With their expertise in the local rental market, they can provide valuable insights and support to potential investors.

Investment Highlights:

This property offers a high yield of approximately 15%, which is significantly above the market average. High-yielding properties in this area are scarce, making this a strong investment opportunity. With a sitting tenant already in place paying £550 per month, the property ensures immediate rental income. Investing in a high-yield property provides long-term benefits, including a steady passive income and protection against inflation.

Local Amenities & Transport Links:
Education:
There are several schools in the vicinity, including St John Ogilvie Primary School, which is 0.5 miles away, and West Primary School, located 0.7 miles from the property. Paisley Grammar School is approximately 1.2 miles away, while the University of the West of Scotland is just 1.5 miles from the flat.

Healthcare:
The area offers various healthcare services, such as Lonend Medical Practice, which is 0.6 miles away, and Charleston Surgery, located 0.8 miles from the property. The Royal Alexandra Hospital, a major healthcare facility, is situated 1.3 miles from the flat.

Public Transport:
Paisley Gilmour Street Train Station is just 0.9 miles from the property and provides direct links to both Glasgow and Edinburgh. Regular bus services operate to Glasgow and the surrounding areas. The M8 Motorway is also easily accessible, offering a commute time of approximately 10 minutes to Glasgow and around one hour to Edinburgh.

Landlord Registration: Registration Number : 1303899/350/06102

Deposit: £39,995.00

Council Tax
Renfrewshire Council, Band A

Notice
All photographs are provided for guidance only.