2H Kilmory Terrace, Port Glasgow, PA14 5PF

Description

• PRIME NEW LISTING. We are excited to present this tenanted 2-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**

• With a current rental income of £630 per month (£7,560 annually), this property boasts an impressive 30.2% gross yield if bought at the guide price. A fantastic opportunity for high yield potential awaits savvy investors.

• This is indeed a fantastic opportunity, sure to attract shrewd investors looking for an affordable investment with substantial yield potential. The property's current tenanted status ensures immediate returns on investment.

• Located near a multitude of local amenities including parks, restaurants, and coffee shops, this property also offers the convenience of being close to schools, with public transport easily accessible nearby.

PRIME NEW LISTING. We are excited to present this tenanted 2-bedroom flat located within a prime location in Port Glasgow.

The property comprises an inviting entrance hallway, a spacious living room perfect for relaxation, a well-equipped kitchen, a modern bathroom, and two large bedrooms. The flat benefits from ample storage throughout, enhancing convenience for tenants.

With a current rental income of £630 per month (£7,560 annually), this property boasts a remarkable 30.2% gross yield when purchased at the guide price of £65,000. It’s an opportunity not to be missed for investors seeking high yield potential.

This is indeed a fantastic opportunity, sure to attract shrewd investors looking for an affordable investment with substantial yield potential. The property's current tenanted status ensures immediate returns on investment.

Located near an array of local amenities including parks, delightful restaurants, and coffee shops, this property also offers the convenience of being close to schools, with public transport options easily accessible nearby.

The property is being offered at a fantastic discount to ensure a sale. It 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 charming town located on the banks of the River Clyde, offering a blend of historical significance and modern convenience. The area boasts excellent transport links to Glasgow and surrounding areas, making it ideal for commuters. With a wealth of amenities, scenic parks, and cultural attractions, Port Glasgow is a vibrant community that appeals to both residents and investors alike.

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.