What is a Sourced Approved Investment?
These properties have been carefully sourced and packaged by experienced property investment specialists and trusted Sourced Partners.
- Pre-vetted for investment potential
- Due diligence carried out
- Tailored for investor goals
- Backed by Sourced's expertise and network
Key financials
Profit pa£5,100
ROCE36%
Yield12%
Purchase £ £70,960
Property description
Strategy: Buy to Let
High-Yield turnkey BTL just outside of Glasgow (Scotland)
Home Report Valuation Available!
A rare opportunity to secure a hands-off below-market-value investment offering high return and strong long-term rental demand.
Located in the thriving town of Paisley, this property benefits from excellent local amenities and superb connectivity. Glasgow City Centre is just 10 minutes by train, with the nearest station an 8‑minute walk away. Glasgow International Airport is reachable in under 3 minutes by car, making this an ideal location for professional tenants and frequent travellers.
Property Overview
This bright and spacious one‑bedroom first‑floor flat extends to approximately 62 sq m and is presented in walk-in condition, ensuring immediate rental appeal. The main appeal is the large dining kitchen offering the option to convert the property into a two-bedroom apartment.
Accommodation comprises a welcoming entrance hallway including a large walk-in storage cupboard, a spacious lounge featuring an ornate fireplace, a large double bedroom, a two-in-one kitchen and dining room and a three-piece bathroom with wooden feature wall panelling. Further benefits include gas central heating and double glazing throughout.
Parking: unrestricted on street parking, Garden: rear communal area
EPC rating: C
Tenure: Freehold (absolute ownership)
Rental Performance
• Expected rent: £750 pcm / £9,000 pa
• Fully aligned with current market rates
• Strong demand from professional tenants due to location and transport links
Key Financials - Cash purchase and refinance model:
▪ Purchase price: £62,000
▪ GDV: £77,000
▪ Annual profit: £5,100
▪ ROCE: 36%
▪ Yield: 12%
This combination of below‑market acquisition, high rental yield, and strong ROCE makes the property an excellent addition to any portfolio, particularly for investors seeking reliable, passive income with growth potential.
For further information or to discuss this opportunity in more detail, please get in touch.
Sourced reference: 529316134364722
Due diligence
No information supplied.
Disclaimer
Sourced endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and are not to be relied as statements of representation or fact. The selling agent may or may not be the sole agent and will provide confirmation upon request. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency given. All measurements have been taken as a guide and are not precise, please be aware some of the details may be waiting vendor approval. If you require confirmation or further information, please contact the selling agent. Fixtures and fittings are to be confirmed with the seller and not relied upon when listed. Sourced are not responsible for any loss of monies due to the purchase or purchase process with any property listed.
Key financials
Profit pa£5,100
ROCE36%
Yield12%
Purchase £ £70,960
Sales Agent
Michael Haguinet
August Place Property Ltd
Smart support to move your deal forward
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What is a Sourced Approved Investment?
These properties have been carefully sourced and packaged by experienced property investment specialists and trusted Sourced Partners.
- Pre-vetted for investment potential
- Due diligence carried out
- Tailored for investor goals
- Backed by Sourced's expertise and network