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6, Hay Street, Flat 0-1, Greenock PA154BA PA15 - Image 1
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6, Hay Street, Flat 0-1, Greenock PA154BA PA15

Scotland

£5,000Guide Price

Listed on 24/06/2026

Property details

Bedrooms
1
Type
Flat

Description

This ground-floor flat presents a valuable opportunity for renovation in the established residential area of Greenock. Situated within a traditional sandstone tenement, the property comprises one bedroom along with essential living areas including a lounge, kitchen, and bathroom. Although it currently requires upgrading, this space boasts good potential for modernisation and could yield an estimated rental income of £425 per month, equating to approximately £5,100 annually. The flat benefits from double glazing and access to on-street parking while being conveniently located close to local amenities on Lynedoch Street and Regent Street. Positioned near transport links leading to Glasgow City Centre and further afield, this property is appealing for buy-to-let investors eager to enhance their portfolio in a vibrant town known for its rich maritime history. With immediate entry available upon purchase, this vacant investment offers both accessibility and growth potential.

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Investment analysis

(PA15 area)
Area Average
£109/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£8,000 - £12,000
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

6, Hay Street, Flat 0-1, Greenock PA154BA PA15
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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
£19
Based on a loan of £3,750 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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