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See how verdicts work3-bedroom flat · G77 5TN
Under offerListed 42 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Forming part of the former Mearnskirk Hospital, this first floor apartment has been created by the conversion of this B listed former hospital building by award winning developers John Dickie Homes.
Enjoying a preferred first floor position with lift access the property provides easy living and the development is set within delightful residents' gardens with the benefit of private residents parking and single garage.
Immediately distinguished by way of its beautiful decorative red brick frontage, pillared portico and the building itself has a recently upgraded residents' hallway/stairwell with security entrance.
The accommodation comprises traditional style reception hallway with excellent storage available, fantastic dual aspect lounge, modern dining kitchen, spacious principal bedroom with en-suite shower room and walk in closet, second good double bedroom, main family bathroom, and flexible third bedroom/TV room.
The specification of the property includes gas central heating, replacement double glazed sash and casement windows and security entrance system.
Externally the property is set within delightful residents' gardens with lawned area to rear and seating area to the front.
In addition, the flat has private residents parking and has a lock up garage with remote control up and over door fitted with power and light. EER Band B.
Local Area The property is superbly located for nearby high achieving primary and secondary East Renfrewshire schooling.
Mearns Cross Shopping Centre and Greenlaw Village are both a short distance away, and retail outlets, motorway, road and train links (Whitecraigs Station) providing swift access to the city centre are within easy reach.
There is a myriad of sport and leisure facilities available within the area and the property is also a short distance away from the countryside and equestrian facilities.
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.
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 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
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FAQ
About Southwood Place, Newton Mearns
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