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Description

  • Status: Available
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Vacant
  • Bedrooms: 3
  • Council Tax: Search

Second floor Modern 3 bed flat located in a commanding position to the West End of Greenock IDEAL FOR INVESTOR LANDLORD. Near walk in condition - Great RENTAL POTENTIAL **BUY TO LET OPPORTUNITY**

Comprises internally of good sized entrance hall, lounge, fitted kitchen, 3 double bedrooms and bathroom. The room sizes create a larger feel to the property. Rental income at £550 per calendar month.

FANTASTIC potential rental yield of near 25% at guide price. Property further benefits from gas central heating (untested) and PVC windows (some require immediate replacement). **EPC RATING D**

Close to Greenock town centre and main shopping area - ideal for HIGH TENANT DEMAND locally. Main bus route on Belville street and access to M8, Glasgow and beyond a short drive away.

**COMPARABLE SALES**2 bed Belville Street sold £35,000 2024**1 Bed Bawhirley Road sold £39,000 2022**2B 93 Belville street sold £45,000 2020**3B on East William Street formerly marketed at £37,500**

Second floor Modern 3 bed flat located in a commanding position to the West End of Greenock IDEAL FOR INVESTOR LANDLORD. Near walk in condition - Great RENTAL POTENTIAL. Comprises internally of good sized entrance hall, lounge, fitted kitchen, 3 double bedrooms and bathroom. The room sizes create a larger feel to the property. Rental income at £550 per calendar month. FANTASTIC potential rental yield of near 25% at guide price. Property further benefits from gas central heating (untested) and PVC windows (some require immediate replacement). **EPC RATING D**Close to Greenock town centre and main shopping area - ideal for HIGH TENANT DEMAND locally. Main bus route on Belville street and access to M8, Glasgow and beyond a short drive away. **Room Sizes** Lounge - 5.17m x 3.73; Kitchen - 3.74m x 1.98m; Bed 1 - 4.95m x 3.00m; Bed 2 4.95m x 2.74m; Bed 3 4.95m x 2.66m; bathroom 3.69m x 1.33m.**COMPARABLE SALES**2 bed Belville Street sold £35,000 2024**1 Bed Bawhirley Road sold £39,000 2022**2B 93 Belville street sold £45,000 2020**3B on East William Street formerly marketed at £37,500**

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: 7 East William Street, Flat 2-2, Greenock, PA15 4TD

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Pricing Information & Bidding

Opening Bid: £20,000

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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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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Auction Details

Date & Time: 17 April 2025, 10am-3pm
Type: Timed Online Auction

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