1-bedroom flat · PA19 1UQ
Sold STCReduced £5k (−9.3%) on 18 SepListed 64 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated close to the waterfront at Cardwell Bay this one bedroom top floor middle flat lies within a tree lined cul de sac conveniently located for amenities and transport facilities.
Offers an ideal starter home or rental investment opportunity. There are attractive rear views towards Cardwell Bay, the Battery Park and Lyle Hill.
A degree of upgrading and modernisation is required which is reflected in the asking price. There is a communal rear drying green. Specification includes: Double glazing and gas central heating.
Entrance Hallway by timber door with single glazed panel above and inbuilt cupboard. There is a rear facing Lounge with two light window formation and alcove area.
The Kitchenette lies on open plan with rear window and features basic fitted units and work surface areas. There is a rear facing double sized Bedroom.
The Bathroom comprises a basic suite offering: Pedestal wash hand basin, wc and bath. Viewing is recommended for this affordable home.
EPC = C Hallway Lounge (3.30m x 5.66m (10'10 x 18'7)) Kitchenette (1.40m x 2.03m (4'7 x 6'8)) Bedroom (5.28m x 3.15m (17'4 x 10'4)) Bathroom
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.
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 3-2, 4, Adam Street, Gourock
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