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For sale by Online Auction

Town & Country Property Auctions present this prime Rothesay seafront investment opportunity, 2-bed apartment with £27,000 Airbnb potential and immediate rental income

Description Flat 1B Glenfaulds, 10 Mountstuart Road, Rothesay, Isle of Bute, PA20 9DY Guide Price: £100,000 Home Report Value: £115,000 £15,000 Below Home Report Prime Seafront Location Investment Opportunity Town & Country Property Auctions proudly present this two-bedroom apartment within the sought-after Glenfaulds development on Rothesay's iconic seafront

Legal Pack A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction

Auction Information To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa

Pre Auction Offers Are Considered The seller is open to considering pre-auction bids, providing interested purchasers with the opportunity to secure the property before the auction date

Any acceptable offer received may result in the property being sold prior to auction, offering a keen buyer the chance to guarantee their purchase and avoid competitive bidding on auction day

Description

The property for sale is a two-bedroom apartment located at Flat 1B Glenfaulds, 10 Mountstuart Road, Rothesay, Isle of Bute. It has a prime seafront location with stunning coastal surroundings and benefits from strong demand from both long-term tenants and holidaymakers. The property is currently tenanted at £470 per month, offering immediate income, with an estimated market rent of £600 per month.

The property has £27,000 per annum projected Airbnb income, based on a 60% occupancy rate and £124 average nightly rate. The property is at a guide price of £100,000, which is £15,000 below its Home Report value of £115,000.

2 bed flat

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