Summary - 55D, GLASGOW ROAD, PORT GLASGOW PA14 6RS
2 bed 1 bath Not Specified
Vacant auction flat with strong rental upside.
Freehold two-bedroom flat, vacant and ready for refurbishment
Guide price £34,000; Home Report valuation £55,000
Estimated rent £450–£550pcm; strong gross yield potential
Edwardian block with dated exterior; modernization needed
Sale via timed online auction — immediate offers possible
Area classed very deprived; consider local demand and tenant profile
Fast broadband and excellent mobile signal — tenant-friendly utilities
No flood risk; council tax described as very cheap
This vacant two-bedroom flat is offered for auction as a freehold, presenting clear upside for investors prepared to refurbish. The guide price is £34,000 with a Home Report valuation of £55,000, creating immediate margin potential if bought at or near guide. The property is in a three-storey Edwardian block with dated exterior and requires modernization to maximise value.
Positioned close to local shops, playgrounds and leisure facilities, the location supports steady rental demand. Estimated achievable rent is £450–£550pcm, which at the guide price would deliver an attractive gross yield for a buy-to-let investor. Broadband speeds are fast and mobile signal is excellent — practical assets for letting.
Buyers should note material negatives plainly: the wider area is classed as very deprived, the building exterior and some internal finishes will need updating, and the sale will proceed via timed online auction. The flat is vacant, allowing immediate refurbishment and re-letting or resale. This is a straightforward, high-upside purchase for buyers who can manage renovation and hold through letting or resale.
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