For sale by auction on Thursday, 27 June 2024 at 14:00

Venue: Radisson Red, 25 Tunnel Street ? G3 8HL

New to auction is this two bedroom ground floor flat in the Gallowhill area, approximately 1.5 miles from Paisley town centre. The accommodation comprises spacious front facing lounge, two bedrooms, kitchen and bathroom with over bath shower. There is also a large shared garden area to the rear. A programme of upgrade works is required which offers a great opportunity to add value post works. Offering a generous 32% discount against the Home Report value of ?58,000. Rental investors will also be attracted to potential post works rental income of ?6283pa (LHA), but the property is equally suitable for those looking for their first step on the property ladder. Early viewing is essential to fully appreciate the value on offer. Council Tax Band: A.



Comparables:

Flat 1/2, 50 Bruce Road, Sold for ?76,000, 01/24

31 Motehill Road, Sold for ?73,000, 03/24

Flat 1/2, 99 Bruce Road, Sold for ?69,000, 05/23

Area
Paisley sits close to Glasgow airport and the M8 motorway network providing access to Glasgow and all points beyond. There are frequent bus services and two railway stations, which makes it ideal for commuting. Local shopping is available close by including supermarkets and a wider selection of High Street stores are found in Paisley town centre. Excellent local schooling is available at both primary and secondary level. Paisley University and the Royal Alexandra Hospital are also in Paisley, creating much demand for buy to let properties.

EPC Rating: D

Viewings

Additional Fees
Administration Charge - 3.6% inc VAT of the purchase price, subject to a minimum of ?3600 inc VAT, payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.