Springhill, Strone, PA23 8RR

Description

• PRIME NEW LISTING. We are excited to present this vacant three-bedroom detached house located within a prime location in Strone.

• **The Old Schoolhouse, Strone Brae, Strone PA23 8RR sold for £237,000. Fernhill, Strone Brae, Dunoon PA23 8RR sold for £230,000**

• This is a potentially excellent opportunity for serviced accommodation, with rates for three-bedroom properties in the area starting from around £290 per night, subject to gaining necessary planning consents. At 70% occupancy per month, the unit could achieve £6,174 PCM (£74,095 P/A), offering an incredible gross yield.

• The property requires a full renovation, making it highly appealing to shrewd builders, investors, and developers looking for an excellent BRRR opportunity. Once renovated, it would be an easy rental prospect.

• The property will be sold vacant, perfectly suiting first-time buyers or families seeking to build up their new home. It also appeals to savvy investors looking for an easily lettable property in this desirable location, ensuring both comfort and potential financial gain.

PRIME NEW LISTING. We are excited to present this vacant three-bedroom detached house located within a prime location in Strone.

The property comprises a welcoming hallway leading to a spacious living room, an elegant dining room, and a well-proportioned kitchen, alongside a versatile second reception room. There are three spacious bedrooms, ample storage throughout, and convenient toilet facilities.

This is a potentially excellent opportunity for serviced accommodation, with rates for three-bedroom properties in the area starting from around £290 per night, subject to gaining necessary planning consents. At 70% occupancy per month, the unit could achieve £6,174 PCM (£74,095 P/A), offering an incredible gross yield.

The property requires a full renovation, making it highly appealing to shrewd builders, investors, and developers looking for an excellent BRRR opportunity. Once renovated, it would be an easy rental prospect.

The property will be sold vacant, perfectly suiting first-time buyers or families seeking to build up their new home. It also appeals to savvy investors looking for an easily lettable property in this desirable location, ensuring both comfort and potential financial gain.

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

Excellent sales evidence in the area:

**The Old Schoolhouse, Strone Brae, Strone PA23 8RR sold for £237,000. Fernhill, Strone Brae, Dunoon PA23 8RR sold for £230,000**

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

Strone is a charming village located along the picturesque shores of the Holy Loch in Argyll and Bute, Scotland. Known for its stunning scenery, outdoor activities, and peaceful environment, Strone offers a delightful escape while remaining accessible to local amenities.

Map

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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.