2-bedroom flat · PA15 4NH
Sold STCListed 40 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
****GOING TO ONLINE AUCTION**** Brighton and Beck are delighted to offer to auction this traditional two-bedroom flat at Wellington Street, Greenock.
With a Home Report valuation of £80,000 and an attractive guide price of £45,000 , the property is being offered at an impressive discount of approximately 44% below the Home Report value , presenting an excellent opportunity for investors and buy-to-let landlords.
The accommodation comprises an entrance foyer, hallway, spacious living room, kitchen, two double bedrooms and a bathroom.
The property is presented in good internal condition and retains attractive character throughout, making it suitable for a range of buyers.
The property is conveniently positioned close to Greenock town centre, with access to local shops, supermarkets, schools, leisure facilities and public transport links.
Greenock Central railway station provides regular connections towards Glasgow, making the location suitable for commuters. Greenock is a historic waterfront town situated on the Firth of Clyde.
It offers a wide range of amenities, including shopping facilities, cafés, restaurants, leisure attractions and scenic waterfront walks.
The town also benefits from road and rail connections to Glasgow and surrounding areas across Inverclyde.
This competitively priced property offers strong rental potential and represents an affordable addition to an investment portfolio. Early interest and viewing are highly recommended.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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.
Area
Agent & docs
FAQ
About Wellington Street, Greenock, PA15
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