Initial price	£25,000
11/09/25	£21,000
Price Change	-16.00%

This is an investment opportunity for a third-floor two-bedroom traditional-style flat in Greenock, Scotland, that is ideal for redevelopment or rental purposes. The property needs some internal refurbishment after having a long-term tenant, but it has potential for a high yield, with a possible 20%+ return. The flat is located close to the town center, has a system of central heating, double glazing, and communal gardens, and is priced to sell. With a potential rental income of £500-£550 per month, it's an attractive option for landlords who are willing to put in the work to renovate the property. Comparable sales in the area have ranged from £52,000 to £60,000, making this a competitive listing. The property will be auctioned off on September 11, 2025, and interested buyers can submit an enquiry or visit the auction house's website for more information on how to bid.