Summary - 49, FINNART STREET, GREENOCK PA16 8HB
5 bed 2 bath Detached
Dual-flat property with garden and strong rental potential.
5-bedroom Victorian detached split into 2-bed and 3-bed flats
A vacant Victorian five-bedroom detached house offered as two flats — ground-floor 2-bed and first-floor 3-bed — presented for quick sale at auction. The building retains period character and a garden with driveway parking, and benefits from excellent mobile signal and fast broadband. It is freehold and sold vacant, so it is ready for an investor or developer to take immediate possession.
The property is being offered at a guide price of £225,000, well below recent local sales, and could deliver attractive rental income. If both flats are let, expected combined rent is approximately £1,600–£1,700 pcm, producing a strong gross yield at the guide price. The lot is suitable for buy-to-let or conversion/refurbishment strategies to add value.
Buyers should note clear drawbacks: the house requires modernisation throughout and has visible wear and dated décor; it will be sold at auction and offered as seen. The wider neighbourhood records high deprivation levels and the council tax band is above average — factors that may affect tenant demand and operating costs. There is no flooding risk.
Overall, this is a straightforward value play for a purchaser comfortable with renovation and auction purchase processes. The combination of period features, dual-flat layout and nearby amenities gives scope to increase income and capital value through targeted refurbishment.
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