4-bedroom flat · PA16 7UE
Sold STCListed 226 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Enjoying a sought after West End location close to the waterfront and Esplanade this substantial, well presented and upgraded four bedroom MAIN DOOR & BASEMENT FLAT offers flexible living set over two levels.
Lies within an attractive blonde sandstone property enjoying a corner setting with pillared entrance. Private enclosed gardens extend to the front and rear.
The south facing front garden offers a pebbled plot. Two patio areas and a lawned plot in the rear garden are perfect for relaxing on summer days.
The rear garden is accessed either by door from the kitchen or by French doors from downstairs. The downstairs level was extensively refurbished in 2023.
Features include: double glazing, gas central heating and Karndean flooring.
Family accommodation comprises: Entrance Vestibule by double timber door, further single glazed door leads to the Hallway with inbuilt cupboard.
The bright and spacious bay windowed Lounge features a focal point ornate fireplace and shelved cupboard.
There is an airy Family Room benefiting from windows to the front and side plus a bar area making this the perfect space for entertaining.
A further Dining Room with side window is accessed from the kitchen.
The refitted quality Kitchen overlooks the rear garden and offers a range of olive toned units, composite work surfaces, chimney extractor hood, gas hob plus an electric oven.
A rear facing double Bedroom is on this floor. The refitted quality Bathroom with side window features a four piece suite including: vanity wash hand basin, bath and separate shower cubicle.
Stairs lead to the Lower Landing with two inbuilt cupboards plus access to a useful Store Room and Boxroom/Utility area. There are three further double sized Bedrooms.
The 4th Bedroom could also be an additional public room with French doors to the garden. A refitted Shower Room features a suite including a double sized shower cubicle.
Early viewing is essential for this spacious home. EPC = D.
Entrance Vestibule / Hallway - Lounge - 4.50m x 6.71m (14'9 x 22'0) - Family Room - 5.21m x 4.29m (17'1 x 14'1) - Dining Room - 3.94m x 3.56m (12'11 x 11'8) - Kitchen - 3.33m x 3.56m (10'11 x 11'8) - Bedroom 1 - 3.76m x 3.56m (12'4 x 11'8) - Bathroom - Lower Landing - Bedroom 2 - 4.50m x 6.71m (14'9 x 22'0) - Bedroom 3 - 5.21m x 4.29m (17'1 x 14'1) - Bedroom 4 - 3.76m x 3.56m (12'4 x 11'8) - Shower Room - Boxroom/Utility - 1.91m x 3.18m (6'3 x 10'5) - Cellar/Store - 3.35m x 2.59m (11'0 x 8'6) -
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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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
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About Eldon Street, Greenock
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