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£15,000

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3/1, 7 East William Street, Greenock, PA15 4TD

Residential

flat

Vacant

2

bed

1

bath

1

reception

Tax band: A

Freehold

Residential Refurbishment Opportunity

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Description

  • PRIME NEW LISTING. We are excited to present this excellent development opportunity. 2 bed flat, situated in Greenock. 

  • **Flat 1,7, East William Street, Greenock, PA15 4TD, Previously sold for £32,000. Flat 1,2, 7 East William Street, Greenock, PA14 4TD, Previously sold for £32,000**

  • For rental purposes, once renovated the property could potentially achieve a monthly rent of £500-£600 p/m (£6,000 - £7,200 p/a). Excellent high yield potential. 

  • Property requires renovation. Sure to appeal to investors & developers looking for a project in an excellent location for buy to let strategy. 

  • Property is situated a short 15 minute from Greenock Central Station for travel into Glasgow City Centre. 

PRIME NEW LISTING. We are excited to present this excellent refurbishment opportunity. 2 bedroom flat, situated within a prime buy to let location in Greenock.

Property Comprises:Entrance Hallway, Living Room, Kitchen, 2 bedrooms, bathroom area, kitchen area. 

Property requires renovation and boasts excellent development potential. For rental purposes, once renovated, property could potentially achieve £6,000 - £7,200 p/a per annum. 

Sure to appeal to shrewd investors looking for potential BRR / Flip Project. The local area has seen some great sales recently showing strong demand: 

**Flat 1,7, East William Street, Greenock, PA15 4TD, Previously sold for £32,000. Flat 1,2, 7 East William Street, Greenock, PA14 4TD, Previously sold for £32,000**

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.

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 historic waterfront town on the Firth of Clyde that has evolved from its shipbuilding and maritime heritage into a community with strong transport links to Glasgow, attractive coastal scenery, and ongoing regeneration. People choose to live there for its comparatively affordable housing, access to green spaces and the waterfront, and a quieter lifestyle while remaining within commuting distance of Scotland's largest city. Investors are drawn by relatively low property prices compared with much of the central belt, steady rental demand, regeneration initiatives, and the potential for long-term capital growth as infrastructure and local amenities continue to improve.

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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)

£11,000

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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.