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Forbes Place, Paisley

Scotland

£55,000
Listed on 01/04/2026

Property Details

Bedrooms
2
Type
Ground Flat

Description

This ground floor two-bedroom apartment presents an enticing opportunity for renovation enthusiasts and investors looking to add value. Accessed via a communal close leading to pleasant shared gardens, the property boasts its own private entrance, providing a unique sense of privacy not commonly found in flats. Inside, a spacious hallway connects all areas of the home, including an open-plan lounge and kitchen that offers considerable scope for transformation into a contemporary living space. While the property requires modernisation throughout, it serves as a blank canvas for buyers eager to impose their personal style. The two well-sized bedrooms are versatile enough for various furniture arrangements, while the bathroom also stands ready for updates. Given that gas and electrical services have not been tested, prospective buyers will have room to assess and enhance these installations. With local amenities, schools, and public transport links within easy reach, this property is ideally situated for both personal living or investment potential in a burgeoning area.

Investment Analysis

(PA1 area)
Area Average
£172/sq ft
Avg Rent (weekly)
£189
Avg Yield
8.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
55
Average per month
Market Turnover
114%
Properties sold annually

Local Market Trend (PA1)

Area prices are rising by +13.7% over the last 12 months
3 year growth: +25.6%
5 year growth: +30.0%
Investment Disclaimer: Analysis based on PA1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Forbes Place, Paisley
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£195
Based on a loan of £41,250 over 30 years at 3.91% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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