Timed Online Auction

27 January 2022, 10am-3pm

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  • TypeFlat
  • Ownership Freehold
  • Occupation Tenanted
  • Bedrooms 1
  • Council Tax Search SAA

Description

Full Address: 5 Clune Park Street, Flat 1-2, Port Glasgow, PA14 5RD

Tenanted First Floor flat within the Clune Park Estate in the costal town of Port Glasgow. IMMEDIATE RENTAL INCOME OF 3,000P/A. Close to train station and local amenities. On street parking available

Currently LET at 250pcm (3,000 PER ANNUM). Immediate rental income - EXCELLENT RETURN ON INVESTMENT.

Popular commuter location close to Port Glasgow train station and within easy reach of Greenock, Glasgow, Intu Braehead and The Waterfront leisure complex.

FREEHOLD RESIDENTIAL PROPERTY in Inverclyde. Traditional 1 Bedroom Flat located in a popular area of Port Glasgow. On street parking directly outside the building.

The seaside town of Port Glasgow is benefiting from a 400 million investment & regeneration project bringing 2,500 new jobs and 530,000 sq. ft. of new business accommodation to the area.

Tenanted First Floor flat within the Clune Park Estate in the costal town of Port Glasgow. IMMEDIATE RENTAL INCOME OF 3,000P/A. Close to train station and local amenities. On street parking available FREEHOLD RESIDENTIAL PROPERTY in Inverclyde. Traditional 1 Bedroom Flat located in a popular area of Port Glasgow. On street parking directly outside the building. Currently LET at 250pcm (3,000 PER ANNUM). Immediate rental income - EXCELLENT RETURN ON INVESTMENT. Popular commuter location close to Port Glasgow train station and within easy reach of Greenock, Glasgow, Intu Braehead and The Waterfront leisure complex. We understand that this property lies within the Clune Park Regeneration plan and purchasers are advised to satisfy themselves as to any ongoing progress with the plans via Inverclyde Council. The riverside town of Port Glasgow is benefiting from a 400 million investment & regeneration project bringing 2,500 new jobs and 530,000 sq. ft. of new business accommodation to the area. Popular commuter location close to Port Glasgow train station and within easy reach of Greenock, Glasgow, Intu Braehead and The Waterfront leisure complex. Tesco and Lidl supermarkets are both within 5 minutes of the property.

We understand that this property lies within the Clune Park Regeneration plan and purchasers are advised to satisfy themselves as to any ongoing progress with the plans via Inverclyde Council. The riverside town of Port Glasgow is benefiting from a 400 million investment & regeneration project bringing 2,500 new jobs and 530,000 sq. ft. of new business accommodation to the area. Popular commuter location close to Port Glasgow train station and within easy reach of Greenock, Glasgow, Intu Braehead and The Waterfront leisure complex. Tesco and Lidl supermarkets are both within 5 minutes of the property

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Tenancy Details

Type of Agreement: Basic Lease
Length:
Rent: 3,000 per year / 250 per month
Yield: 20% (approx)
Tenant: Private Individual
Notes:

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Location

Pricing Information & Bidding

Opening Bid: £9,000

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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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