Report this ad

For sale by online auction Thursday 2nd novemberat 9.00AM. Discounted investment purchase. Offered at £9,000 below home report value. 2 bedroom 2nd floor flat sold with sitting tenant under regulated tenancy agreement. Factored close. Excellent long term investment.
Online Property Auctions Scotland are delighted to offer this tenanted investment opportunity for sale in Greenock town centre. The property is being offered at £9,000 below home report value providing immediate equity, further equity could be added through internal upgrading.
The property is sold subject to an existing regulated tenancy agreement with an annual rent of £3,600 (estimated potential market rent of £5,400pa)
Comprised of entrance hallway, lounge, kitchen, bathroom and 2 bedrooms the property is in need of internal modernisation.
Located in a popular residential area of Greenock. Well maintained, factored close.
Potential to add value.
Discounted guide price (19% below home report value)
Sales evidence
May 202... 67 Nicolson Street, £70,500
October 2019... 65 Nicolson Street £57,000
Great opportunity to purchase a discounted tenanted investment property with built in equity.
Greenock is the largest town in Inverclyde and approximately 20 miles from Glasgow, making it a popular commuter town. With a population of roughly 65,000 people, there is high demand for residential property and commercial premises.
To view legal documents for all properties, and to register for our online auctions please visit our website.
Purchases are subject to a Buyer's Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup/Special Conditions in the Legal pack to confirm. All prices quoted are exclusive of VAT.

- Discounted investment opportunity
- Discount of 19% on home report valuation
- Popular residential location