1 Kilmory Terrace, 1/2, Port Glasgow, PA14 5PF

This two-bedroom flat, currently vacant, presents a promising renovation opportunity in Port Glasgow. The property is ideally situated near local amenities and boasts excellent transport links, making it an attractive option for both tenants and investors alike. The layout includes a welcoming living room, a kitchen, two spacious bedrooms, and a functional bathroom. With appropriate renovations, the property could achieve a rental income of approximately £650-£700 per month, translating to an annual return between £7,800 and £8,400. This potential offers a compelling gross yield of over 19%, making it an enticing prospect for savvy investors looking for high-yield opportunities in a desirable area. Given its competitive pricing relative to recent sales in the region—such as similar flats selling for around £53,000 to £54,000—this property is being offered at an advantageous price point to facilitate a quick sale. With the right improvements, the flat could significantly enhance its market value while providing steady rental income.