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See how verdicts work1-bedroom flat · PA1 2QT
Listing removedListed 78 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An opportunity to acquire a one-bedroom ground floor flat offering considerable potential for experienced investors, developers, or cash buyers seeking a comprehensive renovation project.
The accommodation comprises a reception room, kitchen, bathroom and one bedroom.
However, the property is currently in a very poor state of repair and requires extensive refurbishment throughout before it can be occupied.
Prospective purchasers should be aware that significant structural concerns are apparent, with substantial floor movement and sinking evident in several areas of the property, particularly within the hallway, bedroom, kitchen and bathroom.
The condition of the bathroom floor has deteriorated to such an extent that contractors were unable to complete works safely. In addition, there is currently no heating system installed.
Due to its condition, the property is considered unsuitable for immediate occupation and is offered as a redevelopment and renovation opportunity.
Interested parties are advised to undertake their own investigations and surveys regarding the condition of the building and the extent of any remedial works required. Cash buyers only.
Viewing is recommended to fully appreciate the scope of the project and potential on offer.
Paisley remains one of the West of Scotland's most accessible and affordable property markets, attracting a mix of owner-occupiers, commuters, landlords and developers.
The town benefits from excellent transport links to Glasgow city centre, regular rail services, easy access to the M8 motorway and proximity to Glasgow Airport.
Ongoing regeneration initiatives, a growing town centre offering, and the presence of the University of the West of Scotland continue to support housing demand.
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.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
Short-let licence or registration needed
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 0/2, 30, Ferguslie, Renfrewshire
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