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Description

  • Status: Available
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Tenanted
  • Bedrooms: 2
  • Council Tax: Search

Two Bedroom Top Floor Flat located within a rarely available pocket of Port Glasgow in Inverclyde *** Rental £450 pcm (£5,400 per annum) *** SUPER RETURN ON INVESTMENT *** Freehold Sale.

COMPRISES: Top Floor Flat with Entrance Hallway, Living Room, Kitchen, Two Bedrooms and Bathroom. Benefits from gas central heating and double glazing throughout.

High demand rental within walking distance of Woodhall and Port Glasgow train stations with daily connections to Greenock and Glasgow Central. Settled Tenant in place paying £450 per month.

The property has new DG windows, new boiler and freshly decorated throughout. Freehold Residential Sale. Lease agreement is signed £450 per month - £5,400 per annum.

Kilmory Terrace is set back off the main road at the foot of the Clune Brae within Port Glasgow. Popular area offering quick access to the M8 motorway network. Settled tenant in place paying £450 pcm.

Two Bedroom Top Floor Flat located within a rarely available pocket of Port Glasgow in Inverclyde *** Rental £450 pcm (£5,400 per annum) *** SUPER RETURN ON INVESTMENT. Freehold Sale. COMPRISES: Top Floor Flat with Entrance Hallway, Living Room, Kitchen, Two Bedrooms and Bathroom. Benefits from gas central heating and double glazing throughout. Port Glasgow is the second-largest town in the Inverclyde Council area of Scotland. The development is on an elevated setting with fine views out across the Clyde Estuary and the adjacent hills and mountains stretching away to Ben Lomond in the distance. Port Glasgow is close by to the flagship Waterfront Leisure Complex, Inverkip boat Marina, that offers a range of services, Gourock’s first class outdoor salt water heated swimming pool and Wemyss Bay ferry port that gives access to visit Rothesay.

Port Glasgow is an established and historic town set on the banks of the River Clyde which provides a plethora of local amenities including primary schooling, secondary education and an abundance of shops, smaller outlets, chain stores and supermarkets which may be found in both Port Glasgow and adjoining Greenock. Kilmory Terrace enjoys a very peaceful, traffic free setting elevated above the A8 dual carriageway that links Port Glasgow to Glasgow and Greenock. The property is perfectly situated and is only a short drive from Glasgow International Airport and just beyond this, the city centre of Glasgow which can be reached in around twenty minutes. Woodhall railway station is a short walk away providing regular services to Glasgow and beyond. The Braehead and Silverburn retail villages are around 14.5 miles and 15 miles respectively to the east and southeast and there one can find a tremendous range of high street multiples together with M&S and Sainsbury anchor stores. Braehead also has an IKEA furniture store. The immediate local area has good leisure facilities and Gleddoch House, Mar Hall and the towns of Kilmacolm and Bridge of Weir are not far away. There are also good leisure facilities in the Inverclyde area including swimming pools, playing fields and play parks at Finlaystone Country Park and Parklea Community Sports Facility.

Full Address: 1 Kilmory Terrace, Flat 3-2, Port Glasgow, PA14 5PF

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Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length: Annual
Rent: £5,400 per year / £450 per month
Yield: 20% (approx)
Tenant: Private Individual
Notes: Lease agreement is signed £450 per month - £5,400 per annum. Managed by local letting agent.

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Pricing Information & Bidding

Opening Bid: £27,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

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SPECIAL Terms of Sale

  • 10% Deposit
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

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Buy Now Price = £35,000

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Auction Details

Date & Time: 12 December 2024, 10am-3pm
Type: Timed Online Auction

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