We Auction Property says ..

Property Oracle says ..

This one-bedroom flat in Greenock, Inverclyde, is listed for £38,000. The property is located on Murdieston Street, which is 0.5km from Greenock West train station. The available photographs showcase a one-bedroom flat, with a living room that shows signs of recent decoration, an open-plan kitchen with some modern appliances, and a compact, recently updated bathroom. There is also a view of a small garden area accessible from the property.

The listing highlights the property’s location in a high rental demand area and mentions that it was previously let at £500 per month. This suggests potential for rental income, making it an attractive option for both first-time buyers and buy-to-let investors. The property appears well-maintained, although some upgrades are present, including the wallpaper. While the photographs give a fairly positive impression, more detail would be useful to assess potential structural integrity and ongoing maintenance costs. A homebuyers survey would provide more information for the buyer.

The lack of square footage and plot size information in the listing limits a detailed analysis of the property’s value per square foot. Comparisons with nearby listings, many with missing information also, suggest that the asking price is generally in line with similar properties in the area, however, there is considerable information missing to give a definitive assessment. More information on the property condition and precise size is needed to confirm its value and market positioning with confidence.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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