Summary - Skye Street, Inverclyde, Greenock, PA16 PA16 7JQ
2 bed 1 bath Flat
Ready-income rental with practical features and scope for value improvement.
High gross yield around 11% stated
Tenant in situ — immediate rental income
Gas central heating and double glazing present
EPC rating C — reasonably efficient
Average-sized 689 sq ft, traditional two-bedroom layout
Area classified as very deprived — affects growth and demand
Tenure unknown; verify title and tenancy paperwork
Some external areas appear neglected and need maintenance
This two-bedroom flat in Greenock is presented primarily as a buy-to-let opportunity for investors seeking immediate rental income. The property offers an 11% yield with a tenant in situ, delivering day-one cash flow. Practical features include gas central heating, double glazing and an EPC rating of C, which help control running costs and marketability to tenants.
At around 689 sq ft the layout is traditional and straightforward: a spacious lounge, a modern kitchen and two generous bedrooms. The accommodation is average sized and suitable for working tenants or small families; broadband speeds and mobile signal are strong in the area, supporting rental demand.
Buyers should note material drawbacks clearly. The wider area is classified as very deprived, which affects re-sale prospects and tenant churn. Tenure is not specified and tenancy details must be verified; the sitting tenant may restrict viewings and could affect refurbishment plans. External areas appear neglected and may need basic maintenance.
This is a cash-flow-led investment: attractive yields and immediate income are the main strengths. However, purchasers should commission standard surveys, confirm legal title and tenancy documentation, and factor in the local socio-economic profile when assessing long-term capital growth.
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