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One-bedroom flat with development potential
Innellan, PA23 - Get Access
1 bed
1 bath
Description
This vacant one-bedroom flat presents a superb development opportunity located within a prime location in Innellan Dunoon. The property comprises a cosy living room perfect for relaxation, a well-equipped kitchen ideal for culinary inspiration, a comfortable bedroom for restful nights, and a functional toilet. The property is currently vacant, presenting a unique opportunity for renovation. Once fully refurbished, it could achieve a rental income of £550-£650 PCM (£6,600-£7,800 PA), offering an exceptional gross yield based on the guide price. There is significant development potential with this property, as it could be enhanced by converting from a one-bedroom to a two-bedroom flat, subject to necessary permissions, making it an excellent prospect for investors or developers. Nestled near a wealth of local amenities, the property is located close to charming restaurants and coffee shops. It is also conveniently situated near schools, with easily accessible public transport links, adding immense value to the location. Innellan Dunoon is a quaint and picturesque town, known for its scenic coastal views and tranquil atmosphere. It offers a charming lifestyle with an array of local shops, restaurants, and leisure activities, making it an attractive spot for both residents and tourists. The area is well-connected by public transport, providing easy access to the surrounding regions.
Comparable sales
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Estimated market value
£
Range:
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Low confidence
Floor Area Estimated: 450 sq ft
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