Check out this property for sale on Zoopla!

1 bed flat for sale in Armadale Place, Greenock

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Property features

Buy-to-Let Opportunity
Long Term Tenant Currently Situated
Likely to attract enquiries from Serious Investors & Developers
Spacious Lounge
Convenient Storage Available
Investment potential detailed below (Let Property Pack)

Property description

Our latest listing is a 1 bedroom flat located in Greenock. It is in close proximity to valuable amenities, is able to generate rewarding rental returns and has a tenant currently situated.

For investors looking to expand their portfolio, this is a fantastic opportunity!

This well-kept home features 1 bedroom, lounge, kitchen and bathroom.

Investment details

It currently produces an annual gross income of £4,200 which could be increased by the new owner to a market rate of £7,200 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested, please call us.

Tenancy Details

The current tenants have lived in the property for several years and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.

Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.

Property info

Let Property Pack

Floorplan(s): Floor Plan

Floor Plan View original

View Floorplan 1(Opens in a new window)

Transport Schools Healthcare Food stores Restaurants/bars Sports/health clubs Parks/recreation

Property value data/graphs for PA15

Property type	Avg. current value	Avg. £ per sq ft.	Avg. # beds	Avg. £ paid (last 12m)
Detached	£305,897	£163	3.7	£186,283
Semi-detached	£224,994	£136	2.7	£94,903
Terraced	£215,470	£140	2.7	£101,924
Flats	£112,154	£112	2.0	£62,387

Current asking prices in PA15

Average: £87,772

Avg. current asking prices in PA15
Property type	1 bed	2 beds	3 beds	4 beds	5 beds
Houses	-	£120,000 (1)	£160,500 (4)	-	-
Flats	£64,400 (5)	£65,889 (9)	£104,000 (1)	-	-
All	£64,400 (5)	£71,300 (10)	£149,200 (5)	-	-

Current asking rents in PA15

Average: £467 pcm

Avg. current asking prices in PA15
Property type	1 bed	2 beds	3 beds	4 beds	5 beds
Houses	-	-	-	-	-
Flats	£456 pcm (3)	£498 pcm (1)	-	-	-
All	£456 pcm (3)	£498 pcm (1)	-	-	-

Fun facts for PA15

Highest value in PA15
Highest value streets	Zed-Index
Caledonia Drive	£326,655
Chalmers Lane	£318,700
East Street	£259,008
Mitchell Street	£258,424
Whitelees Road	£252,281

Highest turnover in PA15
Highest turnover streets	Turnover
Laird Street	42.9%
Scott Way	38.5%
Shaw Place	38.5%
James Watt Way	35.1%
Balmore Road	34.6%

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Let Property, and do not constitute property particulars. Please contact Let Property for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.