1-bedroom flat · PA5 8SU
Let agreedListed 38 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well-presented ground floor unfurnished property which has been recently upgraded Spacious lounge with front facing bay window offering natural light, open plan fully equipped fitted kitchen, double bedroom with ample opportunity to add the furniture of your choice.
Tastefully modernised family wet room. The subjects further benefit from fresh décor and new carpets throughout, Gas central heating and double glazing with well-maintained communal gardens.
Johnstone offers choice of local shops, schools, excellent bus and rail services to Paisley, Glasgow and surrounding districts plus in close vicinity to M8 motorway linking Glasgow Airport, Braehead Regional Shopping and Glasgow City centre.
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
FAQ
About Thomson Avenue, Johnstone, Renfrewshire, PA5
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