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See how verdicts work1-bedroom flat · PA19 1RS
Listing removedListed 52 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within a rarely available waterfront address this one bedroom first floor flat enjoys views beyond trees to Cardwell Bay and the River Clyde.
Would suit a variety of buyers including first time purchasers, downsizers and rental investors. A degree of internal upgrading and modernisation is requried which is reflected in the asking price.
Conveniently situated for local shops, amenities and just a few minutes walk from the Battery Park.
There is a communal paved courtyard area next to the flat's entrance door featuring partial views to Cardwell Bay. Private loft which is partially floored. Specification includes: Gas central heating.
Apartments comprise: Entrance Hallway is reached by a single glazed door with hatch to the loft. The generous sized front facing Lounge offers two windows with views beyond trees to Cardwell Bay.
There is a basic Kitchen on open plan to the lounge with fitted units and work surfaces. The front facing double sized Bedroom offers wardrobe storage.
There is a basic Bathroom with three piece suite comprising: Wash hand basin, wc and bath. Early viewing is recommended for this affordable waterfront home. EPC = D.
Hallway Lounge (5.13m x 4.39m (16'10 x 14'5)) Kitchen (1.70m x 3.28m (5'7 x 10'9)) Bedroom (3.07m x 4.22m (10'1 x 13'10)) Bathroom
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 Flat 1, 2, Cove Road, Gourock
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