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Description

  • Status: Available
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Vacant
  • Bedrooms: 1
  • Council Tax: Search

LARGE one bedroom top floor flat located within residential area of Port Glasgow. PERFECT BUY-TO-LET INVESTMENT*** RENTAL POTENTIAL OF £4,800 PER ANNUM after refurbishment***

COMPRISES: Hallway, lounge with bay window, kitchen, bedroom and bathroom. Requires refurbishment prior to habitation. Fire damage in communal close area and smoke damage.

Realistic Rental potential of £400pcm (£4,800 Per Annum) HUGE YIELD POTENTIAL*** in HIGH TENAT DEMAND LOCATION.

Local Sales Evidence; 18a, King Street, Port Glasgow, Renfrewshire PA14 5HZ recently SOLD for £59,505 in 22 November 2023***

Port Glasgow is ideally situated for commuters and the property is close to local amenities and the retail park. Port Glasgow railway station offers frequent service to Glasgow.

LARGE one bedroom top floor flat located within residential area of Port Glasgow. PERFECT BUY-TO-LET INVESTMENT*** RENTAL POTENTIAL OF £4,800 PER ANNUM after refurbishment*** COMPRISES: Hallway, lounge with bay window, kitchen, bedroom and bathroom. Requires refurbishment prior to habitation Realistic Rental potential of £400pcm (£4,800 Per Annum) HUGE YIELD POTENTIAL*** in HIGH TENAT DEMAND LOCATION. Local Sales Evidence; 18a, King Street, Port Glasgow, Renfrewshire PA14 5HZ recently SOLD for £59,505 in 22 November 2023*** Port Glasgow is ideally situated for commuters and the property is close to local amenities and the retail park. Port Glasgow railway station offers frequent service to Glasgow.

Port Glasgow has undergone considerable rejuvenation in the last few years with supermarkets, shopping facilities and high quality residential housing developments all recently completed. The M8 motorway network is nearby providing easy access for road travel to Glasgow and the surrounding areas. Excellent bus and rail links which is ideal for commuters. Excellent central location. Park and ride facilities are available at Port Glasgow train station less than a minute's walk from the property. Big brand shopping is less than a 5-minute walk away at Gallagher Retail Park boasting Tesco, M&S, Next, TK Maxx, B&Q and many others including restaurants. The Oak Mall Shopping Centre in Greenock, Piazza Shopping Centre and Linwood Retail Park in Paisley provide further options.

Full Address: 2 King Street, Flat H, Port Glasgow, PA14 5HZ

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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).

How to Bid... To take part in the online auction you must firstly create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest Online Auction Bidders Guide now.

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Offer Now... You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

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Terms of Sale

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

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

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Please use our PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.

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Auction Details

Date & Time: 02 May 2024, 10am-3pm
Type: Timed Online Auction

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