Summary - Prospecthill Street, Greenock, Inverclyde, PA15 PA15 4DL
1 bed 1 bath Flat
Low-entry, income-producing flat with clear refurbishment upside..
One-bedroom flat in Victorian red sandstone terrace
A compact one-bedroom flat in a red sandstone Victorian terrace, offered as part of a five-unit portfolio in central Greenock. The property is currently income-producing with a sitting tenant, delivering immediate rental income and a low entry price for investors seeking yield.
The flat requires renovation and modernisation to maximise rental value and capital growth; work is needed to bring interiors up to contemporary standards. Strengths include excellent mobile signal, fast broadband, and good transport links, supporting demand from local tenants and commuters to Glasgow.
Buyers should note the location sits within a very deprived area and attracts hard-pressed flat dwellers, which can mean steady tenant demand but also management considerations. The freehold tenure and portfolio scale offer potential operational efficiencies for a buyer looking to add value across multiple units.
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