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£69,000

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2, Flat 2/1 George Square, Greenock, PA15 1QP

Residential

flat

Vacant

2

bed

1

bath

1

reception

Tax band: B

Freehold

Rare Residential Opportunity

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Floorplan

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Deadline for offers

Tomorrow

Description

  • PRIME NEW LISTING. We are excited to present this vacant two-bedroom flat located within a prime location in Greenock. Home Report:£75,000.

  • **Flat 1-1, 2, George Square, Greenock PA15 1QP sold for £90,000; Flat Ground-2, 29, Patrick Street, Greenock PA16 8HD sold for £125,000; Flat 1-2, 37, Brougham Street, Greenock PA16 8AG sold £116,000**

  • Once tenanted, this property could achieve an annual rental income of £6,600 to £7,200, offering a remarkable 10% to 11% yield if bought at the right price. It is the perfect opportunity for a discerning investor seeking a project with significant capital and rental growth potential.

  • Situated in a prime location within Greenock, the property boasts excellent local transport links and amenities, making it a can't-miss opportunity for those seeking an affordable investment.

  • With its prime location, this flat provides a great opportunity for young professionals or first-time buyers looking to step onto the property ladder. The flat benefits from a new boiler and offers plenty of potential for customisation.

PRIME NEW LISTING. We are excited to present this vacant two-bedroom flat located within a prime location in Greenock. Home Report:£75,000.

The property comprises an inviting entrance hallway, two spacious bedrooms, a modern bathroom, a well-equipped kitchen, and a comfortable living room. Ample storage is available throughout the flat, enhancing its practicality and appeal.

Once tenanted, this property could achieve an annual rental income of £6,600 to £7,200, producing a remarkable 10% to 11% yield if bought at the right price. It is a perfect opportunity for a discerning investor seeking a project with significant capital and rental growth potential.

Situated in a prime location within Greenock, the property boasts excellent local transport links and amenities, making it a can't-miss opportunity for those seeking an affordable investment.

With its prime location, this flat provides a great opportunity for young professionals or first-time buyers looking to step onto the property ladder. The flat benefits from a new boiler and offers plenty of potential for customisation.

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 1-1, 2, George Square, Greenock PA15 1QP sold for £90,000; Flat Ground-2, 29, Patrick Street, Greenock PA16 8HD sold for £125,000; Flat 1-2, 37, Brougham Street, Greenock PA16 8AG sold £116,000

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

Greenock is a charming coastal town with a rich maritime heritage, offering stunning views across the River Clyde. It boasts excellent transport links, vibrant shopping areas, and recreational facilities, making it a desirable place to live and invest.

Map

Deposit & Fee Calculator

10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£12,900

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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.