Summary - 106, Lynedoch Street, FFF, Greenock, PA154AH PA15 4AH
1 bed 1 bath Flat
Low-cost one-bed auction lot near station; needs refurbishment, strong rental potential..
Minutes (0.2 miles) from Greenock Central train station
A compact one-bedroom first-floor flat in Greenock’s West End, presented as a prime low-entry investment lot for auction buyers. The property is being offered vacant and is advertised with realistic rental potential of around £400 pcm (£4,800 pa). Its location is strong for lettings — a quiet street minutes (0.2 miles) from Greenock Central station and close to local colleges and amenities.
The flat sits in a traditional Victorian tenement with double glazing, gas central heating (combi boiler) and a large walk-in storage cupboard. Communal close and gardens are described as well maintained, and the building benefits from natural light. On-street parking and fast broadband/mobile signal further support rental appeal.
Material issues are clear: the flat requires renovation and updating before occupation, with noted dated décor and reported electrical issues. The surrounding area is described as very deprived, which affects tenant profile and long-term capital prospects. Auction sale (timed online) means purchase is likely as-is with limited post-sale remedies; tenure is advertised as freehold but should be legally verified before bidding.
This lot suits buyers seeking a low-cost entry into the buy-to-let market or a refurbishment project to increase rental income and value. Factor in refurbishment costs, potential electrical works, and local market conditions when assessing the lot for auction on 25 September 2025.
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