2 Bed Flat, Single Let, Paisley, PA1 2NY, £80,000

Bobbins Gate, Paisley, PA1 2NY - 3 views - 21 days ago

BTL
ROI: 14%
~68 m²
+6 photos

ValuationOvervalued

Sold Prices£40K - £238.5K

 

 

Square Metres

~68.11 m²

Value Estimate

£70,750

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£20,000

Stamp Duty & Legal Fees

£5,200

Total Cash In

£25,200

 

 

Cash Out

 

Rent Range

£650 - £1,100

Rent Estimate

£700

Running Costs/mo

£410

Cashflow/mo

£290

Cashflow/yr

£3,480

ROI

14%

Gross Yield

11%

Local Sold Prices

49 sold prices from £40K to £238.5K, average is £90K.

PriceDateDistanceAddressBeds 
£83.5K05/210 mi3d, Bobbins Gate, Paisley, Renfrewshire PA1 2NY2
£128.1K07/210.05 mi25, Bridge Lane, Paisley, Renfrewshire PA2 9BE2
£90K04/210.06 mi39, Spoolers Road, Paisley, Renfrewshire PA1 2UL2
£73K08/210.06 mi28, Spoolers Road, Paisley, Renfrewshire PA1 2UL2
£85K08/210.06 mi48, Spoolers Road, Paisley PA1 2UL2
£93K01/210.06 mi3, Spoolers Road, Paisley PA1 2UL2
£74.5K02/210.06 mi28, Spoolers Road, Paisley, Ren PA1 2UL2
£100K11/210.07 mi60a, Turners Avenue, Paisley PA1 2NZ2
£117K02/210.13 mi54, The Moorings, Paisley, Renfrewshire PA2 9AY2
£52K05/210.13 mi8h, Ferguslie, Paisley, Renfrewshire PA1 2QR2
£55K11/210.14 mi66e, Broomlands Street, Paisley, Ren PA1 2NL2
£118K02/210.17 mi38/4, Ferguslie, Paisley, Ren PA1 2QT2
£75K04/210.17 mi16, Turners Avenue, Paisley, Renfrew PA1 2PY2
£93.5K05/210.17 mi46, Turners Avenue, Paisley, Renfrewshire PA1 2PY2
£92K05/210.17 mi26, Turners Avenue, Paisley, Renfrewshire PA1 2PY2
£65K02/210.17 mi30, Turners Avenue, Paisley PA1 2PY2
£55K05/210.21 mi7d, Carbrook Street, Paisley, Renfrewshire PA1 2NW2
£77K06/210.29 mi42, Stranka Avenue, Paisley, Renfrewshire PA2 9DW2
£57K09/210.32 mi11b, Woodside Crescent, Paisley, Renfrewshire PA1 2ND2
£86.5K07/210.34 mi55, Kilpatrick Avenue, Paisley, Renfrewshire PA2 9DL2
£90K04/210.35 mi67, Kilpatrick Avenue, Paisley, Renfrewshire PA2 9EA2
£61K01/210.36 mi13d, Queen Street, Paisley PA1 2TT2
£115K11/210.39 miPlot 24, Victoria Gardens, Paisley PA2 9PQ2
£44K12/210.41 mi3, Blackstoun Oval, Paisley, Renfrewshire PA3 1LR2
£40K03/210.43 mi70, Glencoats Drive, Paisley, Renfrewshire PA3 1RW2
£142K01/210.45 mi3, Cross Road, Paisley, Ren PA2 9QG2
£74K02/240.46 mi117, Ferguslie Park Crescent, Paisley, Renfrewshire PA3 1BB2
£238.5K11/210.62 mi5, High Calside, Paisley, Renfrewshire PA2 6BY2
£115K07/210.65 mi62/5, Oakshaw Street West, Paisley, Renfrewshire PA1 2DE2
£181K05/210.65 mi69, Oakshaw Street West, Paisley, Renfrewshire PA1 2DE2
£59K04/240.65 mi120, Green Road, Paisley, Renfrewshire PA2 9AJ2
£47K06/210.68 mi32, Tannahill Terrace, Paisley, Ren PA3 1LE2
£105K12/210.69 mi38, Polsons Crescent, Paisley PA2 6AX2
£90K12/210.78 mi17, Westlands Gardens, Paisley PA2 6ET2
£161K05/210.79 mi20/1, Oakshaw Street East, Paisley, Renfrewshire PA1 2DD2
£101.5K02/240.8 mi70, Murray Street, Paisley, Renfrewshire PA3 1QT2
£68K04/210.83 mi80b, Alice Street, Paisley, Renfrewshire PA2 6DZ2
£138K02/240.85 mi10, Church Hill, Paisley, Renfrewshire PA1 2DA2
£115K07/210.85 mi49, Brodie Park Avenue, Paisley PA2 6JA2
£90K06/210.88 mi21, Stock Avenue, Paisley, Renfrewshire PA2 6AS2
£88.5K04/210.88 mi58, Stock Avenue, Paisley PA2 6AS2
£65K11/210.88 mi3e, Calside Court, Paisley, Renfrewshire PA2 6DS2
£60K05/210.92 mi56c, Glen Street, Paisley, Renfrewshire PA3 2JE2
£167.5K01/210.93 mi2 2/2, Brodie Park Avenue, Paisley, Ren PA2 6JH2
£64K08/240.94 mi10d, Rowan Court, Paisley, Ren PA2 6NB2
£100.5K12/210.98 mi85, Falside Road, Paisley PA2 6JU2
£90K01/210.98 mi69, Falside Road, Paisley, Ren PA2 6JU2
£120K05/240.99 mi58, Gallacher Avenue, Paisley, Renfrewshire PA2 9HE2
£70K11/210.99 mi3, Lylesland Court, Paisley, Renfrewshire PA2 6RR2

