Initial price	£25,000
11/09/25	£21,000
20/09/25	£17,000
25/09/25	£16,000
07/10/25	£14,000
09/10/25	£12,000
16/10/25	£11,000
01/11/25	£9,000
15/11/25	£8,000
03/12/25	£7,000
17/12/25	£6,000
18/12/25	£5,000
Price Change	-80.00%

This property is an investment opportunity for redevelopment, offering a reduced buyers fee of 3% of the sale price. The third-floor, two-bedroom flat is located in a traditional style building in Greenock, close to the town centre, with high tenant demand and potential yields of over 20%. The property requires some internal refurbishment, but has the potential to generate a rental income of £500-£550 per month. The area has a range of local amenities, including high-street shopping, and comparable sales in the area have achieved prices of up to £60,000. The property is being sold through a timed online auction, with bidding opening on December 18, 2025.