2-bedroom flat · PA19 1NN
Sold STCListed 29 daysAuction 24 Sep · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** sale by auction - 24 September 2026 - Timed Online Auction ** ***Fantastic development opportunity in highly desirable waterfront location.
Freehold property with vacant possession, Blank canvas to create a 2 bed flat*** ***The property requires full internal upgrading.
Massive potential to add substantial value to this property through a programme of reinstatement.
Large potential equity following upgrades*** ***Wonderful location with unrestricted, open views over the West Bay of the Firth of Clyde.
Close to Gourock town centre and within easy reach of Greenock with a full range of amenities*** ***Previous sales history, 2/1,79 Albert Road, Gourock, April 2025. £190,500.
3/1,120 Albert Road, Gourock, Aug 2025. £150,000. 98 Albert Road, Gourock, May 2026.
£165,000*** ***Great opportunity for serviced accommodation (subject to licencing) with peak nightly rates up to £175.
High rental demand area with potential rental up to £850 per month*** Gourock lies on the south shore of the Firth of Clyde some three miles west of Greenock.
It wraps around Kempock Point, which projects into the Firth between Gourock Bay and West Bay.
Both sides of the town climb towards the summit of Tower Hill, which commands extensive views over the Firth of Clyde to the mountains beyond.
The property is located within a popular residential area close to the Royal Gourock Yacht Club and the Gourock promenade.
The town is located on the Firth of Clyde near the Caledonian MacBrayne Ferry Terminal for daily connections to Kilcreggan and Dunoon.
Nearby Greenock, offers easy access to all local amenities with excellent transport links to the West of Scotland and the Central Belt via the M8.
Greenock itself has a fantastic waterside location, with excellent shops, convenience stores and absolutely perfect for the commuter.
Auction Details 24 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
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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.
Area
Agent & docs
FAQ
About 82, Albert Road, Flat 1-1, Gourock
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