2-bedroom flat · PA15 1PH
Sold STCListed 28 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This beautifully presented two bedroom top floor flat has undergone internal upgrading in recent years. Particular features include a quality refitted kitchen and shower room.
The flat lies close to the Town Centre with all its amenities and is convenient for transport facilities. Would ideally suit a variety of buyers including first time buyers and rental investors.
Specification includes: Double glazing and electric heating. The building is protected by a security door entry system. There is a shared drying area situated to the rear of the building.
Impressive apartments comprise: Entrance Hallway by timber door with inbuilt cupboard providing generous storage. The Lounge is a bright apartment with front facing window and laminate flooring. Nb.
The electric storage heater is not working in this room. There is a quality refitted Kitchen Diner with white high gloss units, oak style work surfaces and splashback tiling.
Appliances include: Electric ceramic hob and oven. There is space for a dining table and chairs within this room. There are two double sized Bedrooms.
The 1st bedroom features mirrored fitted wardrobes.
The quality refitted Shower Room with rear window features a vanity wash hand basin set in white high gloss unit, wc and double sized shower cubicle with "Triton" shower.
Additional benefits include:wet wall panelling, downlighters and chrome heated towel rail. Viewing is highly recommended for this affordable two bedroom home. EPC = D.
Entrance Hall Lounge (4.24m x 3.81m (13'11 x 12'6)) Kitchen Diner (2.79m x 2.77m (9'2 x 9'1)) Bedroom 1 (3.81m x 3.45m (12'6 x 11'4)) Bedroom 2 (3.86m x 2.82m (12'8 x 9'3)) Shower Room
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 3.3, 6, Sir Michael Street, Greenock
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