We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom terraced house · PA5 9TJ
Listing removedListed 244 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Penny Lane Homes are delighted to present this End Terrace Villa, set within a well established and popular residential pocket perfect for first time buyers, young families, or anyone keen to put their own stamp on a home.
The property offers bright and generous accommodation, with scope for upgrading and modernisation throughout. The welcoming entrance hallway features a useful under stair storage cupboard.
To the front, the spacious lounge and dining area enjoys dual aspect windows, filling the space with natural light from morning to evening.
The fully fitted kitchen provides excellent storage through a range of wall and base units and offers direct access to the rear garden via a UPVC door.
Upstairs, there are two well proportioned double bedrooms, each providing ample space for furniture and storage. A three piece family bathroom completes the upper level.
The home is further enhanced by gas central heating and double glazing.
Externally, the property benefits from a neatly maintained front garden, laid to lawn, while the large, fully enclosed rear garden provides a superb outdoor space. The location is a real highlight.
Set within walking distance of Johnstone’s fantastic local amenities including shops, schools, leisure facilities, and public transport links.
Johnstone Train Station is just a short stroll away, making commuting simple, while the nearby M8 motorway network offers easy access across the central belt.
For travel further afield, Glasgow International Airport is also close by. EPC Rating: D
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
Agent & docs

FAQ
About Cedar Avenue, Johnstone, PA5
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