9 Bed HMO, Paisley, PA1 2EF, £295,000

19 AND 19A, Wellmeadow Street, Paisley, PA1 2EF - 1 views - a year ago

Auction
HMO
ROI: 10%
~279 m²
+19 photos

ValuationOvervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£73,750

Stamp Duty & Legal Fees

£12,300

Total Cash In

£86,050

 

 

Cash Out

 

Room Rate

£357

Gross Rent

£3,213

Running Costs/mo

£2,506

Cashflow/mo

£707

Cashflow/yr

£8,485

ROI

10%

Gross Yield

13%













Property History

Listed for £295,000

March 26, 2024

Description

  • Prime Property Auctions is excited to present an Attractive HMO / Buy To Let portfolio opportunity in paisley. At a Guide Price of £295,000. +
  • An Attractive HMO property as well as a Buy To Let opportunity,showing Fantastic capital growth opportunity suited for a seasoned investor looking for a high yielding turn key investment. +
  • *** 8, Low Road, Castlehead, Paisley, Renfrewshire PA2 6AG sold for £510,000, 18, Low Road, Castlehead, Paisley, Renfrewshire PA2 6AG sold for £250,000 *** +
  • 19 currently generates £2460 p/m. This would provides £29520 p/a. 19A generates £750 p/m. This provides £9000 p/a. 38520 p/a in total with an amazing 11% yeild. +
  • Located in the vibrant centre of Paisley.Exciting nearby attractions such as sports stadiums, leisure facilities, shopping,entertainment and easy transport links close by this property is in a prime +

 

  • Prime Property Auctions is excited to present an Attractive HMO / Buy To Let portfolio opportunity in paisley. At a Guide Price  of £295,000.

 

  • An Attractive HMO property as well as a Buy To Let opportunity,showing Fantastic capital growth opportunity suited for a seasoned investor looking for a high yielding turn key investment.

 

  • * 8, Low Road, Castlehead, Paisley, Renfrewshire PA2 6AG sold for £510,000, 18, Low Road, Castlehead, Paisley, Renfrewshire PA2 6AG sold for £250,000 *

 

  • 19 currently generates £2460 per calendar month. This would provide a gross annual income of £29520. 19A currently generates £750 per calendar month. This would provide a gross annual income of £9000. This would generate an amazing yield of 11%.

 

  • Located in the vibrant centre of Paisley.Exciting nearby attractions such as sports stadiums, leisure facilities, shopping,entertainment and easy transport links close by this property is in a prime location.

 

Prime Property Auctions is excited to present an Attractive HMO / Buy To Let portfolio opportunity in paisley. At a Guide Price  of £295,000.

 

19 currently generates £2460 per calendar month. This would provide a gross annual income of £29520. 19A currently generates £750 per calendar month. This would provide a gross annual income of £9000. This would generate an amazing yield of 11%.

 

An Attractive HMO property as well as a Buy To Let opportunity, showing Fantastic capital growth opportunity suited for a seasoned investor looking for a high yielding turn key investments.

 

* 8, Low Road, Castlehead, Paisley, Renfrewshire PA2 6AG sold for £510,000, 18, Low Road, Castlehead, Paisley, Renfrewshire PA2 6AG sold for £295,000 *

 

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Make an Offer” button on our website.

 

This property is offered at a fantastic price to ensure an Auction sale.

 

The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.

 

Located in the vibrant centre of Paisley.Exciting nearby attractions such as Universities, sports stadiums, leisure facilities, shopping,entertainment and easy transport links close by this property is in a prime location.

Agent Details

Prime Property Auctions (Scotland) Ltd, Glasgow

0141 465 5880

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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