BIDDING OPENS in...

Map & Location

Map   Street View   Satellite

Description

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

**IDEAL FOR DEVELOPER** 2 bedroom top floor tenement flat with elevated views to the Clyde estuary. FULL REDEVELOPMENT REQUIRED - property in need of modernisation - Potential for capital growth.

Accommodation comprises communal entrance hall with secure entry, lounge, fitted breakfasting kitchen, 2 double bedrooms and internal bathroom. All rooms require upgrading prior to habitation.

Property is further enhanced by a system of GAS CENTRAL HEATING (untested), UPVC Double glazing and traditional larger style tenement room sizes. Would suit rental post renovation works.

Potential for rental income strong post renovation - Income should be in the region of £600 per calendar month, £7200 per annum - an impressive rental yield of around 25% on Guide Price.

**COMPARABLE SALES**2 Bed Belville Street (Morton Terrace) sold £55,000 2020**2 Bed, 3c Carwood Street sold £60,000**2 bed Belville Street sold £52,000 2022**EPC RATING D**

**IDEAL FOR DEVELOPER** 2 bedroom top floor tenement flat with elevated views to the Clyde estuary. FULL REDEVELOPMENT REQUIRED - property in need of modernisation - Potential for capital growth. Accommodation comprises communal entrance hall with secure entry, lounge, fitted breakfasting kitchen, 2 double bedrooms and internal bathroom. All rooms require upgrading prior to habitation. Property is further enhanced by a system of GAS CENTRAL HEATING (untested), UPVC Double glazing and traditional larger style tenement room sizes. Would suit rental post renovation works. Potential for rental income strong post renovation - Income should be in the region of £600 per calendar month, £7200 per annum - an impressive rental yield of around 25% on Guide Price.**COMPARABLE SALES**2 Bed Belville Street (Morton Terrace) sold £55,000 2020**2 Bed, 3c Carwood Street sold £60,000**2 bed Belville Street sold £52,000 2022**EPC RATING D**Room sizes - lounge: 3.89m x 3.79m; kitchen 4.03m x 1.93m; Bed 1 3.76m x 3.12m; bedroom 2 3.8m x 2.14m.

Greenock has a fantastic range of local amenities, a number of high street stores, retail parks and superb shopping facilities within the town centre. There is primary and secondary schooling, and nursery care nearby. The town is situated approximately 23 miles west of the city of Glasgow with a resident population of around 50,000. It is a historic town set upon the banks of the River Clyde world renowned for shipping, sea faring mariners and of course its ship yards and nautical endeavours of yesteryear. Now it is a vibrant west coast town close to numerous centres of commerce and industry whether it be the Ayrshire coast or indeed Glasgow. The area benefits from easy access across Scotland towards Edinburgh, the Highlands and further afield via excellent roads, including the M8 Motorway network and ferries. Further excellent transport links to Gourock, Largs and the throughout the West coast of Scotland.

Full Address: 97 Belville street 6 Morton terrace, Greenock, PA15 4SX

Show More

Document Downloads

  Legal Pack (Pending)

 * Click the above 'Pending' document link to log your request and we will notify you once available.

Pricing Information & Bidding

Opening Bid: £18,000

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.

View Live Online Auction

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.

Submit Offer Now

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.

Payment Calculator

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.

Payment Calculator

Auction Details

Date & Time: 20 February 2025, 10am-3pm
Type: Timed Online Auction

View Full Auction Catalogue