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

This is an investment opportunity to purchase a third-floor, two-bedroom flat in Greenock, Scotland, which is ideal for redevelopment or rental purposes. The property is in need of some internal refurbishment, but has the potential to generate a 20% yield. It is located close to the town center, with a range of local amenities, including shopping, schools, and transport links. The flat has a communal entrance, hallway, lounge, kitchen, two bedrooms, and bathroom, with central heating, double glazing, and communal gardens. The asking price is competitive, and comparable sales in the area have achieved prices of £52,000 to £60,000. The property is being sold through a timed online auction on September 11, 2025, and interested bidders can submit an enquiry or visit the auctioneer's website for more information on how to participate.