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Two-bedroom upper cottage flat

Paisley, PA2 - Get Access

2 bed 1 bath

Description

This tenanted two-bedroom upper cottage flat is located in the popular Lochfield Road, approximately two miles south east of Paisley town centre. The accommodation comprises a lounge, a modern fitted kitchen, two bedrooms, and a bathroom with a white suite and a shower over the bath. The property is part of a three-property portfolio with 3/3, 99 Paisley Road, Renfrew, PA4 8LH (1 bed flat) and 5/7, 110 Saucel Crescent, Paisley, PA1 1SX (2 bed flat), offering a cumulative guide price of £210,000 and a current rental income of £27,000 per annum. The current rental income of £800 per calendar month equates to an attractive 12% yield at the guide price. Lochfield Road is a popular residential setting to the south east of Paisley town centre, with local shops and everyday services available nearby. Larger retail facilities, including Phoenix Retail Park and Paisley town centre, are within easy reach. Residents benefit from excellent leisure opportunities, including nearby parks, sports pitches, bowling facilities, and the Lagoon Leisure Centre. The area is well served by regular bus routes, with quick access to Paisley Gilmour Street railway station, the M8 motorway, and Glasgow Airport, making it ideal for commuters. Families are well catered for with respected schooling at both primary and secondary levels, including Todholm Primary School, while the University of the West of Scotland campus is also located within Paisley. The local authority is Renfrewshire Council. Council Tax Band B.