Affordable income-producing two-bedroom flat near transport and retail amenities.
Two-bedroom sandstone flat with river views
Third-floor position in Victorian tenement, high ceilings
Currently tenanted on PRT at £425pcm, income immediate
Sale by timed online auction — no vacant possession
Well-maintained communal close and tidy building
On-street parking only; no private parking space
Close to Gallagher Retail Park, station, shops and buses
Local area recorded as very deprived — consider growth risk
This third-floor two-bedroom sandstone flat offers river views from a Victorian building on a quiet street close to Gallagher Retail Park and Port Glasgow station. The property is income-producing, currently let on a Private Residential Tenancy at £425 per month (payments up to date), making it immediately attractive to buy-to-let investors.
The flat benefits from high ceilings, double glazing, gas central heating and well-maintained communal areas. On-street parking is available directly outside. Location strengths include excellent bus and rail links to Glasgow, nearby supermarkets and retail amenities, and an elevated position with views towards the Firth of Clyde.
Material points to note: the sale is by timed online auction, and the property is being offered with a sitting tenant (no vacant possession). The local area is recorded as very deprived, which may affect long-term capital growth and tenant profile. Buyers should review the RICS Home Report and tenancy terms before bidding.
Overall this is a straightforward, affordable freehold flat (sale details state freehold) with immediate rental income and strong local rental demand, suited to investors seeking a low-entry buy-to-let. Auction purchase means completion times and conditions will differ from standard private treaty sales.
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