For Sale By Auction | 14:00, 29 November 2018 | Lot 11

101B, Dempster Street, Greenock, Inverclyde, PA15 4ED

*Guide | £14,500+ (plus fees)

  • Flat
  • 1 Bedroom
  • 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

Viewing Times:

Wed 21 Nov

12:00-12:15

One bedroom ground floor flat

This one bedroom ground floor flat forms part of a traditional tenement block on the outskirts of Greenock town centre. The accommodation comprises lounge with galley kitchen off, bedroom and bathroom with over bath shower. The property requires a degree of upgrade and repair throughout but this is reflected by a highly competitive Guide Price and offers a great opportunity to add value through a programme of works. This property is ideal for a developer/investor to undertake the works and hold for buy to let or for sale as starter flat. EPC Rating E.

Tenure

Freehold

Home Report £20,000

Great buy to let or starter flat

Great opportunity to add value

Potential rental value £350pcm at LHA rate / £4,200pa

Area

The town of Greenock has a wide range of local amenities including high street shopping with several supermarkets and high street banking. There is established schooling at both primary and secondary levels. Recreational amenities include several play parks, sports centres and The Waterfront Centre swimming pool, ice rink and gym. There are a range of golf clubs within the local area, modern yacht marinas in Greenock and Inverkip and access to Clyde Muirshiel Regional Park. There are several railway stations, offering access to Glasgow Central and the area is well served by local bus routes.

Comparables

Murdieston Street: Sold: £29,500 12/17 Brachelston Street: Sold £50,000 06/17 Murdieston Street: Sold £62,000 03/17

Energy Efficiency Rating (EPC)

Current Rating E

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.