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Description

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

**INVESTMENT OPPORTUNITY**Third floor 2 BED trad style flat - IDEAL for REDEVELOPMENT. Close to Greenock town centre - high tenant demand locally if used for rental - potential 20%+ yield.

Comprises internally - communal entrance, hallway, lounge, fitted kitchen, 2 bedrooms and bathroom. Some internal refurbishment required as property had Long term tenant.

Further benefits from a system of central heating, double glazing and communal gardens. IDEAL for landlord post renovations with a potential rental income £500-£550 per calendar month.

The town of Greenock has a wide range of local amenities including busy high-street shopping. Belville street is located off Old Kilmacolm Road and comprises a selection of property types.

**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**

**INVESTMENT OPPORTUNITY**Third floor TWO BEDROOM trad style flat - IDEAL for REDEVELOPMENT. Close to Greenock town centre - high tenant demand locally if used for rental purposes - potential 20%+ yield. Comprises internally - communal entrance, hallway, lounge, fitted kitchen, 2 bedrooms and bathroom. Some internal refurbishment required as property had Long term tenant. Further benefits from a system of central heating, double glazing and communal gardens. IDEAL for landlord post renovations with a potential rental income £500-£550 per calendar month. The town of Greenock has a wide range of local amenities including busy high-street shopping. Belville street is located off Old Kilmacolm Road and comprises a selection of property types. PRICED TO SELL**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**

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 yester year. 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: 74 Belville Street, 3rd Floor Flat, Greenock, PA15 4SY

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Pricing Information & Bidding

Opening Bid: £25,000

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)
  • 4 Weeks Completion or Longer By Agreement
  • Contribution to Sellers Costs £2,750 for on time settlement

VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.

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Auction Details

Date & Time: 11 September 2025, 10am-3pm
Type: Timed Online Auction

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