2 Bed Flat, Single Let, Paisley, PA1 1QU, £70,000

Seedhill Road, Paisley, PA1 1QU - 4 months ago

BTL
ROI: 4%
~68 m²
+14 photos

ValuationFair Value

Sold Prices£43K - £167.5K

 

 

Square Metres

~68.11 m²

Value Estimate

£70,000

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£17,500

Stamp Duty & Legal Fees

£4,700

Total Cash In

£22,200

 

 

Cash Out

 

Rent Range

£650 - £3,050

Rent Estimate

£400

Running Costs/mo

£319

Cashflow/mo

£81

Cashflow/yr

£975

ROI

4%

Gross Yield

7%

Local Sold Prices

44 sold prices from £43K to £167.5K, average is £90K.

PriceDateDistanceAddressBeds 
£82K04/210.25 mi102, Anchor Drive, Paisley PA1 1LH2
£74K05/210.26 mi9l, Cyril Street, Paisley, Renfrewshire PA1 1RW2
£90K07/210.32 mi34, Anchor Avenue, Paisley, Renfrewshire PA1 1LD2
£94.6K07/210.32 mi26, Anchor Avenue, Paisley, Renfrewshire PA1 1LD2
£91K12/210.36 mi82, Kelburne Oval, Paisley, Renfrewshire PA1 3SX2
£100K10/210.36 mi64, Kelburne Oval, Paisley PA1 3SX2
£135K10/210.38 mi23, Whitehaugh Drive, Paisley PA1 3PG2
£115K02/210.39 miFlat 5, Arthur Allison Hall, Whitehaugh Avenue, Paisley, Renfrew PA1 3SS2
£106K03/210.39 mi71, Whitehaugh Avenue, Paisley, Renfrewshire PA1 3SS2
£115.3K07/210.4 mi25, Kelburne Oval, Paisley, Renfrewshire PA1 3SU2
£92K04/210.4 mi81, Kelburne Oval, Paisley, Ren PA1 3ST2
£105K06/210.44 mi14, Millstream Court, Paisley PA1 1RR2
£94K10/210.45 mi55, Millstream Court, Paisley PA1 1RG2
£90K01/210.45 mi15, Millstream Court, Paisley, Renfrew PA1 1RG2
£167.5K10/210.57 mi41, Marchbank Gardens, Paisley, Renfrewshire PA1 3JD2
£120K09/210.59 mi26, Barshaw Drive, Paisley, Renfrewshire PA1 3SG2
£100K07/210.6 mi17, Greenlaw Crescent, Paisley, Renfrewshire PA1 3RS2
£108K10/210.6 mi8, Greenlaw Crescent, Paisley, Renfrewshire PA1 3RS2
£120K02/240.62 mi59, Barshaw Drive, Paisley, Renfrewshire PA1 3UA2
£43K10/210.62 mi101, Greenlaw Crescent, Paisley PA1 3RT2
£127.2K02/210.66 mi129, Arkleston Road, Paisley PA1 3TY2
£136.5K07/210.66 mi109, Arkleston Road, Paisley, Renfrewshire PA1 3TY2
£85K08/210.71 mi120, Gallowhill Road, Paisley, Renfrewshire PA3 4TY2
£135K11/210.72 mi7/1, Barshaw Place, Paisley, Renfrewshire PA1 3HJ2
£75K04/210.73 mi19, Belmont Road, Paisley, Renfrewshire PA3 4TT2
£70K04/210.76 mi9, Lawn Street, Paisley PA1 1HA2
£82K12/210.78 mi38, Netherhill Road, Paisley, Renfrewshire PA3 4RQ2
£63K05/240.8 mi86, Netherhill Road, Paisley, Renfrewshire PA3 4RW2
£55K04/210.81 mi50a, Saucelhill Terrace, Paisley, Renfrewshire PA2 6SZ2
£62.5K09/210.83 mi20, Marjory Drive, Paisley, Renfrewshire PA3 4TB2
£68K06/210.83 mi101, Netherhill Road, Paisley, Renfrewshire PA3 4RN2
£62K02/210.86 mi118, Netherhill Road, Paisley, Renfrewshire PA3 4SB2
£62K07/210.86 mi142, Netherhill Road, Paisley, Renfrewshire PA3 4SB2
£75K10/210.86 mi36, Bruce Road, Paisley PA3 4SJ2
£53.5K04/240.86 mi20, Bruce Road, Paisley, Renfrewshire PA3 4SJ2
£88K03/210.95 mi42, Lochfield Drive, Paisley, Renfrewshire PA2 6SB2
£92K04/210.96 mi125, Ellon Way, Paisley, Renfrewshire PA3 4BQ2
£82K08/210.96 mi73, Crags Avenue, Paisley, Renfrewshire PA2 6SG2
£103K07/210.97 mi119, Ellon Way, Paisley, Ren PA3 4BQ2
£138K02/240.98 mi10, Church Hill, Paisley, Renfrewshire PA1 2DA2
£66K10/210.98 mi10, Lylesland Court, Paisley, Renfrewshire PA2 6RR2
£70K11/210.99 mi3, Lylesland Court, Paisley, Renfrewshire PA2 6RR2
£90K06/210.99 mi21, Stock Avenue, Paisley, Renfrewshire PA2 6AS2
£88.5K04/210.99 mi58, Stock Avenue, Paisley PA2 6AS2

