FOR SALE BY ONLINE AUCTION THURSDAY 21ST APRIL AT 9.00AM. One bedroom ground floor flat in small village near Dunoon. Requires light refurbishment. Ideal for Buy-To-Let or Holiday Let investors.
The property consists of a small entrance area with storage cupboards and space for a washing machine/dryer, leading into the open plan living room/kitchen area with kitchen units lining the left hand wall and an exposed stone feature wall with a log burner. To the right there is a shower room / w/c in good condition. To the right of the entrance hallway is the double bedroom, with a large cupboard and built-in shelf space.
The flat is located off the main coastal road through Innellan, making it only a short walk to the beach, but also giving it the benefits of a quiet, secluded location. There is off-road parking available close to the front door.
The property would be ideal either as a rental property or a holiday let for weekend getaways and staycations - or even a potential holiday bolthole for the new owner. Estimated potential rental income in the region of £400pcm, providing a 20.8% yield at Guide Price.
The adjoining ground floor flat sold for £30,000 in September 2019.
Innellan is a small coastal village on the western shore of the Firth of Clyde, a few miles south of Dunoon. The village is a pleasant and quiet retreat from hectic city life, with long peaceful beaches, a historic golf club and a small population of roughly 1000 people. There are transport links to Glasgow and the rest of Scotland, either via the A815/A83 or the ferry crossing from Dunoon to Gourock.
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One Bedroom Flat in Quiet Village
Great for Holiday Bolthole or Holiday Let
Potential Rental Income in the Region of £400pcm
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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