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Properties for auction in Greenock, Inverclyde

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Investment Opportunity

Outstanding opportunity for the discerning investor to purchase this cleverly designed property which comprises of 3 self-contained units each with kitchen area with fully plumbed washing machine, shower room and lounge/sleeping area which are ready to rent with one already having been occupied for over 9 years by a long term tenant currently paying £100 per week. There has been a good uptake from air b'n'b booking also. There is also currently a spacious lounge, further bedroom with en-suite, modern kitchen, bathroom, tv room, utility room, ironing and store room on the ground floor. There is potential to convert the property into 5 self-contained units which will enhance the earning possibilities of this great little property which benefits from double glazed windows and gas central heating. The vendor has expressed a wish to keep the ground floor shop unit which is currently trading as a fast food outlet and they will start proceedings to separate it from the title when under offer. This is a fantastic centrally located property which has been well designed to a very good standard by the current owner and which will make a brilliant investment by the correct buyer who can take the business on to the next level. Early viewing is strongly advised to appreciate the huge potential on offer.

Tenure

Freehold

Fantastic central location

Self contained ready to rent rooms

Excellent transport links closeby

Well maintained accommodation

Potential to grow business

Vacant shop unit on ground level

Area

The town of Greenock has a wide range of local amenities including high-street shopping, with several supermarkets and high-street banking. There is established schooling at both primary and secondary levels. Recreational amenities include several play parks, sports centres and 'The Waterfront Centre' swimming pool, ice rink and gym. There are a range of golf clubs within the local area, modern yacht marinas in Greenock and Inverkip and access to Clyde Muirshiel Regional Park. There are several railway stations, offering access to Glasgow Central and the area is well served by local bus routes.

Local Authority

Inverclyde Council

Additional Fees

Administration Charge - Purchasers will be required to pay an auction fee of 1% of the purchase price subject to a minimum of £3,000 inc VAT unless otherwise stated

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Viewing Times

Please call Auction House Scotland on 0141 339 4466 to arrange a viewing
4, Mearns Street, Greenock, PA15 4PQ
Outstanding opportunity for the discerning investor to purchase this cleverly designed property
Type: Flat, General Retail, Residential, Retail
Location: 4 Mearns Street, PA15 4PQ
Images: 24
View Property
** UNSOLD, PLEASE REFER TO AUCTIONEER **

One bedroom ground floor flat

This one bedroom ground floor flat forms part of a traditional tenement block on the outskirts of Greenock town centre. The accommodation comprises lounge with galley kitchen off, bedroom and bathroom with over bath shower. The property requires a degree of upgrade and repair throughout but this is reflected by a highly competitive Guide Price and offers a great opportunity to add value through a programme of works. This property is ideal for a developer/investor to undertake the works and hold for buy to let or for sale as starter flat. EPC Rating E.

Tenure
Freehold

Home Report £20,000
Great buy to let or starter flat
Great opportunity to add value
Potential rental value £350pcm at LHA rate / £4,200pa
Area
The town of Greenock has a wide range of local amenities including high street shopping with several supermarkets and high street banking. There is established schooling at both primary and secondary levels. Recreational amenities include several play parks, sports centres and The Waterfront Centre swimming pool, ice rink and gym. There are a range of golf clubs within the local area, modern yacht marinas in Greenock and Inverkip and access to Clyde Muirshiel Regional Park. There are several railway stations, offering access to Glasgow Central and the area is well served by local bus routes.

Comparables
Murdieston Street: Sold: £29,500 12/17
Brachelston Street: Sold £50,000 06/17
Murdieston Street: Sold £62,000 03/17

Energy Efficiency Rating (EPC)
Current Rating E

Local Authority
Inverclyde Council

Additional Fees
Administration Charge - Purchasers will be required to pay an auction fee of £2,000 inc VAT unless otherwise stated

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
101b, Dempster Street, Greenock, PA15 4ED
One bedroom ground floor flat
Type: Flat, Residential
Location: 101b Dempster Street, PA15 4ED
Images: 3
Brochures: 1
View Property
** UNSOLD, PLEASE REFER TO AUCTIONEER **

One bedroom ground floor flat

This one bedroom ground floor flat forms part of a traditional tenement block on the outskirts of Greenock town centre. The accommodation comprises lounge with galley kitchen off, bedroom and bathroom with over bath shower. The property requires a degree of upgrade and repair throughout but this is reflected by a highly competitive Guide Price and offers a great opportunity to add value through a programme of works. This property is ideal for a developer/investor to undertake the works and hold for buy to let or for sale as starter flat. EPC Rating E.

Tenure
Freehold

Home Report £20,000
Great buy to let or starter flat
Great opportunity to add value
Potential rental value £350pcm at LHA rate / £4,200pa

Area
The town of Greenock has a wide range of local amenities including high street shopping with several supermarkets and high street banking. There is established schooling at both primary and secondary levels. Recreational amenities include several play parks, sports centres and The Waterfront Centre swimming pool, ice rink and gym. There are a range of golf clubs within the local area, modern yacht marinas in Greenock and Inverkip and access to Clyde Muirshiel Regional Park. There are several railway stations, offering access to Glasgow Central and the area is well served by local bus routes.

Comparables
Murdieston Street: Sold: £29,500 12/17
Brachelston Street: Sold £50,000 06/17
Murdieston Street: Sold £62,000 03/17

Energy Efficiency Rating (EPC)
Current Rating E

Local Authority
Inverclyde Counci

Additional Fees
Administration Charge - Purchasers will be required to pay an auction fee of £2,000 inc VAT unless otherwise stated

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Flat 0/2, 101, Dempster Street, Greenock, PA15 4ED
One bedroom ground floor flat
Type: Flat, Residential
Location: Flat 0/2, 101 Dempster Street, Greenock, PA15 4ED
Images: 4
View Property
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