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**** available for immediate purchase, pre auction offers are welcome on this property. Contact our office to discuss**** for sale by online auction Thursday 8th February 2024 at 9.00AM.
Fantastic opportunity to purchase this tenanted three bedroom flat with sea views in Rothesay on the Isle of Bute. Ideal rental property producing rental income of £6,000 pa. The property comprises entrance hallway, lounge, hall, kitchen, 3 bedrooms, shower room and en suite.
The property is presented in good order throughout with gas central heating and double glazing. A schedule of works has been recently carried out to the communal areas and new windows have been fitted. Communal grounds to the rear are well presented.
- Tenanted investment property
- Stunning sea views
- Three bedrooms
- Good order throughout
- Rental return of £6,000 pa
- £8,000 discount on home report value
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 a short walk to the ferry terminal. Situated on the town's busiest 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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- Tenanted investment opportunity
- Good order throughout
- £10,000 discount on home report value