1-bedroom flat · PA1 1UT
Sold STCListed 157 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
McKirdy Estate Agents present to the market this immaculate Second Floor Flat, centrally positioned within Paisley Town Centre, offering ideal accommodation for first time buyers or buy to let investors.
Internally, the property is in complete walk in condition comprising Entrance Hallway with useful storage cupboard.
The impressive size Lounge is flooded with natural light from the 3 large front facing windows with ample space for dining table and chairs.
The double Bedroom is to to the rear with built in wardrobe providing storage.
The Kitchen is fitted with ample base and wall mounted units incorporating electric hob and oven with extractor above, complemented with coordinating worktop surfaces and splashback.
The Bathroom completes the accommodation with W.C, wash hand basin and bath with electric shower over complemented with tiling to walls and floor.
Furthermore, the property is enhanced with gas central heating and partial double glazing. There is also a security door entry system and communal rear garden.
Parking is available on street and permits can be applied for via Renfrewshire Council.
Paisley offers an abundance of shops, restaurants and transport facilities providing services to Glasgow City Centre and other outlying areas.
University of West of Scotland is also a short walk away, making this ideal accommodation for students. VIEWING OF THIS IMMACULATE FLAT IS HIGHLY RECOMMENDED. EPC C Council Tax Band C Freehold
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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Short-let licence or registration needed
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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
FAQ
About 5, Forbes Place, Paisley, Renfrewshire
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