Land · PA2 6JW
For saleListed 355 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare opportunity to purchase a superb residential building site, which already has full planning permission for only three fabulous eight apartment homes.
A rare opportunity to purchase a superb residential building site, which already has full planning permission for only three fabulous eight apartment detached family homes, within one of Paisleys premier addresses.
This sheltered corner site extends to approximately 0.5 of an acre and has current full planning permission for the construction of three five bedroom detached homes of circa 2500 sq ft.
The site also comes with full Scottish water and drainage approval and all services are at/near the site. There are no onerous ground conditions and only regular standard foundations are required.
As you will see from the attached information, each house provides bright and spacious accommodation which has been thoughtfully designed for modern day living, all centred around the large semi open plan living/dining/ kitchen area, which has direct access to gardens, all south facing to rear.
The site benefits from a quiet sheltered corner position within the established Stanley area of Paisley, surrounded by large traditionally built stone Villas.
The surrounding roads are quiet and tree lined, Brodie park is literally across the road and school plus local facilities are all close to hand.
The plot is circa 0.7miles from Paisley Canal Street station which provides direct access to Glasgow Central Station as well as just a ten minute drive from the M8 motorway.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
Set an offer; the calculator follows it.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 18, Park Road, Paisley
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