2-bedroom flat · PA1 1FA
To rentReduced £5 (−0.4%) on 8 OctListed 69 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Gardiner Waters are delighted to bring to the market for rent, this exceptional 2 bedroom apartment in Paisley.
The Millhouse is situated over 5 levels, boasting exceptional specification, and lift access.
This property is a stylish second floor two bedroom apartment with open plan living/kitchen and dining area with ample storage and principal en suite.
Occupying a prime location in the historic town, The Millhouse development is set on the corner of Bridge Street in Paisley.
Balconies and penthouse apartments overlook the river with some enjoying panoramic views of Paisley?s Victorian Town Hall and Abbey.
The Millhouse offers modern living in the heart of Paisley with excellent transport links to connect commuters including Paisley?s Gilmour Street train station, bus services and Glasgow International Airport EPC rating: B.
Landlord Registration Number: Ren . Letting Agent Registration Number: 1907022.
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
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About 4/3, 16, Bridge Street, Renfrewshire
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