Summary - FLAT 2/1, 4, CLAVERING STREET WEST PA1 2PX
2 bed 1 bath Flat
Low-cost, income-producing flat with tenant in place and refurbishment potential.
Freehold two-bedroom flat in sandstone tenement, approx. 624 sq ft
Current annual gross income £3,840 — approx. 7.7% gross yield
Long-term tenant in situ; vacant possession unlikely immediately
Shared rear garden only; no private outdoor amenity
On-street parking; excellent mobile signal and fast broadband
Located in a very deprived area — affects growth risk and tenant mix
Listing lacks internal photos; recommend survey and inspection
Buyers Premium applies on purchase; see Let Property Pack for details
Step-in buy-to-let in central Paisley with a long-term tenant already in place. Priced at £50,000 and producing a current gross income of £3,840, the flat offers an attractive gross yield (approx. 7.7%) for investors seeking immediate rental income and portfolio growth.
The property is a two-bedroom apartment in a traditional sandstone tenement, around 624 sq ft, with a lounge, kitchen, bathroom and shared rear garden. Tenure is freehold. On-street parking and excellent mobile signal with fast broadband make it practical for renters. The existing tenant has occupied the property for several years and intends to remain, so vacant possession is not guaranteed.
Prospective purchasers should note the location sits within a very deprived area, which affects tenant profiles, demand and potential capital growth. The listing lacks internal photos and a full survey is recommended; the building will likely require standard tenement maintenance and possible internal updating. A Buyers Premium applies on sale and full investment detail is available in the Let Property Pack for serious enquiries.
This is best suited to investors or developers wanting an income-producing asset with scope for refurbishment and steady rental return rather than owner-occupation. The combination of low purchase price, immediate income and traditional period building character creates a straightforward, low-entry investment opportunity.
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