No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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This property is no longer on the market

2 bedroom flat

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Flat
2 bed
1 bath

Key information

Tenure: Freehold
Council tax: Band A
Mobile signal: 
EE O2 Three Vodafone
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
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Property description & features

  • Tenure: Freehold
  • Prime Property Auctions is excited to present this 2 bedroom flat HUGE REFURB OPPORTUNITY located in Greenock. *GUIDE PRICE of £10,000*
  • *92, Belville Street, Greenock, Renfrewshire PA15 4TA previously sold for £85,000, 5 Flat 2/1, Kincaid Court, Greenock, Ren PA15 2BW sold for £90,750*
  • Prior to habitation the property requires full renovation. Fantastic opportunity to add value and achieve excellent rental yield.
  • Once renovated the property would attract a monthly rental of £550- £650 p/m (£6,600 - £7,800 p/a) giving an incredible yield of 78% based on guide price of £10,000.
  • Property is located near a whole host of local amenities including many popular restaurants, bars and supermarkets, with local schools also nearby.
 

  • Prime Property Auctions is excited to present this 2 bedroom flat HUGE REFURB OPPORTUNITY located in Greenock. *GUIDE PRICE of £10,000*

 

  • *92, Belville Street, Greenock, Renfrewshire PA15 4TA previously sold for £85,000, 5 Flat 2/1, Kincaid Court, Greenock, Ren PA15 2BW sold for £90,750*

 

  • Prior to habitation the property requires full renovation. Fantastic opportunity to add value and achieve excellent rental yield.

 

  • Once renovated the property would attract a monthly rental of £550- £650 p/m (£6,600 - £7,800 p/a) giving an incredible yield of 78% based on guide price of £10,000. 

 

  • Property is located near a whole host of local amenities including many popular restaurants, bars and supermarkets, with local schools also nearby.

 

Prime Property Auctions is excited to present this Massively Discounted Opportunity, this 2 bedroom flat located in Greenock. *GUIDE PRICE of  £10,000*

 

Property comprises: Hallway Entrance, 2 Bedroom, Bathroom, Kitchen, Living Room and ample storage space. Needs Full Renovation.

 

Property requires full renovation. Sure to appeal to shrewd builders/investors/developers looking for a rare project with remarkable yield potential .

 

Sales Evidence: 

 

*92, Belville Street, Greenock, Renfrewshire PA15 4TA previously sold for £85,000, 5 Flat 2/1, Kincaid Court, Greenock, Ren PA15 2BW sold for £90,750*

 

Prior to habitation the property requires full renovation. Fantastic opportunity to add value and achieve excellent rental yield.

 

Once renovated the property would attract a monthly rental of £550- £650 p/m (£6,600 - £7,800 p/a) giving an incredible yield of 78% based on guide price of £10,000.

 

The local areas have seen some great sales recently showing that there is strong demand recently, should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.

 

This lot is open to immediate offers. Swing that there is strong demand.

 

This property is offered at a fantastic price to ensure an Auction sale.

 

The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.

 

Location: 

 

Greenock, located on Scotland's west coast in Inverclyde, offers attractive investment opportunities with its strategic coastal position, rich maritime heritage, and ongoing redevelopment projects. The town benefits from excellent transport links to Glasgow and robust road and rail networks, enhancing accessibility. Greenock's diverse economy, strong in maritime industries, manufacturing, and services, is bolstered by significant waterfront redevelopment and infrastructure improvements. The town's scenic coastal views, cultural landmarks, and vibrant community spirit make it an appealing destination for investors seeking growth and opportunities in a dynamic coastal town.

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    *DISCLAIMER

    Property reference 207651230. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Prime Property Auctions - Glasgow.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength: obtained from Ofcom on June 21, 2024

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.