Traditional Tenement Ground Floor Flat with Fantastic Potential Rental Yield of 26%+
Located on the preferred ground floor of this traditional tenement block built circa 1900 the property benefits from characteristic high ceilings and features. The flat enters into a hallway, leading to lounge, kitchen, bedroom one, bedroom two and shower room. The flat benefits further from Upvc double glazing, gas central heating, communal garden grounds and a cellar.
This area is extremely popular for rental, this two bedroom property would likely achieve around £425PCM on the rental market. This would produce a fantastic annual rental yield of around 26%, making this perfect for both investment and first time buyers alike.
This flat has a fantastic central location in Greenock, surrounded by shops, convenience stores and absolutely perfect for the commuters – with the railway station within walking distance, offering a direct service to Glasgow Central. There is also a fantastic local bus service covering routes to Glasgow and the M8 makes Glasgow conveniently accessible.
For further information please contact Lorren in The Wilsons Auctions Property Department.
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Reserve Price: The “Reserve Price” is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. This is normally set within the guide price range or within 10% of a single guide price. The reserve price is not disclosed and is subject to change up to and including the day of the auction.
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.
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