Local Rents

49 rents from £650/mo to £3K/mo, average is £895/mo.

RentDateDistanceAddressBeds 
£85002/250.03 mi-2
£85008/240.06 mi-2
£65007/240.19 miSeedhill Road, Paisley, PA12
£85006/240.24 mi-2
£65006/240.25 miAnchor Drive, Paisley, Renfrewshire, PA12
£80010/240.26 mi-2
£80006/240.28 miGlasgow Road, Paisley2
£1,10006/240.28 mi-2
£1,07506/240.28 mi-2
£1,07506/240.28 mi-2
£1,07510/240.28 mi-2
£1,07501/250.28 mi-2
£1,05003/250.28 mi-2
£1,10006/240.31 mi-2
£78006/240.32 mi-2
£80003/250.32 mi-2
£1,40006/240.34 mi-2
£75003/250.37 mi-2
£81002/250.39 mi-2
£90006/240.4 mi-2
£2,55006/240.4 mi-2
£3,05006/240.4 mi-2
£2,80007/240.4 mi-2
£3,05009/240.4 mi-2
£2,80009/240.4 mi-2
£3,05011/240.4 mi-2
£2,80002/250.4 mi-2
£79506/240.41 miCrossflat Crescent, Paisley2
£82007/240.41 miCrossflat Crescent, Paisley2
£89510/240.44 mi-2
£89510/240.44 mi-2
£79506/240.44 miMillstream Court, Paisley, Renfrewshire, PA12
£80008/240.44 miMillstream Court, Paisley2
£90005/240.45 mi-2
£85006/240.46 mi-2
£69502/250.46 mi-2
£1,30006/240.47 mi-2
£69506/240.47 miBank Street, Paisley, Renfrewshire, PA12
£79503/250.48 mi-2
£65008/240.49 mi-2
£87506/240.53 mi-2
£87502/250.53 mi-2
£1,05003/240.55 miGreenlaw Avenue, Paisley, Renfrewshire, PA12
£90005/240.57 mi-2
£1,00006/240.59 miGreenlaw Avenue, Paisley2
£95006/240.59 miGreenlaw Avenue, Paisley, Renfrewshire, PA12
£75006/240.59 miMarchbank Gardens, Ralston, PAISLEY, PA12
£95006/240.6 mi-2
£79508/240.6 miGreenlaw Crescent, Paisley, PA12

Local Area Statistics

Population in Paisley

86,381

Town centre distance

0.93 miles away

Nearest school

0.10 miles away

Nearest train station

0.13 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+23%

Sales demand

Seller's market

Capital growth (5yrs)

+24%

Property History

Price changed to £70,000

March 12, 2025

Listed for £81,000

November 28, 2024

Description

  • Buy-to-Let Opportunity +
  • 2 Bedrooms +
  • Lounge and Kitchen +
  • Spacious Rooms +
  • Likely to attract enquiries from Serious Investors & Developers. +
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack) +

Our latest listing is a 2 bedroom flat located in Paisley. It is in close proximity to valuable amenities, is able to generate rewarding rental returns and has a tenant currently situated.

This well-kept home features a 2 bedroom, 1 bathroom, a lounge and a kitchen.

Investment Details

It currently produces an annual gross income of £4,800 which could be increased by the new owner to a market rate of £8,400 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below. If you are interested, please call us.

Tenancy Details

Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.

Agent Details

Let Property Sales & Management, Glasgow

0141 673 7973

Next Steps?

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