Summary - FLAT 2/2, 1, WEST KING STREET G84 8UN
4 bed 1 bath Flat
Ready-income flat with upgrade potential in central Helensburgh.
Freehold four-bedroom flat in Victorian sandstone building
Let at £1,250 pcm (£15,000 pa) — immediate rental income
High ceilings and period features throughout
Reported damp and mould — requires remedial works
Requires modernization; likely electrical/heating upgrades needed
Single bathroom for four double bedrooms — possible limit on rents
To be sold at auction — buyer to review legal pack and conditions
Located near schools, train links and town amenities
This substantial four-bedroom flat occupies a Victorian red sandstone building in central Helensburgh, offered freehold and sold at auction. Currently let at £1,250 pcm (£15,000 pa), it presents a ready income stream and potential 9% gross yield at the guide price for buyers targeting rental returns. High ceilings, period cornicing and roomy bedrooms give strong appeal to long-term tenants and provide scope for redecoration or reconfiguration to enhance value.
The property is marketed as a turnkey investment with a long-term tenant in place, making immediate letting continuity likely. Its central location places shops, schools and the train station within easy reach, supporting ongoing rental demand from commuters and local professionals. Recent nearby sales show active market interest in the area.
Buyers should note material issues: damp and mould have been reported and the interior requires modernization throughout, including potential upgrades to heating, electrics and finishes. There is a single bathroom for four large double bedrooms, which may limit family demand or require investment to improve rental rates. The lot will be sold at auction — purchasers must allow for auction conditions, potential legal pack review and no standard property viewing guarantees.
This opportunity suits investors prepared to carry out refurb works to reduce damp, refresh décor and potentially reconfigure space to lift capital value and rents. For a buyer seeking immediate income with clear upgrade potential in a Victorian property in a coastal commuter town, this flat offers tangible upside alongside defined repair needs.
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