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
Price Change	-64.00%

This is an investment opportunity for a two-bedroom flat located in Greenock, Scotland. The property, situated on the third floor, is in need of some internal refurbishment and has had a long-term tenant. However, with some renovation work, it has the potential to generate a high rental income of £500-£550 per month, representing a potential 20%+ yield. The property benefits from central heating, double glazing, and communal gardens. The town of Greenock has a range of local amenities, including a busy high-street shopping area. The property is priced to sell and comparable sales in the area have achieved prices ranging from £52,000 to £60,000. The property will be sold through a timed online auction on November 6, 2025, with bidding open from 10am-3pm.