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Dempster Street, Greenock, Inverclyde, PA15 - Image 1
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Dempster Street, Greenock, Inverclyde, PA15

Scotland

£31,000Guide Price

Listed on 01/09/2026

The listing

Property details

Bedrooms
1
Type
Apartment

Description

This one-bedroom top floor flat presents a promising opportunity for investors and developers looking to make an affordable acquisition in Greenock. Located within a traditional stone-built tenement, the property offers significant potential for value enhancement through modernisation and improvement. The layout includes an entrance hallway leading to a bright open-plan lounge and kitchen area, a double bedroom, and a bathroom. The flat benefits from gas central heating, double glazing, and secure door entry access. Positioned on the top floor of a block comprising nine flats, it enjoys convenient access to local amenities, transport links, and the town centre. With a Home Report valuation of £35,000, this property stands out as an attractive proposition for those looking to enter the rental or resale market. Offered at auction on 7th October, interested parties are encouraged to register in advance to ensure eligibility for bidding.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

50out of 100
Grade DWeak opportunity

Confidence: LOW

This one-bedroom top-floor flat in Greenock presents an affordable entry point into the property market, particularly appealing for investors and developers looking to add value through modernisation. While the property shows general wear and features a dated kitchen and bathroom, it offers a functional layout within a traditional stone-built tenement, which could yield attractive returns after refurbishment.

With an asking price of £31,000, this flat is significantly below the local average sale price of £77,704, making it a compelling opportunity despite the need for improvements. The property benefits from good transport links and local amenities, adding to its appeal. Bidding at auction can push the final price above the guide, so potential buyers should be prepared for that possibility.

Key opportunities

  • Affordable acquisition price in a well-established residential area.
  • Scope to modernise and enhance the property for rental or resale.
  • Good transport links and access to local amenities.

Key risks

None recorded.

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Map

Location

Dempster Street, Greenock, Inverclyde, PA15
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£117
Based on a loan of £23,250 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.

Tax

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