Property for sale

Broomlands Street, Paisley, Renfrewshire PA1

A fantastic opportunity for investors and developers to acquire a ground floor studio flat within a traditional sandstone tenement building in Paisley. Offering excellent potential for value enhancement, the property is being sold via auction with bidding ending on 26th August.

The accommodation extends to approximately 28 sq m and comprises a living room, separate kitchen and bathroom. The property further benefits from double glazed UPVC windows, secure entry system and access to communal garden grounds.

The Home Report identifies the property as requiring a comprehensive programme of refurbishment and upgrading, making it ideally suited to experienced investors, builders or cash buyers looking to undertake a renovation project and add value. The surveyor notes that significant upgrading expenditure is required and the property is considered suitable for cash purchase only.

Situated within Paisley, the property enjoys access to a range of local amenities, retail facilities, transport links and commuter routes, with Glasgow easily accessible via road and rail connections. The location continues to prove popular with tenants and investors alike.

Auction Details
For sale by auction – 26th August.
Tenure - Freehold
Home Report Valuation: £25,000
EPC- Band G

We would urge you to register a couple of days in advance as we cannot guarantee you will be registered on time to bid if we only receive your documents on the day of the auction.

It is imperative that you register to bid in the name you wish the property to be registered with Land Registry on completion. If buying in a company name, please ensure to detail the company name on the registration. Once the property is exchanged, the vendor could decline to accept any change.

Buyers should review the legal pack with their solicitor and ensure they do their own due diligence before deciding to purchase.

All property offered at auction is under an unconditional contract, requiring the successful buyer to pay a 10% non-refundable deposit and complete within the terms of the contract, which will normally be 14 or 28 days. For these reasons, it is suitable for cash buyers only.