3-bedroom house · PA5 9RA
To rentReduced £50 (−3.2%) on 24 OctListed 12 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A bright and generously proportioned three-bedroom home on a quiet residential road in Elderslie, finished to a modern standard throughout. Light is a defining feature here.
The living spaces are open and well balanced, with room to settle in comfortably and arrange things as you like.
The kitchen and bathroom have been updated with clean, contemporary finishes, and the three bedrooms give the flexibility to use one as a home office, guest room or nursery.
Outside, a large garden offers real space for children, for growing, or simply for sitting out on longer evenings. A private driveway provides off-street parking.
Elderslie has a settled, village character while keeping Paisley, Johnstone and Glasgow within easy reach.
Wallace Primary School is close by on Greenhill Crescent and Castlehead High School in Paisley. Everyday shopping is local, with further choice at Phoenix Retail Park.
For commuting, Johnstone and Paisley stations both offer regular trains into Glasgow Central, the A737 links quickly to the M8, and Glasgow Airport is a short drive away.
The surrounding area rewards time spent outdoors.
Gleniffer Braes Country Park offers open walking with long views across the Clyde valley, Castle Semple Loch at Lochwinnoch is a short drive west, and the village itself has the Wallace Memorial, marking the traditional birthplace of William Wallace.
Paisley Abbey and the town’s cafés and restaurants are a few minutes away.
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
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FAQ
About Balmoral Road, Johnstone
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