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Lyle Road, Inverclyde, Greenock, PA16

Scotland

£165,000

Listed on 07/07/2026

Property details

Bedrooms
3
Type
Terraced
Area
904 sqft

Description

This traditional three-bedroom mid-terrace house presents an excellent investment opportunity for buyers interested in renovation and enhancement. Located in a well-established area of Greenock, the property features spacious living areas, extensive gardens, and ample potential for transformation. The building requires a thorough refurbishment throughout, making it an enticing prospect for developers or families eager to create a personalized space. The layout includes a welcoming entrance hallway leading to a bright front-facing lounge with large windows. At the rear, there's a sizable dining room perfect for gatherings, along with a galley-style kitchen that holds much promise for redesign or extension, subject to planning permissions. Upstairs, you'll find a generous landing serving three good-sized bedrooms and the family bathroom. The main bedroom benefits from natural light and substantial space while the second bedroom overlooks the back garden. Notably, the single bedroom offers additional loft storage, which is advantageous for growing families or those needing home office space. Externally, there are extensive front and rear gardens that need clearance and landscaping but offer considerable opportunities to develop attractive outdoor spaces or entertaining areas. The plot size is notably generous for a terrace residence. The property also includes a detached garage accessible from the lane and features additional cellar storage. Conveniently located near local amenities, schools, and transport links, this property provides significant potential for those willing to undertake renovation work to craft an exceptional family home.

Investment analysis

(PA16 area)

Above Market Value

This property is priced +9.3% above area average per sq ft

+9.3%
This Property
£183/sq ft
Area Average
£167/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£166,015
10% above area average per sq ft
Potential ROI
-34.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
45%
Properties sold annually

Local Market Trend (PA16)

Area prices are rising by +19.1% over the last 12 months
3 year growth: +18.2%
5 year growth: +14.7%
Investment Disclaimer: Analysis based on PA16 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

Lyle Road, Inverclyde, Greenock, PA16
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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
£623
Based on a loan of £123,750 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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