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Three-bedroom tenanted investment property

Greenock, PA16 - Get Access

3 bed 1 bath

Description

Large three-bedroom tenanted investment property available for immediate purchase, offering a high-yielding opportunity with a tenant in situ. The accommodation comprises an entrance hallway, living room, kitchen, bathroom, and three bedrooms. The property benefits from double glazing and generous room sizes. The current rent achieved is £349 pcm, generating a gross annual income of £4,188. The tenant has been in situ since October 2020 as a long-standing occupant. Greenock is a historic town situated approximately 23 miles west of Glasgow on the banks of the River Clyde. The location offers a central position near the town centre with a wide range of local amenities, including high-street shopping and several supermarkets. There is established schooling at both primary and secondary levels. The area is near major regional and national employers and benefits from the A8 and M8 road network connecting Inverclyde to Renfrewshire, Glasgow International Airport, and Glasgow City Centre.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
Medium confidence Floor Area Estimated: 1,100 sq ft

Valuing this three-bedroom residential flat in Greenock relies on an estimated internal floor area of 1100 sq ft. The property is currently tenanted with a long-standing occupant producing £349 pcm, set above retail premises in a central town position. Condition is assessed as fair at 6/10, featuring functional double glazing alongside dated kitchen and bathroom fittings.

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