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1 bed flat for sale

£5,000 Guide price

Robert Street, Port Glasgow PA14

1 1
Interested in this property? Call +44 1294 480041 * or

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Property description

Invest in this one bedroom flat for a jaw dropping potential rental yield of 150%

Situated on the first floor of a four storey tenement building this flat would be ideal for the rental market with a potential income of £250PCM*, compared to the guide price this would produce an outstanding rental yield of 150% a fantastic investment opportunity for any property investor. After works as this property is currently uninhabitable due to structural damage of the building.

Port Glasgow is located between Glasgow and Greenock, a historic shipbuilding sites and dock. There are amenities available along the shorefront such as a large Tesco superstore, Costa Coffee and Carvery. Further amenities can be found in Greenock and Glasgow.

The Clune Park area has been identified by Inverclyde Council as its highest priority for investment and are implementing a regeneration plan. For further information potential purchasers should consult Inverclyde Council to satisfy themselves as to any ongoing progress with the plans.

*Generic google image used of Robert St, Port Glasgow*

For further information please contact Lorren in The Wilsons Auctions property department.
Market activity
Average price paid £99,333 Sales 167 Current average value £116,638 (Zoopla Zed-Index) Value change -£2,565 ▼ -2.15%

Property value data/graphs for PA14

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £295,152 £167 3.7 £252,272
Semi-detached £113,556 £129 2.9 £85,399
Terraced £98,725 £127 2.7 £92,972
Flats £91,675 £115 1.9 £65,570

Current asking prices in PA14

Average: £106,419
Avg. current asking prices in PA14
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £44,000
(2)
£95,000
(5)
£104,556
(9)
£265,725
(4)
£359,500
(2)
Flats £34,278
(16)
£69,785
(15)
£150,000
(1)
- -
All £35,358
(18)
£76,089
(20)
£109,100
(10)
£265,725
(4)
£359,500
(2)

Current asking rents in PA14

Average: £724 pcm
Avg. current asking prices in PA14
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - - - - -
Flats - £451 pcm
(1)
£997 pcm
(1)
- -
All - £451 pcm
(1)
£997 pcm
(1)
- -

Fun facts for PA14

Highest value in PA14
Highest value streets Zed-Index
Bramble Wynd £507,850
Dennistoun Road £375,353
Station Road £316,224
Middlepenny Road £287,211
Seath Avenue £258,074
Highest turnover in PA14
Highest turnover streets Turnover
Adamston Way 85.7%
Hollybush Lane 46.9%
Leperstone Avenue 38.5%
Lithgow Way 35.3%
Silver Birch Wynd 34.3%

What Zoopla users think of Port Glasgow

Overall rating:

  • currently 3.5 stars
Good - 66% (17 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Port Glasgow:

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Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Woodhall (0.6 miles)
  • Port Glasgow (0.7 miles)
  • Bogston (1.6 miles)
  • Glasgow Airport (10.1 miles)
  • Glasgow Prestwick Airport (29.4 miles)
  • Oban Airport (46.2 miles)
  • Greenock - Victoria Harbour (3.0 miles)
  • Greenock Custom House Quay Ferry Terminal (3.3 miles)
  • Helensburgh Ferry Terminal (5.5 miles)

Nearby schools

View all schools in Inverclyde
  • Newark Primary School (0.4 miles)
  • Langbank Primary School (0.8 miles)
  • Wemyss Bay Primary School (2.4 miles)
  • St Stephen's High School (0.7 miles)
  • Port Glasgow High School (1.1 miles)
  • Our Lady & St Patrick's High School (3.3 miles)
  • Lilybank School (1.2 miles)
  • St Columba's School (3.2 miles)
  • Cedars School of Excellence (4.0 miles)
Note: Distances are straight line measurements

Local info for Inverclyde

About the neighbours in PA14

AskMe Q&A for Inverclyde

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For more information about this property, please contact
Wilsons Auctions, KA24 on +44 1294 480041 * (local rate)

Monthly running costs Beta

£224 Monthly total

Mortgage

Purchase price
Deposit (10%) 500
Repayment term 25
Interest rate 1.5
Your payment £17 /mo How Much Could I Borrow In partnership with RBS

These results are not provided by RBS and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Rebuild value up to £1,000,000 Contents value up to £80,000 Average insurance cost £12/mo (£148/yr) In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

What more do I get

Up to 9 smart home sensors

Included in the price of your cover

Home emergency assistance

Included in the price of your cover

Contents cover

£75,000 to Unlimited

Buildings cover

£750,000 to Unlimited

Energy

Gas £28 Electricity £42 Estimated energy cost £70/mo In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this size and region.

Estimated consumption

Gas: 9500 kWh/year
Electricity: 3500 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Inverclyde

Estimated tax band A Council tax cost £80 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £19 Sewerage £26 Estimated water cost £45 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Wilsons Auctions about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Wilsons Auctions, and do not constitute property particulars. Please contact Wilsons Auctions for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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