2-bedroom house · PA5 9LW
Listing removedListed 116 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Penny Lane Homes are delighted to offer this rare to the rental market two bedroom family home on Wallace Avenue, Elderslie.
This turn key home is available right away and consists of spacious lounge, fully fitted kitchen with appliances, two double bedrooms and bathroom with shower cubicle.
Neutrally decorated this property also benefits from gas central heating, double glazing and front and back garden.
As you will see from the photos, the back garden is a great size for a family to enjoy! Contact us now to register your interest! Council Tax Band C Letting Agent Code: LARN1904023 EPC Rating: E
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
Short-let licence or registration needed
We're still gathering serviced-accommodation data for this area.
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 53 Wallace Avenue, Johnstone
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