2-bedroom flat · PA19 1EA
Listing removedListed 260 days
Opportunity summary
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About
This two bedroom upper flat is set in a building with just four homes and features highly impressive rear panoramic views towards the Firth of Clyde stretching from Dunoon to the Holy Loch, Loch Long and Rosneath Peninsula with the Argyll hills forming a stunning backdrop beyond.
This westerly aspect is perfect for enjoy the sunsets throughout the changing seasons. Occupies a rarely available location in the highly popular Castle Levan Estate.
A degree of internal upgrading is required and upon completion of the works this home would be ideal for first time purchasers, downsizers and rental investors.
There is a communal resident's car park situated to the side of the property offering space for one car. A paved area adjacent to the car park had previously been used a shared drying area.
Specification includes double glazing and gas central heating with new boiler installed in 2023. Private loft.
Apartments comprise: Entrance Hall by UPVC double glazed door with hatch to the loft and inbuilt storage cupboard.
There is an airy Lounge with three light rear facing window featuring panoramic Firth of Clyde views. The Kitchen features basic olive toned units, oak style work surfaces and splashback tiling.
Again, there are superb views to the Firth of Clyde from this room. There are double sized Bedroom which both benefit from fitted wardrobes.
The Bathroom offers a three piece suite comprising: Pedestal wash hand basin, wc and bath with electric shower. There is wall tiling.
Early inspection is essential to fully appreciate the views and potential offered by this affordable two bedroom home. EPC = C.
Hallway Lounge (3.30m x 4.78m (10'10 x 15'8)) Kitchen (3.15m x 2.08m (10'4 x 6'10)) Bedroom 1 (3.28m x 4.32m (10'9 x 14'2)) Bedroom 2 (2.01m x 3.38m (6'7 x 11'1 )) Bathroom
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 11, Doune Gardens, Gourock
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