This property is no longer on the market
1 bedroom flat
Key information
Property description & features
- Tenure: Freehold
- Long Term Tenant in Place
- 7.2% Annual Yield
- Ground Floor Flat
- Secure Door Entry
- Shared Parking to Rear
- Well Kept Communal Area
- Double Glazing
- Gas Central Heating
Internally, the property comprises of entrance hallway with generous storage cupboards. Access to all rooms can be found via the hallway such as large bright and airy living room, kitchen that has an array of floor and wall units as well as space for appliances, generous double bedroom which benefits from mirrored wardrobes and finally, completing the accommodation is the bathroom is fitted with a white three-piece suite.
Shared parking can be found to the rear of the property with plenty of spaces available. The apartment on offer also benefits from well kept communal area and secure door entry.
The current tenant has lived in the property for several years and has consistently paid their rent for the duration of their stay. They hope to remain in the property.
The property currently produces an annual gross income of £4,920 (£410 per month). Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.
Cyril Street is a fabulous location ideally placed for access to variety of local amenities including local shops, bus routes and primary schooling. Paisley itself offers excellent amenities including primary and secondary schooling, shops, restaurants and bars. Paisley has many good transport links at with the property being a five minute walk to Hawkhead train station, as well as the nearby M8 Network. Braehead, the RAH, Phoenix Retail Park, Glasgow Airport and the University of the West of Scotland are all on the doorstep.
MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your cooperation in order that there will be no delay in agreeing the sale.
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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Property reference 2990_LEAR. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Penny Lane Homes - Renfrew.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on May 3, 2023
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on May 3, 2023
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on August 3, 2022 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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