For Sale By Auction | 14:00, 29 November 2018

18C, Highholm Street, Port Glasgow, PA14 5HL

*Guide | £29,995+ (plus fees)

  • Flat
  • 3 Bedrooms
  • Tenure: Freehold

Call the team on 0141 339 4466 for more information

Auction Date

Thu 29/11/2018

Auction Time

14:00

Auction Venue

200 St Vincent Street, Conference and Events Venue, Glasgow, G2 5RQ

Portfolio of two flats

Excellent opportunity for investors to purchase this traditional three bedroom, first floor flat with a sitting tenant in the town of Port Glasgow. The current tenant is paying £450 per calendar month before management fees giving a return of over 18% if purchased at the current Guide Price. The property comprises lounge, dining room, kitchen, three bedrooms and bathroom. Further benefits include double glazing, gas central heating and a communal rear drying area. This is one of two properties being sold together as a portfolio with the second property at 23F Highholm Stree

Tenure

Freehold

Part of a portfolio of two properties

Excellent investment opportunity

Tenant in situ

Ideal portfolio addition

18% return on investment

Current rental value £450pcm / £5,400pa

Area

Port Glasgow is the second largest town with the Inverclyde region of Scotland's' West Coast. Port Glasgow offers all town centre amenities with nearby Greenock offering further retailers and a shopping centre and new retail park which is home to a Tesco Superstore, Marks and Spencers, B&Q and TK Maxx to name a few. Port Glasgow is ideal for commuters with a regular rail service to Glasgow Central and is linked to Glasgow by the A8 dual carriageway and M8 motorway network. Glasgow Airport is located 13 miles from Port Glasgow.

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.