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Hay Street, Flat 0-1, Greenock PA15

Scotland

£6,000

Listed on 23/06/2026

Property Details

Bedrooms
1
Type
Flat

Description

This ground floor one-bedroom flat in Greenock presents a valuable opportunity for both renovation enthusiasts and buy-to-let investors. Situated within a traditional sandstone tenement, the property spans approximately 34 square meters and is part of a well-established residential area. Although it requires updating, it boasts features such as double glazing and storage solutions, making it a solid foundation for modernisation. The layout includes an entrance hallway, lounge, kitchen, bedroom, and bathroom. With substantial potential for rental income estimated at £425 per month (£5,100 annually), this flat can yield high returns at the current market price. Located conveniently near local amenities and transport links to major motorways and Glasgow city centre, this property is ideal for anyone looking to enhance their residential portfolio in the vibrant town of Greenock.

Investment Analysis

(PA15 area)
Area Average
£118/sq ft
Avg Rent (weekly)
£120
Avg Yield
6.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£8,000 - £12,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
136%
Properties sold annually

Local Market Trend (PA15)

Area prices are rising by +3.4% over the last 12 months
3 year growth: +12.2%
5 year growth: +29.7%
Investment Disclaimer: Analysis based on PA15 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Hay Street, Flat 0-1, Greenock PA15
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£23
Based on a loan of £4,500 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

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