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New Street, Paisley
AVJ Homes are delighted to bring to market this well-presented, spacious one-bedroom second-floor flat, located in the highly sought-after heart of Paisley town centre. Positioned within a traditional, character-rich sandstone four-storey tenement, the property offers a turnkey investment opportunity, with a tenant already in place paying ?700 per calendar month.
With a strong local rental market driven by demand from students, working professionals and hospital staff, this property delivers immediate rental income and long-term growth potential.
Accommodation Overview Approx. 37.0m? / 398 ft?
? Bright, spacious open-plan lounge/kitchen with bay window (18`1` x 10`5`)
? Good-sized double bedroom (9`6` x 13`3`)
? Contemporary bathroom with 3-piece suite (6`4` x 6`4`)
? Well-kept hallway (9`11` x 3`5`)
? Laminate flooring throughout
? Modern white gloss kitchen and tiled splashback
INVESTMENT HIGHLIGHTS
? Tenanted investment ?700 PCM rental income
? ?8,400 annual rental yield
? Gross yield of approx. 10.5% based on offers over ?80,000
? Located minutes from University of the West of Scotland (UWS) high tenant demand
? Minimal void risk due to strong local rental market
? Excellent access to public transport and retail amenities
? Highly rentable layout and d?cor
Paisley remains a top investment hotspot in Renfrewshire due to its:
? Close proximity to Glasgow
? Expanding student population
? Consistent demand for affordable rentals
? Regeneration projects boosting capital appreciation
? Low entry price point with high gross yields
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Purchasers must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Council Tax
Glasgow City Council, Band A
Utilities
Electric: Unknown
Gas: Unknown
Water: Unknown
Sewerage: Unknown
Broadband: Unknown
Telephone: Unknown
Other Items
Heating: Not Specified
Garden/Outside Space: No
Parking: No
Garage: No

This property is marketed by

AVJ Homes Letting and Estate Agents - Glasgow, Glasgow, G44
4.9/5 Rating
(243) reviews
Agent Statistics (Based on 243 Reviews) :