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See how verdicts work2-bedroom flat · PA14 5HP
Listing removedListed 45 daysAuction 24 Sep · ended
Opportunity summary
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About
** sale by auction - 24 September 2026 - Timed Online Auction ** Two Bedroom apartment being sold as an investment opportunity with a sitting tenant within a highly sought location in Port Glasgow.
Converted School Development Comprises - The property is currently tenanted for £5,940 per annum. Attractive residential investment opportunity.
The former Jean Street Primary School, designed by H & D Barclay, first opened in 1884 and was a popular school in Port Glasgow which could house 460 pupils.
It closed in the late 1970s and was converted into apartments as The School Court in the 1990's.
The property is accessed via a security controlled door entry system and provides accommodation comprising entrance hallway with storage cupboard, spacious lounge with open plan access to the dining kitchen complete with a range of wall and base mounted units and space for appliances.
There are two double sized bedrooms, master benefiting from built-in mirror door wardrobes, whilst there is an attractive three piece bathroom with over bath shower.
There is electric heating and double glazing. This good sized property further benefits from an allocated parking space.
Excellent location for commuters with links to major motorway networks nearby and the local train station with direct links to Glasgow within 100 yards.
School Court enjoys a convenient location close to Port Glasgow Town centre and all its amenities.
The subjects are within the catchment area for the highly-regarded St John’s and Newark Primary Schools, as well as St Stephen’s and Port Glasgow High Schools.
There is also the central atrium on the top floor landing which lets in added light and is a feature in it's own right.
School Court is situated a short distance from the Gallagher Retail Park with Tesco's Extra store, Marks & Spencers, tk Maxx, Next and B & Q amongst others.
Port Glasgow offers a good selection of shops and amenities and excellent transport links to surrounding areas via both bus and rail services.
Easy access to Glasgow via the M8 Motorway network which joins on to the A78 at nearby Langbank.
There are further shops, amenities and leisure activities in nearby Greenock including The Waterfront complex with swimming pools and ice rink and nearby cinema.
Port Glasgow's population is approximately 16,617 and has undergone a regenerative transformation over the past decade to become a vibrant town on the banks of the River Clyde, within the authority of Inverclyde Council.
With a rich heritage within the shipbuilding industry, the town continues to build ships at the nearby Ferguson Shipyard, nationalised by the Scottish Government in 2019 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
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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.
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About School Court, Apartment 1-2, Inverclyde
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