No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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This property is no longer on the market

2 bedroom apartment

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Apartment
2 bed
2 bath
850 sq ft / 79 sq m

Key information

Tenure: Freehold
Council tax: Band C
Broadband: Ultra-fast 1000Mbps *
Mobile signal: 
EE O2 Three Vodafone
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
Discover more information

Property description & features

  • Tenure: Freehold
  • 9% Annual Yield
  • Long Term, Reliable Tenant in Place
  • Next to Paisley Canal Station
  • Lift Access
  • Off Street Parking
  • Juliet Balcony
  • Double Glazing
  • Gas Central Heating
This charming, tenanted apartment offers a unique opportunity for investors. Located in a thriving town renowned for its rich history and vibrant community, this property comes with the added benefit of a reliable tenant, ensuring immediate rental income.

The spacious open plan lounge and kitchen area is set to the front of the property with patio doors leading to a Juliet balcony. The modern fully fitted kitchen area boasts a good range of floor and wall mounted units which are complemented by integrated oven, hob and hood and space for other appliances. Both bedrooms are of generous size with built in sliding mirrored wardrobes and master benefitting from en-suite shower room. Completing the accommodation internally is the three piece bathroom with coordinating white suite and shower over bath.

The property specification includes double glazing, gas central heating, secure door entry, off street parking and convenient lift access.

The property currently produces an annual gross income of £8,340 (£695 per month). This would mean an annual yield of at least 9%.

The proximity to Paisley Canal Station is a significant advantage, granting easy access to the rail network. This makes commuting to Paisley town center, Glasgow, and beyond effortless.The location is enriched with local amenities, including convenience stores, cafes, and more. With educational institutions and recreational facilities nearby, this area appeals to a wide range of tenants, making it an attractive investment choice.

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.

Living Room - 14'5" (4.39m) x 17'1" (5.21m)

Kitchen - 8'4" (2.54m) x 10'0" (3.05m)

Hallway - 4'3" (1.3m) x 21'3" (6.48m)

Master Bedroom - 13'2" (4.01m) x 8'9" (2.67m)

En-suite - 5'11" (1.8m) x 6'2" (1.88m)

Bedroom 2 - 8'5" (2.57m) x 14'9" (4.5m)

Bathroom - 8'4" (2.54m) x 7'4" (2.24m)

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.

Places of interest

    Penny Lane Homes had humble beginnings, in 2004 it all started when we noticed a lack of quality service for our investment clients from financial services. We decided to bring on board a wealth of experience from various sectors and start to build a business that puts quality customer service ahead of large unnecessary profits. We never had a large investment or marketing budget and instead gained our market share based on customer referrals. We are more aware today than ever before just how expensive it can be to sell or let your property through an estate agent, the good news is that it doesn’t need to be that way. Our marketing strategy is to provide a service that is client focused, simple to use, very cost effective and guarantees quality service. We provide a highly professional and qualitative selling package for a one off FIXED FEE charge and our home report providers are accepted by most lenders. We also pride ourselves on having built a professional property letting service where we provide our fully managed landlords with RENT ON TIME, GUARANTEED RENT and LEGAL EXPENSE COVER so that they are paid even if the tenant is unable to pay. We can offer services to landlords on all levels so if you only need marketing we can do this, if you wish for part management we can do this so no matter how big or small are your needs we can help you. We advertise your property on many sites offering local and nationwide coverage, as well as branded advertising via pennylanehomes.com Working in partnership with the biggest online property portals in the UK we will maximize national coverage in advertising your property. Being members of the British Franchise Associate we plan to franchise across the U.K. to add to our existing branches below.

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    *DISCLAIMER

    Property reference 3101_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 - Paisley.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on January 5, 2022

    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 January 5, 2022

    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

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.