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 · PA16 8UE
For saleListed 7 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
One bedroom top floor flat New to auction is this opportunity to acquire this one bedroom attic flat on South Street, Greenock.
The accommodation is accessed by secure common entry and comprises a lounge, kitchen with pantry, bedroom, bathroom and separate w/c.
The property requires a programme of refurbishment but upon completion of works would make a fantastic buy to let or starter flat.
To ensure you do not miss out on this property early expression of interest is highly recommended. Council Tax Band A.
Situated on the southern bank of the Firth of Clyde, Greenock is a vibrant coastal town in Inverclyde that marries a rich maritime heritage with modern convenience.
Famous for its sweeping waterfront vistas, historic architecture, and the iconic Esplanade-a picturesque promenade popular with walkers and cyclists-Greenock provides an enviable lifestyle for residents of all ages.
Purchasers notes Please note that these particulars have been prepared by us on the basis of information provided by our client.
If there is any aspect of these particulars that you wish clarified or that you find misleading please contact the office where further information will be made available.
• No tests have been made of services, equipment or fittings. • No warranty is given or implied as to the condition of buildings, services, fixtures, fittings etc.
• All measurements, distances and acres are approximate. • Fixtures, fittings and other items are not included unless specified in these details. This material is protected by the laws of copyright.
The owner of the copyright is Auction House Scotland. The property sheet forms part of our database and is protected by the database rights and copyright laws.
No unauthorised copying or distribution without permission. Auction House Scotland is revolutionising the sale of property in Scotland.
Remember, if you are buying a property which is being sold by Auction House Scotland you will normally be responsible for payment of a Buyer's Premium or Auction Fee of 3.6% of the purchase price subject to a minimum of £3600 inclusive of VAT.
More details can be obtained on application. Cybercrime Warning: Please be aware that there is a significant risk posed by cyber fraud, specifically affecting email accounts and bank account details.
Please note that our bank account details will not change during the course of A transaction and we will not change our bank details via email.
Please be careful to check account details with us in person if in any doubt. We will not accept responsibility if you transfer money into an incorrect account. Council Tax Band A.
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.
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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
.png){kind=logo}
FAQ
About 3/2, 24 South Street, Greenock
Explore nearby
