- Auction Date: Tuesday 3rd June
- Method: Traditional auction terms
- Tenure: Assumed freehold
This property listing is now SSTC
Flat for sale in Renfrewshire
For Sale by Auction Tuesday 3rd June
A ground floor studio flat forming part of a traditional threestorey stone-built tenement, located within a mixed residential and commercial area of Paisley, close to the town centre and local amenities.
The accommodation comprises an entrance hallway, openplan lounge/bedroom, fitted kitchen and shower room. The property extends to approximately 26 square metres and benefits from a secure communal entry system together with shared rear garden grounds.The property is understood to be around 125 years old, of solid stone construction with a pitched tiled roof. Heating is provided by an electric panel heater. Services are present but were noted as shut off at the time of inspection.The flat is considered suitable for cash buyers only, with the Home Report valuation confirming the property is unlikely to meet mainstream mortgage lending criteria due to price bracket and condition.
This represents an excellent opportunity for investors or developers seeking a compact, centrally located property with future rental or resale potential, subject to upgrading and compliance.
Guide valuation per Home Report: £25,000
All services/appliances have not, and will not be tested
Measurements (Approx)
Lounge/Kitchen - 3.83m X 4.05m
Shower Room - 1.80m x 1.55m
Entrance - 1.96m x 1.07m
Paisley is a historic and wellconnected town located to the west of Glasgow, offering an excellent mix of period architecture, modern amenities and strong transport links. Known for its rich industrial heritage, the town has undergone significant regeneration in recent years and continues to grow in popularity with both owneroccupiers and investors.The town centre provides a wide range of shops, supermarkets, cafés, bars and leisure facilities, along with cultural attractions such as the Paisley Abbey, Town Hall and museum. The University of the West of Scotland campus further adds to the areas vibrancy and rental demand.Paisley benefits from excellent transport connections, including frequent rail services to Glasgow Central in under 15 minutes, easy access to the M8 motorway, and proximity to Glasgow Airport, making it an ideal base for commuters and travellers alike.
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.
Property Ref: WAD260085
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