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Guide Price

£59,000

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10B North Campbell Road, Innellan Dunoon, PA23 7SE

Residential

flat

Vacant

1

bed

1

bath

1

reception

Freehold

Incredible Refurbishment Opportunity

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Floorplan

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How to buy at auction

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Deadline for offers

Tomorrow

Description

  • PRIME NEW LISTING. We are excited to present this vacant one-bedroom flat, a superb development opportunity located within a prime location in Innellan Dunoon.

  • **Flat R1/1, Argyll Buildings, Shore Road, Innellan PA23 7TP sold for £80,000 in Nov 2022, 8 Merkland Annexe, North Campbell Road, Dunoon PA23 7SE sold for £95,000 in May 2023**

  • This 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’s also conveniently situated near schools, with easily accessible public transport links, adding immense value to the location.

PRIME NEW LISTING. We are excited to present this vacant one-bedroom flat, 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.

This 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’s also conveniently situated near schools, with easily accessible public transport links, adding immense value to the location.

The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

Excellent sales evidence in the area:

**Flat R1/1, Argyll Buildings, Shore Road, Innellan PA23 7TP sold for £80,000 in Nov 2022, 8 Merkland Annexe, North Campbell Road, Dunoon PA23 7SE sold for £95,000 in May 2023**

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.

This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.

For further details on how to have a bidding account created, please contact the team.

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

Map

Deposit & Fee Calculator

10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£11,900

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Video Description Play Video: 10B North Campbell Road, Innellan Dunoon, PA23 7SE

Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.