Worst House on the Street Logo
9 Alder Place, Johnstone, PA5 0DE - Image 1
9 Alder Place, Johnstone, PA5 0DE - Image 2
9 Alder Place, Johnstone, PA5 0DE - Image 3

9 Alder Place, Johnstone, PA5 0DE

Scotland

£115,000

Listed on 19/09/2026

The listing

Property details

Bedrooms
2
Type
Semi Detached Villa
Area
732 sqft

Description

This semi-detached house presents a promising opportunity for buyers looking to create their ideal home. Located on Alder Place, this property features two double bedrooms and generous gardens that offer substantial outdoor space. The layout is practical, with the ground floor comprising a spacious lounge and a functional kitchen, while the upper level hosts two well-sized bedrooms alongside a family bathroom. The gardens, currently mainly laid to lawn, provide ample potential for landscaping and personal touches. Conveniently situated near Johnstone town centre, residents will benefit from easy access to local amenities, including shops, schools, and transport links. Johnstone railway station is nearby, offering regular services to Glasgow and surrounding areas. This property is perfect for those seeking a project to modernise and add value.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

48out of 100
Grade ELow opportunity

Confidence: MEDIUM

9 Alder Place presents a solid opportunity for buyers seeking a property they can modernise to their taste. With a guide price of £115,000, this semi-detached house is competitively priced at £157/sqf, which is notably below the local average of £181/sqf. This affordability offers a chance to acquire a home in a good location, close to Johnstone town centre and transport links, while being able to enhance its value through renovation.

However, while the asking price is appealing, the overall economics of this project are less favourable. With renovation costs expected to range from £40,000 to £80,000, the total all-in cost could reach around £175,000. This total would place you above the implied current local average value of £132,821, raising concerns about potential returns on investment. The dated interiors throughout the house, including the living room, bedrooms, kitchen, and bathroom, require substantial cosmetic updates, but these also provide a canvas for personalisation and improvement. The garden areas, while currently overgrown, offer ample space for landscaping, enhancing the property's appeal further.

Key opportunities

  • Generous garden space with potential for landscaping
  • Good location close to amenities and transport links
  • Scope to modernise and personalise dated interiors

Key risks

  • Overall renovation costs could exceed current local market values, limiting potential returns.
  • Worth allowing for £175,000 including the asking price and quoted works of about £60,000 — around 24% above what similar-sized stock commands locally today, so margin after refurbishment is unproven.

Unlock the full analysis

Sign up to see the refurb profile, below-market value, yields, and local market trends for this and every other property that has them.

Sign up free

Already have an account? Sign in

Interested in similar properties?

Create an alert and we'll notify you when similar renovation opportunities are listed.

Sign in to create alert

Map

Location

9 Alder Place, Johnstone, PA5 0DE
Loading map...

Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£434
Based on a loan of £86,250 over 30 years at 4.45% 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.

Tax

Stamp duty calculator

Indicative tax based on the asking price and the options you select.

Services

Next steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.