1-bedroom flat · PA15 4NL
Listing removedListed 79 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offering an ideal rental investment opportunity this spacious one bedroom elevated ground floor flat enjoys a central location convenient for local amenities and transport facilities including bus and rail services.
Specification includes: Double glazing, gas central heating and the building is protected by a security door entry system. There is a communal rear drying green and shared cellarage.
Apartments comprise: Entrance Hallway by timber door with inbuilt cupboard. There is a front facing Lounge with two light window formation and fireplace with inset electric fire.
There are front views beyond properties towards the River Clyde in the distance. The rear facing fitted Kitchen has grey and white units and grey marble effect work surfaces.
Appliances include: Gas hob and electric oven. There is a rear facing double sized Bedroom.
The Bathroom offers a three piece suite comprising: Vanity wash hand basin set within white high gloss unit, wc and bath with "Triton" shower.
Specification includes: Wet wall panelling and decorative panelled ceiling. Early inspection advised for this affordable home.
EPC = C Hallway Lounge (3.73m x 4.17m (12'3 x 13'8)) Kitchen (1.91m x 3.81m (6'3 x 12'6)) Bedroom (3.00m x 3.81m (9'10 x 12'6)) Bathroom
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 15B, Dempster Street, Greenock
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