We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · PA15 2TG
Listing removedReduced £1k (−11.1%) on 9 JulListed 130 daysAuction 25 Jun · ended
Opportunity summary
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About
** sale by auction - 25 June 2026 - Timed Online Auction ** enhanced terms offered on this lot...
Reduced Buyers Fee: 3% of Sale Price (Min £2500 +vat) *** this property previously sold for £67,500 excellent investment opportunity**One bedroom second floor flat located in the coastal town of Greenock.
Potential rental £500pcm - excellent return on investment. High demand rental location Second-floor flat Compromising: One bedroom, a reception room, a kitchen, and a bathroom.
Perfect, low cost addition to any investment portfolio with good rental return within extremely high demand location. Certain to appeal to multiple investors.
Located less than 2 miles outside the town centre, nearby green and recreational spaces like Belville Community Garden and The Hanging Garden are close by.
Ideal location Local amenities, including shopping and recreational areas, are available in Greenock Town Centre and nearby. Rail, bus, and road connectivity makes the location practical.
MacDougall Street is located in the eastern part of Greenock, a coastal town around 20–25 miles west of Glasgow, making it a feasible commuter location.
The street sits close to the A8, one of the main routes running through Greenock, and is positioned slightly outside the main town centre (around 2 miles away), near areas such as industrial estates and the waterfront, giving it a mix of residential and light commercial surroundings.
In terms of amenities, residents benefit from convenient access to local shops and everyday services, with Greenock town centre-home to a wider range of supermarkets, retail outlets, cafes, and public services-located a short distance to the north-west.
There are also small convenience stores within walking distance, as well as nearby green and recreational spaces like Belville Community Garden and The Hanging Garden.
Overall, the area provides basic day-to-day amenities locally, while larger shopping and leisure options are easily reachable in the town centre.
Transport links are a key strength of MacDougall Street.
It is located very close to Cartsdyke railway station (often just a short walk away), with additional nearby stations such as Bogston, offering regular train services to Glasgow and other parts of Inverclyde.
The area is also served by local bus routes, and the nearby A8 provides direct road connections to the M8 motorway, linking to Glasgow, Glasgow Airport, and the wider region.
Auction Details 25 June 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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FAQ
About 3, Macdougall Street, 2nd Floor Flat, Greenock, Inverclyde
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