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Fife Road, Greenock, PA16

PROPERTY TYPE

Flat

BEDROOMS

2

BATHROOMS

1

SIZE

764 sq ft

71 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Great Sized Ground Floor Flat
  • Amazing Discount of 45% on Home Report
  • Excellent But to Let Entry Level Property
  • Fantastic Potential Yield of 24%
  • Light Refurbishment Required

Description

***GOING TO ONLINE AUCTION***

Brighton & Beck are delighted to present for auction this excellent investment opportunity – a two-bedroom lower cottage flat in Greenock, offered with an outstanding 45% discount against the Home Report valuation.

Requiring only a light refurbishment, the property provides an attractive opportunity for investors seeking a straightforward buy-to-let project with strong potential returns. Based on the proposed purchase price and anticipated rental income, the property offers a potential rental yield of approximately 24%, making this a particularly compelling addition to a rental portfolio.

Internally, the accommodation comprises a welcoming reception hallway, spacious lounge, modern fitted kitchen, two bedrooms and bathroom. The property also benefits from gas central heating and double glazing, where stated.

Lower cottage flats of this type can prove popular within the local rental market, offering practical accommodation and good value for tenants. With limited refurbishment required, there is potential for an investor to complete the works, secure a tenant and begin generating rental income relatively quickly.

Greenock is a well-established town on the Firth of Clyde, approximately 25 miles west of Glasgow, offering a wide range of local amenities including supermarkets, shops, schools, leisure facilities and public transport connections. The town benefits from rail services providing access towards Glasgow, while the A8/M8 road network connects Greenock with Glasgow and the wider Central Belt. As one of the principal towns in Inverclyde, Greenock has an established residential and rental market, with comparatively affordable property values helping to make the area attractive to buy-to-let investors seeking strong potential rental returns.


EPC Rating: C
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Fife Road, Greenock, PA16

Approximate location

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Affordability

Monthly repayments£181
Property: £ 36,000
Deposit: £ 3,600
Interest rate: 5.33%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Renovation potential
Recently sold & under offer
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About Brighton & Beck, Ayr

2 Parkhouse Street, Ayr, KA7 2HH
Industry affiliations:

With over 40 years’ combined estate agency experience, we are a family-run, independent agency with a deep understanding of what it takes to successfully sell your home.

We offer an innovative approach, giving our clients real choice — from a traditional sales service to modern online property auctions.

Using high-quality marketing to present your property at its very best, we also have access to a database of over 20,000 buyers and investors across the UK.

Above all, our personal service ensures we support you every step of the way, guiding you through the entire property journey from start to finish.

Opening Hours:

Monday 9.30am - 5.30pm

Tuesday 9.30am - 5.30pm

Wednesday 9.30am - 5.30pm

Thursday 9.30am - 7.00pm

Friday 9.30am - 5.00pm

Saturday By Appointment

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Disclaimer - Property reference c21f9fec-65c9-40f6-affb-f4ffb08f4734. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Brighton & Beck, Ayr. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Brighton & Beck, Ayr on 08000 438343.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.