OPENING BID

Timed Online Auction

27 January 2022, 10am-3pm

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  • TypeFlat
  • Ownership Freehold
  • Occupation Tenanted
  • Bedrooms 2
  • Council Tax Search SAA

Description

Full Address: 7 Nile Street, Flat C, Greenock, PA15 4EX

Modern TWO Bedroom FIRST FLOOR FLAT --- TENANTED RESIDENTIAL INVESTMENT AT REALISTIC GUIDE PRICE *** REFURBISHED BUILDING *** RICS HOME REPORT - 45,000. Secure Door Entry. Tidy Communal Areas.

Comprises: Hallway with storage, two double bedrooms, generous lounge, fitted dining sized kitchen and bathroom. Benefits: Secure Door Entry System, well maintained and Double Glazing throughout.

Immaculate communal entrance and stairwell. Private resident's gardens (pictured). Building is protected by a security door entry system and OPEN VIEWS over Greenock and Clyde Estuary.

TWO BEDROOM FLAT --- LANDLORD SALE INSTRUCTION Currently Rented on PRT agreement at 425 per month - 5,100 per annum income. Close to Tesco and Morrison's supermarkets and A8/M8 transport links.

Sale in building: 7 Nile Street, Greenock, PA15 sold for 63,000. Retail Park at Port Glasgow and Glasgow International Airport both easily accessible. Glasgow city centre approx. 30 mins drive.

TWO Bedroom First Floor Flat. TENANTED INVESTMENT OPPORTUNITY AT REALISTIC GUIDE PRICE *** REFURBISHED BUILDING. Communal Gardens. NEW ENTRY AT AFFORDABLE GUIDE AND RESERVE PRICE. COMPRISES: Entrance hallway with storage, two double bedrooms, generous lounge, fitted dining sized kitchen and bathroom. Benefits: Secure Door Entry System, well maintained property with double glazing. Settled Tenant. Immaculate communal entrance and stairwell. Private resident's gardens (pictured). Building is protected by a security door entry system and OPEN VIEWS over Greenock and Clyde Estuary. LANDLORD SALE INSTRUCTION --- Currently tenanted on PRT agreement at 425 per month - 5,100 per annum income. Close Tesco/Morrison's supermarkets and A8 transport links to the surrounding area. EPC Rating - Band C

Convenient for Drumfrochar railway station offering a regular service to Glasgow and local bus connections. Affordable home offering an ideal rental investment with tenant in occupation. All payments up to date and received monthly on time. Situated close to local amenities including both Tesco Extra Store and secondary schooling. New Gallagher Retail Park available in nearby Port Glasgow offering an abundance of High Street names. Greenock town centre and notably West Blackhall Street offer a plethora of high street shopping and a number of bars and restaurants. Leisure facilities can be found within Greenock at the Waterfront Complex including a large gym, curling and ice rinks together with swimming pool

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Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length: Annual
Rent: 5,100 per year / 425 per month
Yield: 11% (approx)
Tenant: Private Individual
Notes: Currently tenanted on PRT agreement at 425 per month - 5,100 per annum income. Deposit held in Tenancy Deposit Scheme. All payments up to date and received monthly on time.

Document Downloads

HOME REPORT AVAILABLE - Download Now   LEGAL PACK PENDING - Request Copy

Location

Pricing Information & Bidding

Opening Bid: £36,000

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 = 2.5% of Sale Price (Minimum £2,500 + vat)

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

Auction Details

Date & Time: 27 January 2022, 10am-3pm
Type: Timed Online Auction

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