Flat Ground/2, 179 High Street, Rothesay, Isle of Bute, PA20 9BS
- PROPERTY TYPE
Flat
- BEDROOMS
1
- BATHROOMS
1
- SIZE
377 sq ft
35 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Potential rental yield of circa 19%
- £12,000 discount on home report value
- Well maintained communal areas
Description
Online Property Auctions Scotland are delighted to offer this wonderful 1 bed ground floor apartment in Rothesay, Isle of Bute. Comprising, open plan lounge / kitchen, bedroom, shower room and entrance hallway. A degree of internal modernisation is required.
The property is located in a popular residential area with open views. Conveniently positioned with easy access to Rothesay town centre and all amenities.
The guide price has been set at £12,000 below current home report value of £37,000.
There is scope to carry out some internal works and create immediate further equity.
Entrance hall, lounge/kitchen, bedroom and shower room.
Potential end market rent £400pcm/£4,800pa giving rental yield of circa 19% mbased on guide price.
Ideal low cost holiday home.
Nearby sales include:
- 2/1, 179 High Street, Rothesay - Sold for £52,000 Mar 22
- 1/1, 157 High Street, Rothesay - Sold for £80,000 Dec 21
- 161 High Street, Rothesay - Sold for £75,000 Jul 22
- 85 High Street, Rothesay - Sold for £70,000 Oct 23
Situated on the Isle of Bute, in the Firth of Clyde off the West Coast of Scotland. Bute is an area of outstanding natural beauty and is the most accessible of all the Scottish Islands. There are two regular ferry services to the island from Wemyss Bay, near to Glasgow and from Colintraive on the Argyll peninsula. Bute can be an activity based experience if you desire. Diving, walking, swimming, cycling, fishing, shooting, sailing and golf are amongst the activities on offer. It has also seen an explosion of quirky eateries, including an American diner with live entertainment, an authentic Italian, a French Moroccan bistro as well as traditional Inns offering Scottish fare.
The island has also seen a wealth of new niche businesses in recent years. Bute hosts many festivals through out the year such as the highland games, jazz festival, Bute Noir book festival, LGBT pride march, classic car rallies and Bute Song to name a few. Bute has seen a surge in recent years of folks looking for a lifestyle change by relocating to the Island and travelling to the mainland for work. Excellent broadband access also means working from home on the Island is possible.
Ideally positioned for easy access to the seafront and less than a half-mile walk to the ferry terminal. Situated on the town's high street, the flat is close by to many amenities such as shops, restaurants and more. The property has the potential to be used as a holiday let as the 'staycation' option has become increasingly popular.
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Brochures
Legal DocumentsOnline BiddingEnergy performance certificate - ask agent
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Ask agent
Flat Ground/2, 179 High Street, Rothesay, Isle of Bute, PA20 9BS
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Wemyss Bay Station7.2 miles
About the agent
Online Property Auctions Scotland Limited, Glasgow
272 Bath Street, Glasgow, G2 4JR
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 246044. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Online Property Auctions Scotland Limited, Glasgow. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Online Property Auctions Scotland Limited, Glasgow on 01409 335799.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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