176, Argyll Street, Dunoon PA237Ha PA23
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Property features
- **amazing rental investment property**Opportunity to expand rental portfolio with this one bedroom tenement flat. *** open viewing - Tuesday 20th Aug 2024 2.30pm-3.30pm ***
- Ideal for rental market potential £450 pcm income (£5400 pa) at an attractive rental yield of 16% approximately at guide price. Would suit investor landlord
- Comprising of - Communal entrance hall, landing with access to property on second floor, hall, lounge, dining sized kitchen (unfitted), double bedroom and bathroom.
- Dunoon is a popular victorian holiday town within Scotland making it an ideal property for someone looking to acquire holiday lets, or expand their portfolio into Scottish air BnB.
- **comparable sales** 2 bed Ardyll Street marketed Waterside properties £85,000**1 bed Church Street sold £57,500 2022**1 bed Hill Street sold £65,000 2022**1 bed Church st Currently marketed £48,000*
Property description
**amazing rental investment property**Opportunity to expand rental portfolio with this one bedroom tenement flat located in a commanding position on Dunoons busiest street. Close to local Businesses. Ideal for rental market potential £450 pcm income (£5400 pa) at an attractive rental yield of 16% approximately at guide price. Would suit investor landlord. Comprising of - Communal entrance hall, landing with access to property on second floor, hall, lounge, dining sized kitchen (unfitted), double bedroom and bathroom. Dunoon is a popular victorian holiday town within Scotland making it an ideal property for someone looking to acquire holiday lets, or expand their portfolio into Scottish air BnB. **comparable sales** 2 bed Ardyll Street marketed Waterside properties £85,000**1 bed Church Street sold £57,500 2022**1 bed Hill Street sold £65,000 2022**1 bed Church st Currently marketed £48,000*
The property is situated on the west side of Argyle Street, on the corner of its junction with Church Street within Dunoons town centre. Dunoon is located in the south of Argyll and Bute and is the main town on the Cowal Peninsula. It is connected by road but also by ferry from Gourock c. 25 miles west of Glasgow. The town has a population of 13,200 with significant employment in the area in administration, hospitality and tourism. Neighbouring occupiers include rs McColl, Bank of Scotland and Semichem giving excellent tenant demand. Dunoon now enjoys the status of being the marine gateway to Two ferry links to Gourock with rail and coach links meaning that Glasgow city centre is little more than an hour away, with Glasgow Airport, Braehead Shopping Centre and Greenock even closer.
Auction Details
19 September 2024,10am-3pm
Timed Online Auction
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Property value data/graphs for PA23
| Property type | Avg. current value | Avg. £ per sq ft. | Avg. # beds | Avg. £ paid (last 12m) |
|---|---|---|---|---|
| Detached | £308,211 | £153 | 3.5 | £249,784 |
| Semi-detached | £161,590 | £150 | 2.8 | £167,513 |
| Terraced | £180,539 | £156 | 2.5 | £181,166 |
| Flats | £126,855 | £114 | 2.3 | £96,789 |
Current asking prices in PA23
Average: £186,779| Property type | 1 bed | 2 beds | 3 beds | 4 beds | 5 beds |
|---|---|---|---|---|---|
| Houses | - |
£116,384 (40) |
£189,582 (18) |
£290,923 (13) |
£478,800 (5) |
| Flats |
£67,750 (4) |
£109,466 (15) |
£155,571 (7) |
£205,000 (2) |
- |
| All |
£67,750 (4) |
£114,497 (55) |
£180,059 (25) |
£279,466 (15) |
£478,800 (5) |
Current asking rents in PA23
Average: £593 pcm| Property type | 1 bed | 2 beds | 3 beds | 4 beds | 5 beds |
|---|---|---|---|---|---|
| Houses | - | - | - | - | - |
| Flats | - |
£624 pcm (3) |
£676 pcm (1) |
- | - |
| All | - |
£624 pcm (3) |
£676 pcm (1) |
- | - |
Fun facts for PA23
| Highest value streets | Zed-Index |
|---|---|
| Strone, Dunoon PA23 | £336,140 |
| Hunters Grove | £304,530 |
| Gerhallow | £265,091 |
| Sandbank, Dunoon PA23 | £262,769 |
| Cluniter Road | £255,058 |
| Highest turnover streets | Turnover |
|---|---|
| Birch Gate | 66.7% |
| Kilmun Court | 52.4% |
| Ben-Corrum Brae | 41.2% |
| Mckinlays Quay | 38.5% |
| Fairhaven | 37.1% |
For more information about this property, please contact
Future Property Auctions, G41 on +44 141 376 8805 * (local rate)
Monthly running costs Beta
Mortgage
These results are not provided by RBS and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.
Your home or property may be repossessed if you do not keep up repayments on your mortgage.
Energy
Gas £24 Electricity £52 Estimated energy cost £76/moSimilar properties could save up to £173
How Much Could I Save?
The estimated energy cost for this property has been calculated using actual energy usage data for a property of this size and region.
Estimated consumption
Gas: 9500 kWh/year
Electricity: 3500 kWh/year
Source: National Energy Efficiency Data Framework
Council Tax
Local authority
Argyll and Bute
Estimated tax band A Council tax cost £81 /mowhen paid over 10 months
The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.
Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Future Property Auctions, and do not constitute property particulars. Please contact Future Property Auctions for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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What's it like to live here?
Broadband speed at this location
Superfast
Up to 80 Mbps*
Aimed at larger families and heavy internet users. Superfast broadband is great if you download a lot of HD or 4K movies and TV boxsets and ensures a smooth, buffering-free experience when you're using streaming services, such as Netflix, Now TV and Spotify, to watch HD TV on multiple devices around the home. Online gaming is much more responsive too.
You can use the Superfast broadband for:
- Streaming services
- Stream HD video
- Download album ~ less than 1 min.
- Download 4GB game ~ 7 min.
- Download 1,5GB film ~ 3 min.
- Multiple devices (4 or more)
Transport
- Inverkip (3.8 miles)
- IBM (4.2 miles)
- Gourock (4.4 miles)