2 Bed Flat, Single Let, Dunoon, PA23 7JL, £95,000

44 Auchamore Road, Dunoon, Argyll and Bute, PA23, PA23 7JL - 6 months ago

BTL
ROI: 5%
~68 m²
+23 photos

ValuationFair Value

Sold Prices£42K - £335K

 

 

Square Metres

~68.11 m²

Value Estimate

£93,250

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£23,750

Stamp Duty & Legal Fees

£5,950

Total Cash In

£29,700

 

 

Cash Out

 

Rent Range

£550 - £1,245

Rent Estimate

£556

Running Costs/mo

£428

Cashflow/mo

£128

Cashflow/yr

£1,535

ROI

5%

Gross Yield

7%

Local Sold Prices

21 sold prices from £42K to £335K, average is £83.3K.

PriceDateDistanceAddressBeds 
£105K06/210.05 mi5, Victoria Road, Dunoon, Argyll PA23 7EA2
£72K10/210.05 mi13, Victoria Road, Dunoon, Argyll PA23 7EA2
£42K12/210.07 mi6a, Belmont Lane, Dunoon, Argyll PA23 7JA2
£91.5K02/210.1 mi18b, Auchamore Road, Dunoon, Arg PA23 7DY2
£112K08/210.13 mi88, Eleanor House, Edward Street, Dunoon, Arg PA23 7AS2
£55K05/210.16 mi2a, Hill Street, Dunoon, Arg PA23 7AN2
£60.5K03/210.16 mi4a, Hill Street, Dunoon, Argyll PA23 7AN2
£74K08/210.18 mi14, Cromwell Street, Dunoon, Argyll PA23 7AU2
£105K07/210.23 miTower House 7a, Hanover Street, Dunoon, Argyll PA23 7AB2
£230K10/210.3 mi18, Kilbride Avenue, Dunoon, Argyll PA23 7LH2
£115K06/210.3 mi164, John Street, Dunoon, Argyll PA23 7BJ2
£115K06/210.3 mi164, John Street, Dunoon, Argyll PA23 7BJ2
£72K02/210.32 mi177e Ashton View, Edward Street, Dunoon, Arg PA23 7PH2
£73K01/210.47 mi136a, Alexander Street, Dunoon, Argyll PA23 7PY2
£91K04/210.6 mi28a, Pilot Street, Dunoon, Argyll PA23 8BY2
£70K01/210.64 mi6, Rossmount, Queen Street, Dunoon, Argyll PA23 8AP2
£335K12/210.8 mi155, Dhailling Lodge Guest House, Alexandra Parade, Dunoon PA23 8AW2
£95K12/211.01 mi75, Dixon Avenue, Kirn, Dunoon, Argyll PA23 8JA2
£83.3K05/211.07 mi61, Ardenslate Road, Kirn, Dunoon, Argyll PA23 8NL2
£63K07/211.13 mi84, Fairhaven, Kirn, Dunoon, Argyll PA23 8NS2
£66K10/211.14 mi59, Fairhaven, Kirn, Dunoon, Argyll PA23 8NR2

Local Rents

19 rents from £550/mo to £1.2K/mo, average is £650/mo.

RentDateDistanceAddressBeds 
£65001/250.11 mi-2
£57511/230.33 mi-2
£65009/240.35 mi-2
£70012/230.65 mi-3
£67510/240.65 mi-3
£1,24506/241.32 miKirn Brae, Dunoon, PA234
£1,15007/241.32 miKirn Brae, Dunoon, Argyll & Bute, PA234
£1,14508/241.32 miBraeside, Kirn Brae, Dunoon, Argyll & Bute, PA234
£1,14509/241.32 miKirn Brae, Dunoon, PA234
£60012/241.36 mi-2
£62506/241.36 miVictoria Crescent, Kirn, Dunoon, PA232
£62506/241.36 miVictoria Crescent, Kirn, Dunoon, PA232
£60007/241.36 miVictoria Crescent, Kirn, Dunoon, PA232
£75006/241.95 mi-2
£75006/241.95 mi-2
£1,20002/242.09 mi-3
£55010/232.33 mi-2
£55008/242.33 mi-2
£55007/242.33 miFerguslie Street, Dunoon, PA232

Local Area Statistics

Population in Dunoon

12,620

Town centre distance

0.89 miles away

Nearest school

0.20 miles away

Nearest train station

3.64 miles away

 

 

Rental growth (12m)

-8%

Sales demand

Seller's market

Capital growth (5yrs)

+47%

Property History

Listed for £95,000

October 24, 2024

Floor Plans

Description

  • Lower Victorian Villa +
  • Two Double Bedrooms +
  • Two Reception Rooms +
  • Large Private Gardens +
  • Many Original Features +
  • DG and GCH +
  • Close to Town Centre +
  • Short Stroll to West Bay +
  • Good Family Home +
  • Buy to Let Potential +

Two bed lower Victorian Villa with large private gardens in an excellent location only a short stroll from the town centre. The spacious flat boasts many original features and comprises a lovely sitting room with bay windows to the front, large and well-appointed dining kitchen with adjoining utility room, modern family bathroom and the bedrooms, both of which are good-sized doubles. Double glazing and gas central heating further enhance the property internally. ‘Leabank’ also benefits by having exclusive use of the front garden which could easily be turned into a driveway plus the extensive, and private, gardens at the rear which are made up of a patio area, outhouse and a long stretch of enclosed lawn. The back gardens, especially, are perfect for children and / or pets to play in complete safety. This would make an ideal family home or a lucrative buy-to-let given its size, gardens, location and affordability. Accommodation
Entrance Vestibule, Sitting Room, Dining Kitchen, Utility Room, Two Double Bedrooms and Bathroom Directions
The property is situated at the foot of Auchamore Road, near the junction with Wellington Street. Access
The flat can be accessed either via the main entrance at the front, or at the back, into the kitchen, which is reached by the neighbouring driveway which has access rights to the back of the flat. Gardens
The property benefits by both the sections of the front garden, which could easily be turned into a driveway, as well as the patio and long stretch of lawn at the back. Dimensions
Vestibule 1.35m x 0.70m / 4’6” x 2’4”
Hallway 4.35m x 2.60m / 14’4” x 8’7”
Sitting Room 5.05m x 4.25m / 16’7” x 14’0”
Dining Kitchen 4.15m x 4.10m / 13’8” x 13’6”
Utility Room 3.05m x 1.60m / 10’0” x 5’3”
Bedroom 1 4.50m x 4.40m / 14’10” x 14’6”
Bedroom 2 3.90m x 3.20m / 12’10” x 10’6”
Bathroom 2.60m x 2.60m / 8’7” x 8’7” Services
Mains Water
Mains Drainage
Gas Central Heating
Note: The services, white goods and electrical appliances have not been checked by the selling agents. Council Tax
Leabank is in Council Tax Band B. Home Report
A copy of the Home Report is available by contacting Waterside Property Ltd. Viewings
Strictly by appointment with Waterside Property Ltd. Offers
Offers are to be submitted in Scottish legal terms to Waterside Property Ltd. EPC rating: D. Tenure: Freehold,

Agent Details

Waterside Property, Dunoon

01369 800329

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