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

Scotland

£130,000
Listed on 10/12/2025

Property Details

Bedrooms
2
Type
Flat
Area
968 sqft

Description

This ground-floor apartment is located in the desirable West End of Greenock, housed within a well-maintained traditional tenement. The property features two spacious double bedrooms that provide a great base for transformation into cozy living spaces. While it currently possesses a practical shower room that could benefit from an upgrade, the layout allows for easy reconfiguration to meet modern living standards. Upon entering, you'll find a generous hallway that acts as a central hub, connecting the main living areas. The bright and airy living room offers plenty of potential for aesthetic updates or layout changes, while the kitchen/diner comes equipped with stylish cabinetry and integrated appliances, providing a solid foundation for culinary creativity. Although the flat requires some modernisation, it boasts original period details and high ceilings that can be enhanced through thoughtful renovation. The shared communal garden provides an idyllic outdoor space for relaxation and socialising during the warmer months, complemented by adequate on-street parking. Conveniently situated near Greenock town centre, local amenities, schools, and public transport options—including Greenock West railway station—this property presents an exciting opportunity for first-time buyers or investors looking to enhance its value through renovations in this sought-after area.

Investment Analysis

(PA16 area)

Below Market Value

This property is priced -12.5% below area average per sq ft

-12.5%
Potential saving
This Property
£134/sq ft
Area Average
£153/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£163,340
10% above area average per sq ft
Potential ROI
+5.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
255%
Properties sold annually

Local Market Trend (PA16)

Area prices are rising by +7.7% over the last 12 months
3 year growth: +20.4%
5 year growth: +8.9%
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
£469
Based on a loan of £97,500 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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