Great refurb opportunity.

Going under the hammer this two-bedroom ground floor flat in the popular town of Paisley. The property has been internally stripped and presents a full refurbishment project, offering an excellent blank canvas for investors, developers or builders looking to add value. Once reinstated, the accommodation would comprise a reception hallway, spacious lounge, kitchen, two well-proportioned bedrooms and a bathroom. The property requires complete internal reinstatement, making it perfectly suited to those seeking a BRRR (Buy, Refurbish, Rent, Refinance) investment strategy or a straightforward value-add renovation project. The property enjoys a prime town centre location, with Paisley’s wide range of shops, cafes, restaurants and local amenities within easy reach. The area benefits from excellent transport links, including nearby rail connections providing convenient access to Glasgow and the wider Central Belt, as well as regular bus services and strong road connections. Paisley continues to experience strong rental demand, making this an attractive opportunity for buy-to-let investors once the refurbishment is complete. Local Housing Allowance indicates approximately £523 per month, however a higher rental figure may be achievable on the open market. Early viewing is encouraged to fully appreciate the scope of refurbishment and the investment potential on offer. Council Tax Band A. Please note that the vendor is a connected person under the terms of the Estate Agents Act 1979. Unsafe properties are evidently in a condition that poses a serious risk to the health or safety of occupants or visitors, or where the way the home is marketed suggests it is unsuitable for occupation in that condition. There is little point in a condition survey being undertaken on a home that is unfit for occupation in any case and is being advertised as such.

Tenure

Freehold

Area

Centrally located in Paisley, Renfrewshire’s largest town, offering a wide range of amenities including shops, supermarkets, cafes, restaurants and leisure facilities all within walking distance. The property is well positioned for commuters with Paisley Gilmour Street railway station nearby, providing frequent services to Glasgow city centre and beyond. The area also benefits from excellent road connections, including quick access to the M8 motorway, Glasgow International Airport and surrounding commercial centres. Paisley’s strong rental market, large student population linked to the University of the West of Scotland, and ongoing regeneration make it an attractive location for property investors.

Local Authority

Renfrewshire Council

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.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.