FOR SALE BY ONLINE AUCTION WEDNESDAY 25TH OF FEBRUARY 2026 AT 9AM -***GREAT OPPORTUNITY TO ACQUIRE A WELL-PRESENTED TENANTED ONE BEDROOM RESIDENTIAL PROPERTY***HIGH ANNUAL RENTAL YIELD OF 13.62% (BASED ON GUIDE PRICE)***IDEAL FOR FIRST-TIME BUYERS, DOWNSIZERS, OR BUY TO LET INVESTORS***
Located in a popular and convenient area of Greenock, this well-presented tenanted one bedroom residential property offers an excellent opportunity for first-time buyers, downsizers, or buy to let investors.
The accommodation comprises a bright and comfortable lounge, a well-proportioned double bedroom, a fitted kitchen with space for essential appliances, and a bathroom with a three-piece suite. The layout is practical and easy to maintain, making the property ideal for modern living.
The flat benefits from a pleasant outlook and is positioned close to local amenities, including shops, public transport links, and road connections providing easy access throughout Greenock and beyond. The area is also well served by local services and recreational facilities.
Offering good value and strong potential, 22A Prospecthill Street represents an attractive and affordable home in a convenient residential location.
Monthly rental revenue of £420 (£5,040 per annum), producing an annual rental yield of 13.62% based on guide price.
***RECENT NEARBY RESIDENTIAL PROPERTY SALES***
- 16 Brown Street, Greenock, PA15 2DE - Terracecd - 2 bedroom - SOLD Oct'25 - £120,000
- 54, Cardross Crescent, Greenock, PA15 3HS - Terraced - SOLD Oct'25 - £100,000
- 42, Balloch Road, Greenock, PA15 3ES - Semi detached - SOLD Oct'25 - £65,000
***Greenock is the largest town in Inverclyde and approximately 25 miles from Glasgow, making it a popular commuter town. With a population of roughly 45,000 people, there is high demand for residential property and commercial premises.***There are good local bus routes and arterial road links within the immediate Inverclyde area. These connect via Port Glasgow to the A8 and M8 motorways serving Paisley, Glasgow Airport and Glasgow City Centre***The property is located on Prospecthill Street close to the junction for Broomhill Street.***Local amenities can be found on Roxburgh Street, Inverkip Street and Dalrymple Street.***Recreational amenities of Rankin Park, Murdleston Street and Whinhill Street are all easily accessible.***There is a nearby train station at Drumfrochar***
GUIDE PRICE - £37,000
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Purchases are subject to a Buyer’s Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup / Special Conditions in the Legal pack to confirm.
Please note that as per the Estate Agents Act 1979 the vendor of the property is a connected party.
GREAT OPPORTUNITY TO ACQUIRE A WELL-PRESENTED TENANTED ONE BEDROOM RESIDENTIAL PROPERTY
HIGH ANNUAL RENTAL YIELD OF 13.62% (BASED ON GUIDE PRICE)
IDEAL FOR FIRST-TIME BUYERS, DOWNSIZERS, OR BUY TO LET INVESTORS
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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