Guide Price £33,000.00
Guide Price £33,000
***GOING TO ONLINE AUCTION***
Brighton & Beck offers to online auction an excellent opportunity to acquire a tenanted one-bedroom flat on Causeyside Street, Paisley, offered with a strong 28% discount against Home Report value and producing an attractive rental return from day one.
The property is currently tenanted at £400 PCM, providing a 14% yield, making this a compelling income-producing investment for landlords and portfolio buyers. With a tenant already in situ, purchasers benefit from immediate rental income and reduced void risk from completion.
The accommodation comprises a living area, compact kitchen, bedroom and bathroom, set within a traditional tenement-style building on Causeyside Street. Internally, the property is presented in lettable condition, with scope for future upgrading and modernisation to enhance rental value and long-term capital appeal.
This is a straightforward buy-to-let opportunity in an established rental location, combining income, discount to Home Report and future asset management potential.
One-bedroom flat in Paisley
Tenant currently in situ
Rental income of £400 PCM
Producing a strong 14% yield
Offered at a 24% discount to Home Report value
Traditional tenement-style building
Established town centre rental location
Scope for future improvement
Ideal for landlords and buy-to-let investors
Immediate income-producing asset
Causeyside Street is located close to the heart of Paisley, one of Renfrewshire’s principal towns and a popular residential and rental location. The area benefits from a strong mix of local shops, cafés, takeaways, supermarkets, leisure facilities and everyday amenities, with Paisley town centre within easy reach. Paisley is well regarded for its excellent connectivity, with rail links to Glasgow, surrounding Renfrewshire towns and wider central Scotland. The town is also well placed for access to Glasgow Airport, the M8 motorway network and major employment locations across the west of Scotland.
The area has a large local rental market, supported by students, young professionals, airport workers, town centre employees and commuters seeking more affordable accommodation within reach of Glasgow. Causeyside Street’s central position makes it particularly convenient for tenants looking for access to transport, shopping and local services. With tenant demand, established amenities and strong transport links, this Causeyside Street flat represents an appealing buy-to-let investment with immediate income and a notable discount to Home Report value.
Important Note
The latest published guide price is displayed on the website. The reserve price is the minimum price at which the property may be sold. The guide price represents the minimum price at which the seller may be prepared to sell on the date the guide price is published.
Both the guide price and the reserve price may be subject to change up to and including the day of the auction. All guide prices are quoted “subject to contract.” The reserve price may be higher than a previously quoted guide price. The guide price will be published online as soon as it becomes available. Lots may be sold or withdrawn prior to the auction.
Auction properties are subject to a buyer’s premium of a minimum of £4,000.00 + VAT (£4,800.00).
Each property listing will state the applicable buyer’s premium. For further information regarding a property’s buyer’s premium or any related fees, please contact a member of the team.
