FOR SALE BY ONLINE AUCTION WEDNESDAY 26TH OF MARCH 2025 AT 9AM - ***AWESOME OPPORTUNITY TO ACQUIRE A CHARMING TWO BEDROOM FLAT IN GREENOCK***AVAILABLE FOR THE GREAT BARGAIN PRICE OF £24,000 (2 BEDROOM PROPERTIES IN THE LOCAL AREA HAVE SOLD FOR WAY MORE RECENTLY)***HUGE POTENTIAL RENTAL YIELD OF 22.5% PER ANNUM BASED ON GUIDE PRICE AND MARKET VALUE RENT***
***Spacious 2-Bedroom Second-Floor Flat in Greenock – Ideal for First-Time Buyers or Investors***
***Located in a popular residential area of Greenock, this well-presented second-floor flat at 3 Macdougall Street, PA15 2TG is perfect for those seeking a comfortable home or a promising buy-to-let opportunity.***
***HUGE POTENTIAL RENTAL YIELD*** - Estimated potential market rental value of £450 per month (£5,400 per annum) (22.5% yield per annum based on guide price)
***KEY FEATURES***
- *Spacious Living Area* – A bright and airy lounge with large windows providing plenty of natural light.
- *Two Well-Proportioned Bedrooms* – Generous-sized rooms, ideal for families, professionals, or as a rental investment.
- *Fitted Kitchen* – Functional kitchen space with ample storage and worktop surfaces.
- *Bathroom* – A clean and stylish bathroom with essential fixtures.
- *Separate WC*
- *Convenient Location* – Close to local amenities, schools, and transport links, including Greenock West train station for easy commuting to Glasgow.
***Whether you're a first-time buyer looking for an affordable home or an investor seeking a rental property with strong demand, this flat is a fantastic opportunity.***
***RECENT NEARBY RESIDENTIAL PROPERTY SALES***
- 76, Poplar Street, Greenock, PA15 2RA - 2 bedroom - SOLD Dec'24 - £80,157
- 5e, Killearn Road, Greenock, PA15 3DD - 2 bedroom - SOLD Dec'24 - £62,500
- 2, Holmscroft Way, Greenock, PA15 4DQ - SOLD Dec'24 - £62,500
***Greenock is the largest town in Inverclyde and approximately 25 miles from Glasgow, making it a popular commuter town. With a population of roughly 45,000 people, there is high demand for residential property and commercial premises.***There are good local bus routes and arterial road links within the immediate Inverclyde area. These connect via Port Glasgow to the A8 and M8 motorways serving Paisley, Glasgow Airport and Glasgow City Centre***The property is located on MacDougall Street. Shopping amenities can be found locally within Greenock Town Centre to the north west. Public transport links are available at Cartsdyke Train Station and Bogston Road Train Station to the south east along with a network of local bus services serving the surrounding areas.***The property is served by road links including the A8 to the north. Recreational pursuits can be found at Belville Community Garden to the south west and The Hanging Garden to the west.***
GUIDE PRICE - £24,000
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AWESOME OPPORTUNITY TO ACQUIRE A CHARMING TWO BEDROOM FLAT IN GREENOCK
AVAILABLE FOR THE GREAT BARGAIN PRICE OF £24,000 (2 BEDROOM PROPERTIES IN THE LOCAL AREA HAVE SOLD FOR WAY MORE RECENTLY)
HUGE POTENTIAL RENTAL YIELD OF 22.5% PER ANNUM BASED ON GUIDE PRICE AND MARKET VALUE RENT
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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