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2 bedroom flat for sale
Key information
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 4 TA previously sold for £85,000, 5 Flat 2/1, Kincaid Court, Greenock, Ren PA15 2 BW 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.
Places of interest
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Property reference 209615085. 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: obtained from Ofcom on June 21, 2024
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: obtained on November 16, 2014 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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