Auction sale — refurbishment project with rental potential near Greenock town centre..
- Ground-floor 1-bedroom flat with Clyde estuary aspects
- Sold by timed online auction 02 October 2025
- Freehold sale with vacant possession
- Central heating, double glazing, communal gardens
- Requires internal refurbishment throughout after long-term tenancy
- Potential rental income £500–£550 pcm post-renovation
- Located near town centre and college — high rental demand
- Area described as very deprived — consider tenancy risk
A ground-floor one-bedroom flat with Clyde estuary aspects, offered for sale by timed online auction on 02 October 2025. The property is being sold freehold with vacant possession and benefits from central heating, double glazing and communal gardens. Room sizes include a generous lounge (4.67 x 3.25m) and double bedroom (4.01 x 3.25m).
The flat has been long let and now requires internal refurbishment throughout — timber panelling, dated kitchen fittings and worn finishes will need updating. That work is reflected in the low guide price and creates clear scope to add value either for re-sale or letting.
Located close to Greenock town centre and West of Scotland College, the area shows high tenant demand. Estimated rental income post-renovation is approximately £500–£550 pcm, making this attractive to investors seeking immediate refurbishment potential. Note the property sits in a very deprived area; buyers should weigh local market risks against yield prospects.
Sold at auction, this is a straightforward, practical investment or first-time-buyer project for those prepared to carry out upgrades. Important practical points: vacant possession on completion, Council Tax Band A, and communal grounds maintained with good public transport links nearby.