Local Rents

50 rents from £650/mo to £1.1K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£1,07508/240 mi-2
£1,07510/240 mi-2
£1,05002/250 mi-2
£1,00003/250 mi-2
£72505/240.05 mi-2
£80007/240.05 miFerguslie Walk, Paisley, PA12
£79508/240.05 miFerguslie Walk, Paisley, PA12
£78508/240.05 miFerguslie Walk, Paisley, PA12
£80009/240.05 miFerguslie Walk, Paisley2
£80011/240.06 mi-2
£75007/240.06 mi-2
£95005/240.06 mi-2
£95008/240.06 mi-2
£1,00008/240.06 mi-2
£75007/240.08 miFerguslie Walk, Paisley, Renfrewshire, PA12
£85007/240.17 mi-2
£82507/240.17 miTurners Avenue, Paisley, Renfrewshire, PA12
£85009/240.17 miTurners Avenue, Paisley, Renfrewshire, PA12
£72506/240.25 miWest Street, Paisley, Renfrewshire, PA12
£92508/240.25 miWest Street, Paisley, PA12
£70006/240.25 miGeorge Street, Paisley, Renfrewshire, PA12
£85003/250.26 mi-2
£92507/240.26 miWest Street, St George's Mews, Paisley2
£65006/240.26 miMaxwellton Street, Paisley2
£85008/240.26 mi-2
£82501/250.26 mi-2
£85007/240.26 miMaxwellton Street, Paisley, PA12
£85011/240.27 mi-2
£96009/240.27 mi-2
£70006/240.27 mi-2
£85006/240.28 miJohn Neilson Avenue, Paisley, Renfrewshire, PA12
£80008/240.28 miJohn Neilson Avenue, Paisley, Renfrewshire, PA12
£80008/240.28 miJohn Neilson Avenue, Paisley2
£72504/250.3 mi-2
£82002/250.3 mi-2
£90003/250.32 mi-2
£85012/240.35 mi-2
£85011/230.35 mi-2
£80006/240.36 miQueen Street, Paisley2
£72503/250.36 mi-2
£1,10008/240.39 mi-2
£1,10009/240.39 mi-2
£1,07512/240.39 mi-2
£97506/240.39 miVictoria Gardens, Paisley2
£89508/240.39 miCastle Street, Paisley, Renfrewshire, PA12
£89508/240.39 miCastle Street, Paisley, Renfrewshire, PA12
£89507/240.39 miCastle Street, Paisley, Renfrewshire, PA12
£1,10001/250.39 mi-2
£1,07503/250.39 mi-2
£1,07503/250.39 mi-2

Local Area Statistics

Population in Paisley

86,381

Town centre distance

0.80 miles away

Nearest school

0.10 miles away

Nearest train station

0.85 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+23%

Sales demand

Seller's market

Capital growth (5yrs)

+24%

Property History

Listed for £80,000

March 17, 2025

Floor Plans

Description

  • Modern upper floor flat +
  • Two well balanced bedrooms +
  • Secure door entry +
  • Allocated parking space +
  • Ideally located for local amenities +
  • Early internal viewing advised! +

SUMMARY
Bobbins Gate is set within a desirable pocket of Paisley. This upper floor flat is spacious in size and has been well maintained throughout by the current owner. Ideal first time buy or investment opportunity. Early viewing is advised to fully appreciate what this accommodation has to offer!

DESCRIPTION
Bobbins Gate is set within a desirable pocket of Paisley. This upper floor flat is spacious in size and has been well maintained throughout by the current owner. The internals comprise of entrance hall, lounge, kitchen, two bedrooms, bathroom and ample storage. The lounge is situated to the front of the property and is bright and spacious in size. The kitchen offers wall and base mounted units, induction hob, integrated oven and dishwasher. There is also plumbing for a washing machine and space for fridge / freezer. There are two double sized bedrooms both with in built storage cupboards. The internals are complete by the three piece bathroom suite. The home is further enhanced by electric heating, double glazing, a secured door entry system, private residents parking bays and maintained communal garden grounds. Early viewing is advised to fully appreciate what this accommodation has to offer!

Entrance Hallway 

Lounge 14' 1" x 10' 9" ( 4.29m x 3.28m )

Kitchen 6' x 10' 11" ( 1.83m x 3.33m )

Bedroom One 9' 4" x 10' 11" ( 2.84m x 3.33m )

Bedroom Two 11' x 6' 1" ( 3.35m x 1.85m )

Bathroom 

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Allen & Harris, Paisley

0141 673 3314

Next Steps?

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