Freehold two-bedroom let with parking and clear rental uplift potential.
Long-term tenant currently in situ
A straightforward buy-to-let opportunity in Paisley, offered with a long-term tenant in situ. The two-bedroom, two-bath flat occupies about 786 sq ft of traditional-layout living with a roomy lounge and allocated off-street parking. The property is freehold and benefits from excellent mobile signal and fast broadband — useful for tenants and short-term re-letting.
The current gross income is £6,720 per year, with a realistic market rent uplift to around £9,480 if re-let at current local rates. That gap presents clear yield potential for a hands-on investor prepared to review rents at renewal. The building appears modern and externally well maintained, and the flat is described as well kept internally.
Important cautions: the property sits within a very deprived area, which can affect tenant demand and resale values. A Buyers Premium will apply on purchase, and the property is sold with a tenant who has indicated an intention to stay — purchasers should review tenancy terms in the Let Property Pack before bidding. Overall, this asset will suit an investor or developer comfortable managing tenanted stock in a challenging local market.
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