1-bedroom flat · PA1 1TG
Sold STCReduced £5k (−8.3%) on 28 MayListed 231 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent opportunity to acquire a high-yielding buy-to-let property in the heart of Paisley.
This well-positioned flat is currently tenanted at £580 per calendar month, providing investors with an impressive 11.6% net yield.
Situated within a traditional tenement building on Blackhall Street, the property is ideally located just moments from Paisley town centre, where tenants benefit from a wide range of retail, dining, and leisure amenities.
The area remains consistently popular with working professionals and students due to its affordability and strong connectivity. Transport links are a major draw.
The property is within easy reach of Paisley Gilmour Street railway station, offering fast and frequent services to Glasgow city centre in approximately 10 minutes.
The nearby M8 motorway provides convenient access to Glasgow, Glasgow Airport, and the wider central belt, enhancing long-term tenant demand.
The building benefits from a well-maintained communal stair with a nominal cleaning charge.
In addition, there is a factoring arrangement in place, with the average monthly management and maintenance contribution being approximately £50–£60, ensuring the upkeep of the building while maintaining attractive net returns.
A Home Report is available on request.
Top Investment Highlights: Strong 11.6% net yield £600pa service charges Let at £580 PCM – immediate income Guide Price £55,000 – attractive entry level investment Prime central Paisley location close to amenities Excellent rail, motorway & airport links Low communal costs with nominal cleaning charge A turnkey investment opportunity offering strong cash flow from day one in a proven rental location.
LET PURE INVESTOR TAKE THE STRAIN AWAY... We offer a comprehensive lettings and property management service, ensuring our landlords benefit from a single point of contact for their entire portfolio.
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Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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 advisors 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
FAQ
About Blackhall Street, Paisley, Renfrewshire, PA1
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