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See how verdicts work3-bedroom flat · PA16 0TY
Sold STCListed 160 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by Online Auction. 28th of May 2026.
Town & Country Property Auctions present an excellent high-yield investment opportunity with strong family and NHS rental appeal, offered £10,000 below Home Report value!
Description 24 York Road, Greenock Guide Price: £50,000 Home Report Value: £60,000 £10,000 Below Home Report High-Yield Investment Opportunity Strong NHS & Family Rental Demand Town & Country Property Auctions proudly present this excellent investment opportunity, offering both strong long-term rental demand and attractive short-term accommodation potential.
Situated within a popular residential area, this spacious property appeals to a wide range of tenants and buyers including families, working professionals, NHS staff, and contractors seeking affordable accommodation with excellent local amenities nearby.
The property is ideally located close to St Andrews Catholic Primary School, making it particularly attractive for families, while nearby healthcare facilities including Inverclyde Royal Hospital and Orchard View Hospital create strong ongoing demand from nurses, NHS staff, and healthcare professionals seeking convenient local accommodation.
The generous accommodation, private parking, and outdoor space further enhance the property's appeal for long-term tenants and short-term guests alike.
The surrounding area benefits from strong community appeal, local shops, transport links, and access to surrounding countryside, offering both convenience and lifestyle balance.
From an investment perspective, the property demonstrates strong income potential: Estimated Long-Term Rental Income: £700+ PCM Estimated Airbnb Income: Approx.
£17,000 Per Annum Occupancy Rate: 56% Average Daily Rate (ADR): £87 The combination of family appeal, healthcare worker demand, and affordability makes this an attractive investment with multiple tenant demographics and excellent income potential.
Offered at just £50,000, representing £10,000 below Home Report value, this property provides an excellent opportunity for investors seeking immediate equity alongside strong cash-flow potential.
Legal Pack A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction.
To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk.
Auction Information To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 24 York Road, Greenock, Renfrewshire, PA16 0TY
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