>
2 bedroom flat for sale
43, Ardbeg Road, Rothesay, Isle of Bute, PA200NL
£9,000
43, Ardbeg Road, Rothesay, Isle of Bute, PA200NL
£9,000
Our Summary
- ** SALE BY AUCTION - 28 November 2024 - Timed Online Auction ****Fantastic budget 2 bedroom flat in secluded location on the outskirts of Rothesay Town Centre
- Requires a degree of internal modernisation which will enhance the appeal and value of the property*** ***Low guide price to appeal to first time buyers and investors alike***Located in quiet secluded area off the main road yet close to the shore line*** ***Certain to appeal to first time buyers, developers and buy to let landlords
- Potential rental of up to £600 pm / £7,200 pa which would be an incredible yield of 48% based on current guide price*** ***Located in a secluded position off the main road between Rothesay town centre and Port Bannatyne*** The property may lend itself to a low cost holiday home or serviced accommodation (STL)*** ***Incredibly low guide price*** Huge potential 48% rental yield***potential holiday let*** First time buyer property*** Easy development opportunity for resale***Situated on the Isle of Bute, in the Firth of Clyde off the West Coast of Scotland
- The property has the potential to be used as a holiday let as the 'staycation' option has become increasingly popular
- Auction Details28 November 2024, 10am-3pm Timed Online AuctionHow to Bid Now Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY
- Future Property Auctions - Scotland's Largest Land and Property Auction House
- Contact Us now for a FREE Auction Valuation
Description
This is a 2-bedroom flat located on the outskirts of Rothesay Town Centre on the Isle of Bute, Scotland. The property is in a secluded area off the main road, yet close to the shore line and town centre. It requires internal modernization to enhance its appeal and value. The guide price is low, making it an attractive option for first-time buyers, investors, and developers. The property has potential for a holiday let, with a possible rental income of up to £600 per month, offering a 48% yield based on the current guide price. The location is ideal for easy access to the seafront, ferry terminal, and amenities such as shops and restaurants. The island offers a range of activities, festivals, and a growing number of niche businesses, making it an attractive option for those looking for a lifestyle change. The property is going to auction on November 28, 2024, with bidding open online from 10am to 3pm.