1-bedroom flat · PA5 8JT
Listing removedListed 77 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Agent Ref SF01: A fantastic opportunity for first-time buyers to step onto the property ladder or for investors looking to add a strong rental property to their portfolio, this attractive modern upper cottage flat is located within the highly sought-after Springfield Park development in Johnstone.
Well presented throughout and offering excellent value for money, the property is ready to move into while still providing the opportunity for a new owner to personalise and enhance the kitchen over time.
With generous accommodation, private parking and excellent transport links, this is a home that is sure to appeal to a wide range of buyers.
The accommodation comprises a welcoming entrance hall with staircase leading to the upper landing, a bright and spacious front-facing lounge/dining room, an inner hallway with useful storage, a fitted kitchen with a range of floor and wall-mounted units, a generously proportioned double bedroom with built-in storage, and a modern three-piece bathroom.
Further benefits include double glazing, electric heating and private residents' parking.
Johnstone is a thriving Renfrewshire town that continues to prove popular with commuters, first-time buyers and landlords alike.
The property enjoys an excellent location close to Johnstone train station, offering regular services to Glasgow, while the nearby A737 provides quick access to the M8 motorway network.
A wide range of local amenities are within easy reach, including supermarkets such as Lidl, Aldi and Morrisons, together with cafés, restaurants, schools and attractive parks.
For even greater shopping and facilities, the Phoenix Retail Park in nearby Paisley is just a short drive away
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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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 83, Springfield Park, Johnstone
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