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Finnart Street, Inverclyde, Greenock PA16 - Image 1
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Finnart Street, Inverclyde, Greenock PA16 - Image 3

Finnart Street, Inverclyde, Greenock PA16

Scotland

£130,000
Listed on 11/12/2025

Property Details

Bedrooms
2
Type
Flat
Area
968 sqft

Description

This ground-floor apartment, located in the desirable West End of Greenock, offers a unique opportunity for those looking to invest in a property with significant renovation potential. The flat is housed within a traditional tenement that exudes character and charm while providing generous living spaces that can be tailored to modern tastes. Inside, you'll find two spacious double bedrooms that serve as blank canvases for personalisation and comfort. The current shower room presents a chance for an upgrade to align with contemporary standards. The hallway serves as a welcoming entrance, connecting to the bright living room, which is well-sized and ripe for reconfiguration or modern updates. Adjacent is the high-spec kitchen/diner equipped with stylish cabinetry and integrated appliances, all overlooking the peaceful shared garden at the rear—a space perfect for relaxation or outdoor activities. With original features such as high ceilings and ample room sizes, this apartment invites creative enhancements that could significantly boost its value. Additionally, residents enjoy access to communal gardens and convenient on-street parking. Nestled close to Greenock town centre, local amenities, schools, transport links including Greenock West railway station, and scenic waterfront areas, this property stands out as an exceptional opportunity for first-time buyers, professionals or buy-to-let investors seeking a blend of traditional charm and modern convenience.

Investment Analysis

(PA16 area)

Below Market Value

This property is priced -15.6% below area average per sq ft

-15.6%
Potential saving
This Property
£134/sq ft
Area Average
£159/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£169,356
10% above area average per sq ft
Potential ROI
-0.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
58%
Properties sold annually

Local Market Trend (PA16)

Area prices are stable by +1.7% over the last 12 months
3 year growth: 16.0%
5 year growth: 8.1%
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 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£476
Based on a loan of £97,500 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE