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Finnart Street, Inverclyde, Greenock PA16 - Image 1
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Finnart Street, Inverclyde, Greenock PA16

Scotland

£115,000
Listed on 16/10/2025

Property Details

Bedrooms
2
Type
Flat
Area
1001 sqft

Description

This spacious first-floor apartment is located in the desirable West End of Greenock, nestled within a well-maintained traditional tenement. Offering two generous double bedrooms, this property provides an excellent foundation for renovation. The shower room is functional but could benefit from modern updates to enhance its appeal. A unique seating area adjoining the living room and kitchen adds character and serves as a fantastic social space, with the potential for reconfiguration to suit contemporary living styles. Both rooms are well-proportioned, offering ample scope for redesign, whether you prefer an open-plan setup or distinct spaces. While the flat does require some modernization, it boasts charming period details, high ceilings, and spacious dimensions that offer significant investment potential. Residents also have access to a communal garden and on-street parking in this well-connected location close to local amenities and transport links. This property presents an appealing opportunity for first-time buyers, young professionals, buy-to-let investors, or anyone looking to create their ideal home with character in one of Greenock's most sought-after areas.

Investment Analysis

(PA16 area)

Below Market Value

This property is priced -27.2% below area average per sq ft

-27.2%
Potential saving
This Property
£115/sq ft
Area Average
£158/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£173,699
10% above area average per sq ft
Potential ROI
+24.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
355%
Properties sold annually

Local Market Trend (PA16)

Area prices are stable by +0.2% over the last 12 months
3 year growth: +14.6%
5 year growth: +7.0%
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

Finnart Street, Inverclyde, Greenock PA16
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£415
Based on a loan of £86,250 over 30 years at 4.06% 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.

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