1-bedroom flat · PA16 8UE
Listing removedListed 47 daysAuction 10 Sep · ended
Opportunity summary
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About
** sale by auction - 10 September 2026 - Timed Online Auction ** ideal rental location close to educational hubs, major employers and local amenities within the popular town of Greenock in Inverclyde.
Perfect rental property - realistic rental potential of £500pcm (£6,000 per annum) in high rental demand location within minutes of the modern Inverclyde Academy Campus and Inverclyde Royal Hospital.
Traditional one bedroom flat on the top floor of a sandstone tenement. West End high demand rental district of Greenock. Perfect buy-to-let property. West End high demand rental district of Greenock.
Comprises: Entrance Hallway, Living Room, Dining Kitchen with open aspects, double bedroom and bathroom. Communal gardens to the rear. Estimated rental income of £500 per month - £6,000 per annum.
West end of greenock - Minutes from Greenock central train station (0.2 miles). Will appeal to investors looking for an investment at an affordable price.
The A8 and M8 road network connects Inverclyde to Renfrewshire, Glasgow International Airport and Glasgow City Centre.
Local Sales - 18 South Street, Flat 2-1, Greenock PA16 8UE sold for £39,995 (April 2026). 44 Robertson St, Flat 2-1, Greenock sold for £105,500 (Dec 2025).
22 South Street, Flat 1-2, Greenock sold for £53,000 (May 2022). Greenock is situated approximately 23 miles west of Glasgow with a resident population of approximately 50,000.
Greenock is a historic town set upon the banks of the River Clyde world renowned for shipping, sea faring mariners and of course its ship yards and nautical endeavours of yester year.
Now it is a vibrant west coast town close to numerous centres of commerce and industry whether it be the Ayrshire coast or indeed Glasgow.
Easy access across Scotland towards Edinburgh, the Highlands and further afield via excellent roads, including the M8 Motorway network and ferries.
Excellent transport links to Gourock, Largs and the West coast of Scotland.
Auction Details 10 September 2026,10am-3pm Timed Online Auction How to Bid Now Submit an enquiry now or visit our website for full details on how to bid on this property.
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Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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.
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About 24, South Street, Flat 3-1, Greenock
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