3 Bed Flat, Single Let, Dunoon, PA23 7SY, £155,000

Newton Road, Innellan, Dunoon, Argyll, PA23 7SY - a month ago

BTL
ROI: 26%
~80 m²
+6 photos

ValuationUndervalued

Sold Prices£178K - £570K

 

 

Square Metres

~80 m²

Value Estimate

£178,000
BMV15%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£38,750

Stamp Duty & Legal Fees

£9,550

Total Cash In

£48,300

 

 

Cash Out

 

Rent Range

£1,950 - £1,950

Rent Estimate

£1,950

Running Costs/mo

£894

Cashflow/mo

£1,056

Cashflow/yr

£12,668

ROI

26%

Gross Yield

15%

Local Sold Prices

7 sold prices from £178K to £570K, average is £248K.

PriceDateDistanceAddressBeds 
£185K07/210.64 mi123a, Shore Road, Innellan, Dunoon, Argyll PA23 7SS3
£570K06/212.54 mi33, Leapmoor Drive, Wemyss Bay, Renfrewshire PA18 6BT3
£250K09/232.62 mi15 Wemyss Point, Undercliff Road, Wemyss Bay, Renfrewshire PA18 6AQ3
£290.5K06/232.62 mi8 Wemyss Point, Undercliff Road, Wemyss Bay, Ren PA18 6AQ3
£248K12/202.64 mi7 Wemyss Point, Undercliff Road, Wemyss Bay, Ren PA18 6AQ3
£235K03/212.64 mi8 Wemyss Point, Undercliff Road, Wemyss Bay, Renfrew PA18 6AQ3
£178K08/232.9 mi2, Forbes Place, Wemyss Bay, Renfrewshire PA18 6AU3

Local Rents

2 rents from £1.9K/mo to £1.9K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,95007/241.83 miShorehouse, Toward, Dunoon, PA234
£1,95008/241.83 mi-4

Local Area Statistics

Population in Dunoon

12,620

Town centre distance

4.71 miles away

Nearest school

0.40 miles away

Nearest train station

3.02 miles away

 

 

Rental growth (12m)

-8%

Sales demand

Seller's market

Capital growth (5yrs)

+47%

Property History

Listed for £155,000

February 26, 2025

Floor Plans

Description

  • COUNCIL TAX BAND B +
  • TRADITIONAL UPPER CONVERSION +
  • OPEN OUTLOOKS & STUNNING VIEWS +
  • 3 DOUBLE BEDROOMS +
  • SPACIOUS LOUNGE WITH STUNNING VIEWS +
  • MODERN FITTED DINING KITCHEN & APPLIANCES +
  • DOUBLE GLAZING & GAS CENTRAL HEATING +
  • SMART FAMILY BATHROOM +
  • RAISED DECKING AREA AND SLABBED SEATING +
  • GARDEN AND PARKING RARELY AVALIABLE +

The property has been INDEPENDENTLY VALUED at £165,000 by a Royal Institution of Chartered Surveyors (RICS) qualified surveyor.

A traditional upper conversion with 3 DOUBLE BEDROOMS, STUNNING PANORAMIC VIEWS and PRIVATE PARKING. Rarely available!

This traditional upper conversion is located in the beautiful beach village of Innellan four miles south of Dunoon.

The accommodation briefly comprises a porch entrance, a welcoming hallway, a bright and spacious living room with a fireplace and high ceilings, a modern fitted kitchen, three large bedrooms and a smart three-piece family bathroom with a tub-shower combination, a hand wash basin and a WC.

Externally, the property benefits from a raised decking area with stunning panoramic views, a beautiful garden with slabbed seating and private parking.

This home is an excellent find. We anticipate a high amount of interest and as such we would recommend that any interested buyers inquire to arrange a viewing at the earliest convenience to ensure the opportunity is not missed.

We highly recommend early viewing as this property is priced relatively low and is likely to generate quite an interest.

Please call us now to book an appointment.

Call Recording

Please note to ensure the highest level of customer service, all calls may be recorded and monitored for training and quality purposes.

Disclaimer

Springbok Properties for itself and the Vendors or lessors of properties for whom they act give notice that:

The details shown on this website are a general outline for the guidance of intending purchasers, and do not constitute, nor constitute part of, an offer or contract or sales particulars. All descriptions, dimensions, references to condition and other details are given in good faith and are believed to be correct but any intending purchasers should not rely on them as statements or representations of fact but must satisfy themselves by inspection, searches, survey, enquiries or otherwise as to their correctness. We have not been able to test any of the building service installations and recommend that prospective purchasers arrange for a qualified person to check them before entering into any commitment. Further, any reference to, or use of any part of the properties is not a statement that any necessary planning, building regulations or other consent has been obtained. All photographs shown are indicative and cannot be guaranteed to represent the complete interior scheme or items included in the sale. No person in our employment has any authority to make or give any representation or warranty whatsoever in relation to this property.

TENURE

To be confirmed by the Vendor's Solicitors

Note

The price given is a marketing price and not an indication of the property's market value. The vendor like any seller is looking to achieve the maximum price possible. Hence, by making an enquiry on this property, you recognise and understand that this property is strictly offers in excess of the marketing price provided.

How to View this Property

Viewing is strictly by appointment please call us now for bookings.

AML REGULATIONS & PROOF OF FUNDING: Any proposed purchasers will be asked to provide identification and proof of funding before any offer is accepted. We would appreciate your co-operation with this to ensure there are no delays in agreeing the sale.

Agent Details

Springbok Properties, Nationwide

0161 416 6302

Next Steps?

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