1 Kilmory Terrace, 1/2, Port Glasgow, PA14 5PF

Description

• PRIME NEW LISTING. We are excited to present this vacant two-bedroom flat located within a prime location in Port Glasgow.

• **Flat 2-1, 4, Kinross Avenue, Port Glasgow PA14 5QL sold for £54,000 in Apr 2018**, **Flat 2-1, 4, Montgomerie Street, Port Glasgow PA14 5NT sold for £53,000 in Sep 2022**

• Once renovated, this property offers an impressive rental potential with expected income ranging from £650-£700 pcm, equating to an annual return of £7,800-£8,400. With an outstanding gross yield of 19.521% based on the guide price, this is a magnificent high-yield opportunity.

• The property is certain to attract astute investors seeking a high-yielding, easily lettable residence in a sought-after area. This is truly an opportunity not to be missed.

• Situated in an attractive location, the property benefits from proximity to local amenities and excellent transport links, nestled in a popular rental area. This prime location enhances its appeal to potential tenants.

PRIME NEW LISTING. We are excited to present this vacant two-bedroom flat located within a prime location in Port Glasgow.

The property comprises a welcoming living room, a kitchen, two spacious bedrooms, and a functional bathroom.

Once renovated, this property offers an impressive rental potential with expected income ranging from £650-£700 pcm, equating to an annual return of £7,800-£8,400. With an outstanding gross yield of 19.521% based on the guide price, this is a magnificent high-yield opportunity.

The property is certain to attract astute investors seeking a high-yielding, easily lettable residence in a sought-after area. This is truly an opportunity not to be missed.

Situated in an attractive location, the property benefits from proximity to local amenities and excellent transport links, nestled in a popular rental area. This prime location enhances its appeal to potential tenants.

The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

Excellent sales evidence in the area:

**Flat 2-1, 4, Kinross Avenue, Port Glasgow PA14 5QL sold for £54,000 in Apr 2018**, **Flat 2-1, 4, Montgomerie Street, Port Glasgow PA14 5NT sold for £53,000 in Sep 2022**

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.

This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.

For further details on how to have a bidding account created, please contact the team.

Location

Port Glasgow is a vibrant town located on the banks of the River Clyde. It boasts a rich history, excellent transport links, and is close to a variety of local amenities, making it a highly desirable area for both residents and investors.

Map

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.