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2 bed flat for sale

£30,000 Guide price

8, Argyle Street, Flat 3-1, Rothesay, Isle Of Bute PA200At PA20

2 bed flat for sale 2
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Property features

  • Two Bedroom third floor flat located within Rothesay. Rothesay is recognised as a popular holiday destination with regular ferry access making connections with the mainland quick and easy.
  • Two Bedroom Flat with magnificent sea views. This seafront property is comprised of an entrance hallway, lounge, 2 bedrooms and bathroom. Walking distance to ferry terminal. Open Aspects to Water.
  • The property is suitable for a range of purchasers including owner occupiers, holiday rental or as a holiday home. Located within the Rothesay Conservation area and close to Rothesay Esplanade.
  • RICS Home Report £48,000. Two Bedroom upper flat within Rothesay front line to the sea with amazing views. EPC Rating - Band E. Freehold Sale. Rental potential £500 per month. High Demand Area.
  • Rothesay is the principal town on the Isle of Bute, set on the Firth of Clyde. The island is served by two frequent ferry services, the main one is Rothesay to Wemyss Bay (approx. 35 minutes).

Property description

** sale by auction - 09 January 2025 - Timed Online Auction **

Two Bedroom upper flat within Rothesay front line to the sea with amazing views. Big shared garden. Open plan living room and kitchen, large bathroom. Vacant Possession. RICS Home Report Valuation £48,000 (Forty Eight Thousand Pounds Sterling). Built circa 1882 (Building is date stamped). The property is served by a mains gas supply with the meter located in hallway. Central heating and hot water is provided by way of gas fired central heating system (Vokera Boiler) located within kitchen. The accommodation comprises of: Entrance hall, w/c, cloakroom, living room, kitchen/diner, two bedrooms and bathroom. The building is set within the protected Rothesay conservation area and has been designated listed Category C status deeming it of local importance and an example of a particular style and period. Located within 200 yards of the ferry terminal making it a prime spot for holiday rentals. Realistic combined holiday rental income of over £100 per night in peak season. Excellent investment property. Two bedroom property with stunning sea views located within seconds of Rothesay Ferry Terminal on the Isle of Bute off Scotland's West Coast. Rothesay is the principal town on the Isle of Bute and enjoys a vibrant local community as well as being continually popular as a holiday destination with the regular ferry access making connections with Glasgow and further afield quick and easy. Rothesay offers a wide range of leisure and retail facilities as well as being well served by educational facilities. Rothesay has a cinema, leisure pool and playing fields. Berthing facilities are available at Rothesay Harbour with a new marina at Port Bannatyne approximately 3 miles away. There are three golf courses on the island with largest situated on Canada Hill with magnificent views over the River Clyde. The resort town of Rothesay is served by a regular ferry service from Wemyss Bay from where there are regular train services to Greenock and Glasgow making it easily accessible for holidaymakers.

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. 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. 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.

Auction Details
09 January 2025,10am-3pm
Timed Online Auction

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Property value data/graphs for PA20

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £307,474 £159 3.9 £350,395
Semi-detached £191,687 £118 3.5 £194,833
Terraced £105,446 £128 3.1 £170,000
Flats £106,293 £115 2.2 £92,793

Current asking prices in PA20

Average: £155,972
Avg. current asking prices in PA20
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £95,000
(1)
£165,000
(1)
£346,750
(4)
£422,500
(2)
Flats £64,222
(9)
£104,687
(16)
£138,455
(11)
£151,899
(5)
-
All £64,222
(9)
£104,118
(17)
£140,667
(12)
£238,499
(9)
£422,500
(2)

Current asking rents in PA20

Average: £373 pcm
Avg. current asking prices in PA20
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - - - - -
Flats £373 pcm
(1)
- - - -
All £373 pcm
(1)
- - - -

Fun facts for PA20

Highest value in PA20
Highest value streets Zed-Index
Eastlands Park £350,190
Pointhouse Crescent £203,764
Crosshill Villas £174,051
Wyndham Park £155,959
High Road £146,784
Highest turnover in PA20
Highest turnover streets Turnover
Bute Terrace 60.0%
Battery Place 54.9%
Eastlands Park 54.2%
Crosshill Villas 50.0%
Mount Pleasant Road 46.2%
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For more information about this property, please contact
Future Property Auctions, G41 on +44 141 376 8805 * (local rate)

Monthly running costs Beta

£280 Monthly total

Mortgage

Purchase price
Deposit (10%) 3,000
Repayment term 25
Interest rate 2.0
Your payment £114 /mo How Much Could I Borrow In association with RBS

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 £29 Electricity £56 Estimated energy cost £85/mo

Similar properties could save up to £193

How Much Could I Save? In partnership with uSwitch
Energy costs explained

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: 11600 kWh/year
Electricity: 3800 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Argyll and Bute

Estimated tax band A Council tax cost £81 /mo
when paid over 10 months
Council tax costs explained

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.

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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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