2-bedroom flat · PA5 8HG
Listing removedListed 69 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Countrywide are delighted to present a handsome traditional red sandstone building on the ever-popular Ellerslie Street, this impressive first-floor flat offers an abundance of character, generous proportions and excellent convenience, making it an ideal purchase for first-time buyers, young professionals and downsizers alike.
Traditional properties are renowned for their spacious accommodation and this home is no exception.
Upon entering, a welcoming reception hallway provides access to all apartments and immediately highlights the sense of space found throughout.
The superb bay-windowed lounge is undoubtedly one of the property's standout features.
Bright, spacious and filled with natural light, it offers an excellent setting for both relaxing and entertaining while retaining the charm and character associated with traditional homes.
The property boasts two well-proportioned bedrooms, including an exceptionally generous principal bedroom which offers ample space for freestanding furniture.
The second bedroom provides flexible accommodation and could be utilised as a guest bedroom, home office or nursery depending on individual requirements.
The dining kitchen is another notable feature, offering excellent floor space for both cooking and everyday dining.
The room's size and layout create a practical and sociable environment, ideal for modern living.
Completing the accommodation is a well-appointed shower room along with useful storage throughout the property.
Further benefits include double glazing, gas central heating and access to communal rear gardens.
Location Ellerslie Street enjoys a convenient position within Johnstone, placing a wide range of local amenities within easy reach.
The town centre offers an excellent selection of shops, supermarkets, cafes and leisure facilities, while regular public transport services and nearby Johnstone railway station provide direct links to Paisley, Glasgow City Centre and beyond.
The area is particularly popular with commuters thanks to its excellent road and rail connections, while nearby schools and recreational facilities add to the appeal for a broad range of purchasers.
Residents also benefit from easy access to surrounding countryside and local parks, offering an excellent balance between convenience and outdoor living.
Combining traditional character, generous room proportions and a highly convenient location, this attractive red sandstone flat offers a fantastic opportunity to acquire a spacious home within a well-established and sought-after part of Johnstone.
Early viewing is highly recommended to appreciate the accommodation on offer.
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 26C,, Ellerslie Street, Renfrewshire
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