Three-bedroom auction fixer in Port Glasgow — high potential for refurbished rental returns..
3 bedrooms in vacant Victorian tenement flat
Requires renovation — sold as seen at auction
Guide price extremely low (priced for quick sale)
Seller estimates £600 pcm achievable after works
Very deprived local area — resale/rental risk
Fast broadband and excellent mobile signal
No recorded flooding risk; freehold tenure
Council tax described as very cheap
This vacant three-bedroom flat in Port Glasgow is a clear renovation and BRRR opportunity for experienced investors. The building is a Victorian tenement requiring a degree of refurbishment; once upgraded the flat could let locally for around £600 pcm (seller’s estimate). The property will be sold at auction and is offered at a low guide price, reflecting its condition and sale method.
The location provides practical benefits: fast broadband, excellent mobile signal, nearby shops, schools and public transport links, and low council tax. There is no recorded flooding risk. Local sales evidence cited includes nearby Highholm Street transactions, which may help with valuation after works.
Buyers should note material drawbacks: the flat needs renovation (possibly significant), the surrounding area is classified as very deprived, and the sale is via timed online auction (sold as seen). This is best suited to cash buyers or investors familiar with auction purchases and refurbishment projects.