Summary - 2/3, 10, MURDIESTON STREET, GREENOCK PA15 4DU
1 bed 1 bath Flat
Low-cost buy-to-let with immediate rental evidence in central Greenock.
Freehold one-bedroom top-floor flat, low purchase price (£29,500)
Previously let at £500 pcm (£6,000 per annum)
Victorian building with period exterior and large windows
Communal garden available for residents
Fast broadband and excellent mobile signal
Located in a very deprived area — higher management risk
Small rooms and top-floor access via stairs only
May require cosmetic updating or refurbishment to maximise value
This top-floor one-bedroom flat in central Greenock offers a low-entry purchase price and clear rental history, making it appealing for buy-to-let investors or someone seeking a compact town-centre home. The building retains period character externally and there’s an open-plan living/kitchen with large windows that provide good daylight.
Practical positives include freehold tenure, fast broadband, excellent mobile signal and a communal garden for tenants or owners to use. The property was previously let at £500 pcm (£6,000 pa), demonstrating immediate rental potential in a high-demand local market.
Buyers should note the location sits in a very deprived area, which brings higher tenancy turnover and potential management demands. The flat is small, on a top floor (access by stairs), and will suit someone prepared for minor updating or cosmetic refurbishment to maximise rental income or resale value. There is no flooding risk and council tax is low, which can help running costs.
Overall this is a straightforward, low-cost entry for investors seeking a yield in a town-centre Victorian building, or for a purchaser willing to update a compact home. Be realistic about refurbishment needs and the local market challenges when assessing projected returns.
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