Two-bedroom seafront apartment

Town and Country Property Auctions proudly present this two-bedroom apartment within the sought-after Glenfaulds development on Rothesay's iconic seafront. Positioned on prestigious Mountstuart Road, the property enjoys stunning coastal surroundings and benefits from strong demand from both long-term tenants and holidaymakers. Rothesay remains one of Scotland's most popular island destinations, attracting visitors year-round thanks to its waterfront setting, beaches, marina, golf courses, and excellent ferry links to the mainland. The property is currently tenanted at £470 per calendar month (£5,640 per annum), offering immediate income, with an estimated market rent of £600 per calendar month (£7,200 per annum). For investors seeking a holiday let strategy, projected Airbnb income is approximately £27,000 per annum, based on a 60% occupancy rate and £124 average daily rate subject to approval. Offered £15,000 below Home Report value, this represents an excellent opportunity to acquire a coastal investment property with strong income potential and long-term appeal.