3 Thornwood Lane, Innellan, Dunoon, Argyll, PA23 7TF

  • Unconditional Online Auction Sale
  • Guide Price* : £23,000

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.

Description

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.

To view legal documents for all properties, and to register for our online auctions please visit our website.

Purchases are subject to a Buyer’s Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup/Special Conditions in the Legal pack to confirm.

Key Feature 1

One Bedroom Flat in Quiet Village

Key Feature 2

Great for Holiday Bolthole or Holiday Let

Key Feature 3

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.

Loading the bidding panel...

Submit Offer Now

Agreement Documents

Related Documents

Virtual Tour

Virtual Tour - Thornwood Lane, Innellan

Share