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Description

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

One bedroom tenanted upper flat within Greenock town centre. Affordable residential freehold property with tenant in place paying £395 per month. Tenant payments all up to date. Freehold Sale.

Perfect buy to let investment. Traditional 2nd floor flat is set within a central Greenock location, ideal for local amenities, transport links and schools.

One Bedroom Flat with with views over the River Clyde. The layout comprises hallway, lounge to the front with open views, kitchen to the rear, double bedroom and bathroom.

One bedroom flat in a popular Greenock location. Walking distance of shops, bars, restaurants and transport. Greenock is an established rental location on the west coast of Scotland.

Glasgow City Centre - 25 Minute Drive. Greenock is situated 25 miles west of Glasgow and has a direct connection to the M8 motorway, which is the main arterial route to Glasgow and Edinburgh.

One Bedroom Tenanted Upper Flat within Greenock town centre. Affordable residential freehold property with tenant in place paying £395 per month. Tenant payments all up to date. Freehold Residential Sale. One bedroom flat in a popular Greenock location. Walking distance of shops, bars, restaurants and transport. Greenock is an established rental location on the west coast of Scotland. Greenock is an established rental location on the west coast of Scotland, with strong demand from both local tenants and commuters into Glasgow. BUY-TO-LET TENANCY DETAILS TURNKEY BUY-TO-LET SETTLED TENANT The property is already tenanted, providing income from day one PRT (Private Residential Tenancy) £395 per month - £4,740 per annum Settled Tenant - All payments up to date - Deposit held in Deposit Scheme INVESTMENT OPPORTUNITY Greenock is located approximately 20 miles west of Glasgow with a residential population in excess of 50,000 persons, within the authority of Inverclyde Council with a wider core catchment population of approx. 270,000 persons. With a rich maritime heritage, the town is looking again to the River Clyde to support its future growth, with Greenock Ocean Terminal developing a new pontoon and visitor centre to support its 140,000 cruise liner passengers per annum. Greenock’s proximity to transport links and local amenities supports strong tenant interest. VERY HIGH DEMAND RENTAL AREA IMMEDIATE CASHFLOW CLOSE TO LOCAL AMENITIES OPPORTUNITY TO ADD VALUE The property sits close to Greenock West Train Station allowing easy commuter access with a regular train service to Glasgow Central and Wemyss Bay. Regular local bus connections and convenient for both primary and secondary schools.

The town of Greenock is well known for its shipbuilding and sugar refineries with its excellent location on the firth of the Clyde. The ocean terminal provides employment for many different industries including the sizeable container port there and the cruise liners that dock there. The property benefits from its great location as it is a short walk from the nearest train station which runs a frequent service to Glasgow central. There is also a host of amenities nearby in the town Centre such as Tesco, Aldi and Morrisons. There is also the Oak mall shopping Centre and the waterfront swimming baths and leisure Centre.

Full Address: 40 Sir Michael Street, Flat 2-2, Greenock, PA15 1PL

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Map & Location

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Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length: Annual
Rent: £4,740 per year / £395 per month
Yield: 26% (approx)
Tenant: Private Individual
Notes: Tenanted

Document Downloads

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Pricing Information & Bidding

Opening Bid: £18,000

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Terms of Sale

  • 10% Deposit (Minimum £3,000)
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)



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Auction Details

Date & Time: 15 January 2026, 10am-3pm
Type: Timed Online Auction

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