- Auction Date: 3rd June
- Two bedroom second floor flat
- Additional cellar space
- Traditional stone-built tenement
- Spacious internal layout (approx. 77m²)
- Gas central heating
- Central Greenock location
- Excellent redevelopment / refurbishment opportunity
- Ideal for investors or developers
- Scope to add significant value
3 George Square, Greenock, Inverclyde, PA15
Guide Price
£38,000
2 Bedroom Flat for sale in Inverclyde
2
Located within a mixed residential and commercial area of central Greenock, this two-bedroom second floor flat offers a fantastic opportunity for investors or buyers looking for a full refurbishment project.
The property comprises a spacious layout including a living room, two bedrooms, kitchen and bathroom, with additional benefit of a cellar space, offering useful storage or development potential.
Set within a traditional stone-built tenement building dating back approximately 146 years, the property retains character while providing scope for modernisation and improvement.
The property is currently requires renovation throughout, making it ideally suited to developers or buyers looking to add value. Once upgraded, the property has potential to appeal to both the rental market and resale buyers, particularly given its central location and generous accommodation.
With comparable properties in the area demonstrating strong resale potential once improved, this presents a compelling value-add opportunity for the right purchaser.
Greenock is a well-established coastal town in Inverclyde, situated on the south bank of the River Clyde, approximately 20 miles west of Glasgow. Rich in maritime heritage, the town grew from a small fishing settlement into a major shipbuilding and port centre, with industries such as engineering, sugar refining and trade playing a significant role in its development. Today, Greenock remains an important container and cruise port, while continuing to evolve with a focus on services, leisure and regeneration. Greenock is also well connected, with regular rail and road links to Glasgow and the wider Central Belt, along with ferry routes nearby providing access to Argyll and the west coast islands.
We would urge you to register a couple of days in advance as we cannot guarantee you will be registered on time to bid if we only receive your documents on the day of the auction.
It is imperative that you register to bid in the name you wish the property to be registered with Land Registry on completion. If buying in a company name, please ensure to detail the company name on the registration. Once the property is exchanged, the vendor could decline to accept any change.
Buyers should review the legal pack with their solicitor and ensure they do their own due diligence before deciding to purchase.
All property offered at auction is under an unconditional contract, requiring the successful buyer to pay a 10% non-refundable deposit and complete within the terms of the contract, which will normally be 14 or 28 days. For these reasons, it is suitable for cash buyers only.
Property Ref: WAD260090
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