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See how verdicts work1-bedroom flat · PA16 8UT
Sold STCListed 253 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This bright one-bedroom second-floor flat is ideally located within the highly sought-after west end of Greenock and available to purchase through Bowman Rebecchi - The Home of Property.
With ample on-street parking, gas central heating, double glazing and a secure door entry system, the subjects are perfect for those downsizing or first-time buyers.
We expect this property to be very popular with a broad range of buyers with early viewing advised.
A CENTRAL LOCATION The property is situated on Patrick Street in Greenock, a densely populated area surrounded by a mix of residential properties with easy access to the Town Centre.
Greenock is located approximately 20 miles west of Glasgow with a residential population in excess of 50,000 persons, within the authority of Inverclyde Council with a wider core catchment population of approximately 270,000 persons.
With a rich maritime heritage, the town is looking again to the River Clyde to support its future growth, with Greenock Ocean Terminal developing a new pontoon and visitor centre to support its 140,000 cruise liner passengers per annum.
Set adjacent to Ardgowan Street which leads to the A770 and A8, the property is a 25-minute drive to Glasgow International Airport.
Greenock West railway station is a 6-minute walk, with regular train services to Paisley, Glasgow and Ayrshire. Gourock ferry services to Dunoon, Kilcreggan, and Helensburgh are a 10-minute drive.
Morrison’s and Tesco Superstores are located a short 4-minute drive away. Greenock's Town Centre is an 8-minute walk with the retail park at Port Glasgow just 10 minutes by car or local transport.
SAT NAV DIRECTIONS The postcode for the property is PA16 8UT.
SCHOOL CATCHMENTS The subjects are within the catchment area for the highly-regarded St Mary’s and Ardgowan Primary Schools, as well as Notre Dame and Clydeview Academy High Schools.
PRICE Our client is inviting offers of over £50,000, which is the Home Report Value and available to be shared with interested parties. EPC The current rating is band F (26).
The average rating for EPCs in Scotland is band D (61). COUNCIL TAX BAND Band B - £1673.54 per annum as of February 2026. TENURE Freehold.
VIEWINGS Viewings can be arranged by appointment with Bowman Rebecchi Estate Agents.
PROPERTY SUPPORT Whether you have a property to sell or let, or even a commercial property you need help with, Bowman Rebecchi can offer you a free valuation and advice on the sale of your present property.
Please contact us to discuss this further. PLEASE NOTE We aim to make our particulars both accurate and reliable. However, they are not guaranteed, nor do they form part of an offer or contract.
If you require clarification on any points then please contact us, especially if you're travelling some distance to view.
Please note that appliances and heating systems have not been tested and therefore no warranties can be given as to their good working order.
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 Patrick Street, Greenock, Greenock, PA16
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