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See how verdicts work3-bedroom flat · PA19 1JU
Listing removedListed 66 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying a desirable location this larger style three bedroom first floor flat would suit a variety of purchasers including first time buyers and downsizers.
A degree of upgrading and redecoration is required which is reflected in the asking price.
Lies convenient for the town centre with all its amenities and transport facilities including the railway station with frequent service to Glasgow.
There are contrasting oblique views towards the Lyle Hill and partial aspect to the River Clyde. Period style ornate detailing to cornices and ceiling roses.
Specification includes: Double glazing and gas central heating. There is a private south facing rear plot within the rear garden with pebbled area, paved patio and rowan tree.
In addition, there is communal drying green. Communal outhouse and private cellar within the outbuilding.
Spacious apartments comprise: Entrance Vestibule is reached by double timber doors which leads to the Reception Hallway by double glazed door with storage cupboard.
The bright front facing Lounge has a three light bay window formation and tiled fireplace. Nb the gas fire is disconnected.
There is a rear facing Dining Kitchen overlooking the garden which features basic fitted units. There are three double sized Bedrooms.
The front facing bedroom currently has a fireplace with gas fire which has been disconnected plus an inbuilt cupboard. Bedroom 2 benefits from two fitted wardrobes.
There is a rear facing Wet Room with pedestal wash hand basin, wc and "Mira" shower. Specification includes: Wet floor and partial wet wall panelling. Early viewing is recommended. EPC = C.
Entrance Vestibule Reception Hallway Lounge (3.81m x 5.77m (12'6 x 18'11)) Dining Kitchen (2.95m x 5.54m (9'8 x 18'2)) Bedroom 1 (4.04m x 5.38m (13'3 x 17'8)) Bedroom 2 (3.07m x 5.59m (10'1 x 18'4)) Bedroom 3 (3.18m x 4.09m (10'5 x 13'5)) Wet Room
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
Set an offer; the calculator follows it.
Short-let licence or registration needed
We're still gathering serviced-accommodation data for this area.
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 1/2, 7, Binnie Street, Gourock
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