This £57,500 Renfrew flat is a hidden investment opportunity

If you’ve been scanning Rightmove lately, you’ll know how rare it is to see a flat under £60,000 that isn’t going to auction - or in need of major repairs.

So when this one-bedroom flat in Renfrew popped up for £57,500, I took a second look.

Yes, it’s in need of modernisation. No, it’s not turnkey.

But that price? It’s not just low — it’s significantly lower than comparable properties in the same postcode, where one-bed flats in updated condition routinely sell for £85,000–£95,000.

The value is in the vision

When you walk into a flat like this, you’ll notice tired flooring, a dated kitchen and signs of wear and tear.

But look a little closer, and there’s real potential: clean lines, great natural light, and a footprint that lends itself to smart reconfiguration.

I’ve created some renders to help you see what this space could become with a modest renovation budget.

Think warm wood tones, built-in storage, a soft, layered palette, and simple styling that enhances every inch of the flat.

A cosmetic refresh could add real value.

📍Location, Location... Regeneration

Thanks to the newly opened Renfrew Bridge, this flat is just 15 minutes from Glasgow’s West End — making it an attractive option for city commuters. With direct access to Clydebank in just six minutes, it offers a faster, more connected journey across the River Clyde.

Add in the Clyde Waterfront and Renfrew Riverside project, which brings with it new public spaces, commercial developments, and improved cycle links, and you’re looking at an area on the rise.

📈 As connectivity improves, so does demand. This flat is well-positioned to benefit.

Who Is This For?

Whether you're a first-time buyer, investor or hands-on renovator, there's a case to be made:

  • Budget-conscious buyers can create a beautiful first home.

  • Landlords could modernise and attract long-term tenants.

  • Renovators can tap into the resale potential in a growing area.

⚠️ A Note on Due Diligence

I'm not the seller. I'm not affiliated with the estate agents.

I just believe this flat deserves a second look — and a chance to shine.

That said, do your own research:

  • Investigate the condition of the building

  • Review legal and title details

  • Check local comparables and recent sales

Make sure the numbers and the risks stack up for you.

What Next?

Overlooked homes like this can often be transformed into smart, stylish and surprisingly valuable spaces.

If you're looking at a flat like this and wondering where to begin — whether it's sourcing a renovation plan, deciding how much to spend, or styling it for maximum impact — I can help.

From full e-design packages to renovation guidance, I work with homeowners, investors and landlords to unlock a property's potential.

Next
Next

When property development goes too far: