New to auction is this 1 bed first floor flat in Shaw Place, conveniently located approximately 1 mile from Greenock town centre. The internal accommodation is in fair condition comprising spacious lounge, one double bedroom, kitchen with wall and base units, and bathroom with neutral three piece suite and over-bath shower. The property further benefits from electric storage heating, double glazing and off-street parking. Some degree of upgrade and repair would be beneficial which is reflected in the keenly positioned Guide Price. The competitive price point and potential rental yield in excess of 16% (LHA at Guide Price) is sure to attract both first time buyers and rental investors. Early viewing is recommended. Comparables 62 Regent Street: Sold for £46,000 04/22 56 Lynedoch Street: Sold for £30,000 03/22 1 Trafalgar Street: Sold for £47,000 02/22 Council Tax Band A Disbursements See Legal Pack for any Disbursements.

Location

Shaw Place enjoys convenient location approximately 1 mile from Greenock town centre, which brings a wide range of retail and leisure options within easy reach. A number of excellent schools are in the area at both primary and secondary levels. Great transport links are available by both road and rail to Glasgow and further afield via the M8 motorway and with Greenock Central train stations close to Shaw Place.

Energy Efficiency Rating (EPC)

Current Rating D

Additional Fees

Buyer's Premium - £1,140.00 including VAT payable on the fall of the Virtual Gavel.

Administration Charge - £2,460.00 including VAT payable on the fall of the Virtual Gavel.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.