2-bedroom flat · PA1 2RQ
Sold STCListed 40 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two bedroom top floor apartment enjoying a central Paisley location, offering excellent potential for buyers looking to add their own style and value.
Conveniently positioned close to a wide range of local amenities and excellent transport links, the property is likely to appeal to first-time buyers, investors and downsizers alike.
Access is via a well maintained communal hallway.
Internally, the accommodation comprises a welcoming reception hall with useful storage facilities and attractive laminate flooring, which continues seamlessly into the spacious lounge.
The bright lounge benefits from a large window formation allowing an abundance of natural light to flood the room, creating a pleasant living environment.
The kitchen offers a range of wall and base mounted units, integrated oven, gas hob and integrated fridge/freezer, providing a practical space with scope for further enhancement.
There are two well-proportioned double bedrooms, both offering comfortable accommodation and flexibility for a variety of purchasers.
The bathroom is fitted with a three piece suite and shower over the bath and would benefit from internal upgrading and redecoration, presenting an opportunity for the new owner to modernise to their own specification.
Further benefits include gas central heating, double glazing, secure entry system and ample residents' parking to the rear of the building.
Ideally situated within the heart of Paisley, the property is within easy reach of the town centre, shops, supermarkets, restaurants, leisure facilities and Paisley Gilmour Street railway station, providing excellent commuter links to Glasgow and beyond.
"Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead."
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.
We're still gathering serviced-accommodation data for this area.
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 3/2, 31, Ferguslie Walk, Renfrewshire
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