3-bedroom flat · PA16 8BA
Sold STCListed 92 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying a prime position within Greenock's highly sought-after West End, this impressive traditional three/four bedroom upper conversion offers spacious, flexible accommodation while retaining a wealth of original character and charm.
Beautiful period features blend seamlessly with modern comforts, creating a wonderful home ideally suited to families and professional buyers alike.
A standout feature is the magnificent bay-windowed lounge, enjoying elevated views towards the Firth of Clyde and flooding the room with natural light.
The generous breakfasting kitchen provides an excellent space for everyday dining, while the adaptable layout of 2 double bedrooms, dressing room and a dining room/4th bedroom offers flexible accommodation to suit a variety of lifestyles.
Further benefits include a separate utility area, conveniently accessed from the shared stairwell, adding valuable practical storage and laundry space.
Externally, the property enjoys a private enclosed garden providing excellent outdoor space for relaxing and gardening. Additional features include gas central heating and double glazing throughout.
Johnston Street is perfectly positioned within Greenock's desirable West End, renowned for its elegant period homes, tree-lined streets and excellent local amenities.
The property is within easy reach of highly regarded schools, local shops, cafés, transport links and the Esplanade, making it an ideal location for enjoying the best of Inverclyde living. EPC = C.
Reception Hallway - Lounge - 5.00m x 5.87m (16'5 x 19'3) - Dining Room - 3.05m x 3.25m (10'0 x 10'8) - Dining Kitchen - 3.53m x 3.07m (11'7 x 10'1) - Utility Room - 1.45m x 5.11m (4'9 x 16'9) - Bedroom 1 - 4.45m x 3.99m (14'7 x 13'1) - Bedroom 2 - 3.76m x 4.37m (12'4 x 14'4) - Bedroom 3 - 2.21m x 2.64m (7'3 x 8'8) -
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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FAQ
About Johnston Street, Greenock
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