2-bedroom flat · PA5 8QG
To rentListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Castle Residential are delighted to present to the market this spacious two-bedroom property, ideally situated on High Street in the heart of Johnstone.
The property offers generous accommodation, including a large lounge providing an excellent space for relaxing and entertaining, two well proportioned bedrooms, a fitted kitchen complete with white goods, and a three piece bathroom suite with shower over bath.
Offered to the market unfurnished, the property provides a blank canvas for tenants to make their own and create a comfortable home.
Situated in a convenient town centre location, the property is ideally placed for a wide range of local amenities, with shops, supermarkets, cafés and other everyday essentials all within easy reach.
Johnstone High Street offers a variety of local and national retailers, while larger supermarkets, including Morrisons, Lidl and Aldi, are also available nearby.
The property benefits from excellent transport links, with Johnstone railway station providing regular services towards Glasgow Central and destinations throughout Ayrshire.
Local bus services operate from the town centre, offering convenient connections to surrounding areas, including Paisley.
For commuters travelling by car, the nearby A737 provides access to the M8 motorway network, Glasgow city centre and Glasgow Airport.
Combining spacious accommodation with a central location and excellent transport connections, this property would be ideal for individuals, couples or small families seeking convenient town-centre living.
Early viewing is highly recommended. Please contact Castle Residential for further information or to arrange a viewing. EPC rating: D. Landlord Registration Number: 1460970/350/17082.
Letting Agent Registration Number: 1904035.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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 High Street, Johnstone, Renfrewshire, PA5
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