2-bedroom terraced house · PA5 8JP
Listing removedListed 365 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
534 Ritchie Park, Johnstone, PA5 8JP Two-Bedroom Home | Freshly Decorated | Move-In Ready Pennylane Homes are delighted to offer to the market this bright and spacious two-bedroom home nestled in the popular Ritchie Park development in Johnstone.
Perfectly suited to first-time buyers, young professionals or those looking to downsize, this property offers a comfortable and freshly updated space ready to be made your own.
With its fresh décor and ready-to-go condition, this house represents a great opportunity for anyone looking for a move-in ready property in a well-connected and desirable area.
The two-bedroom layout gives versatility for couples or small families. The excellent presentation ensures you can simply bring your furniture and settle in without the need for major works.
The property further benefits from a good sized rear garden.
Location & Lifestyle Located on a quiet residential street, this property enjoys the benefit of a friendly community feel while being within easy reach of Johnstone town centre and its range of shops, cafés and services.
Good transport links make commuting to nearby centres straightforward. Green spaces and local schools are also well served in the area. Don’t miss the chance to view this charming home.
Contact us to arrange a viewing and see for yourself the fresh feel and thoughtful presentation of this property.
With presentation like this, we expect a strong interest, so early viewing is recommended.
Please note: All information has been provided to the best of our knowledge and any prospective purchaser should satisfy themselves as to the property’s condition, layout and furnishings.
EPC Rating: C
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.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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 534, Ritchie Park, Johnstone, PA5
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