Description

• Status: Available
• Type: Flat

• Ownership: Freehold
• Occupation: Tenanted

• Bedrooms: 2
• Council Tax: Search

READY LET PROPERTY INVESTMENT (£4,200pa since 2019) Cozy second floor flat located in the docking town of Greenock. This property comprises of a sitting room, kitchen, bathroom and two bedrooms.

This property also benefits from additional features such as double-glazed windows and a town centre location with amenities and schools nearby.

This is an attractive purchase for a variety of different buyers and in particular investors, as the property looks to achieve a strong rental income.

This property is sold with existing tenant in place paying 350 per month. Copy lease in legal pack download.

The town of Greenock is well known for its shipbuilding and sugar refineries with its excellent location on the firth of the Clyde.

The town of Greenock is well known for its shipbuilding and sugar refineries with its excellent location on the firth of the Clyde. The ocean terminal provides employment for many different industries including the sizeable container port there and the cruise liners that dock there. The property benefits from its great location as it is a short walk from the nearest train station which runs a frequent service to Glasgow central. There is also a host of amenities nearby in the town Centre such as Tesco, Aldi and Morrisons. There is also the Oak mall shopping Centre and the waterfront swimming baths and leisure Centre. As for schooling, the newly built All Saints primary is walking distance away and there are four high schools in Greenock to choose from.

Full Address: 73 Cathcart Street, Flat 2-1, Greenock, PA15 1DE

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Map & Location

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Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length: Since 2019 Rolling
Rent: £4,200 per year / £350 per month
Yield: 18% (approx)
Tenant: Private Individual
Notes: Let since 05 December 2019 at 350 per month.

Document Downloads

Legal Pack (Available)

Pricing Information & Bidding

Opening Bid: £23,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

How to Bid... To take part in the online auction you must firstly create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest Online Auction Bidders Guide now.

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Offer Now... You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

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SPECIAL Terms of Sale

• 10% Deposit
• Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
• 4 Weeks Completion or Longer By Agreement
• Contribution to Sellers Costs £2,750 for on time settlement

VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.

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Auction Details

Date & Time: 15 May 2025, 10am-3pm
Type: Timed Online Auction

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