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40, Sir Michael Street, 3FF, Greenock, PA151PL

Scotland

£11,000Guide Price

Listed on 19/07/2026

Property details

Bedrooms
1
Type
Flat

Description

This one-bedroom top floor flat presents a noteworthy renovation opportunity in a sought-after Greenock location. Positioned near essential amenities, this property requires modernisation and could yield considerable rental returns once upgraded. The layout includes a welcoming communal entrance, spacious lounge/kitchen area, a bathroom, and a bedroom equipped with storage. To enhance its appeal, the flat features double glazing and access to a shared garden at the rear. Given its prime town-centre location, residents will enjoy close proximity to public transport links and local shops while benefiting from on-street parking options. This property offers significant potential for investors seeking to expand their portfolio in a highly demanded rental area.

Investment analysis

(PA15 area)
Area Average
£109/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£12,000 - £20,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
71%
Properties sold annually

Local Market Trend (PA15)

Area prices are stable by +1.7% over the last 12 months
3 year growth: +12.4%
5 year growth: +22.2%
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

40, Sir Michael Street, 3FF, Greenock, PA151PL
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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
£42
Based on a loan of £8,250 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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