2-bedroom flat · PA31 8LU
Listing removedListed 389 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-proportioned 2-Bedroom second-floor flat is ideally located just a short walk from Lochgilphead's main street.
Situated on the top floor of the McLullich Buildings, the property features a spacious, open-plan Kitchen and Living area, perfect for modern living.
Large windows offer elevated views across Lochgilphead and beyond, providing a bright and airy atmosphere throughout the property.
The accommodation comprises an entrance Hallway, inner Hallway, open-plan Kitchen/ Living area, two double Bedroom's and modern Bathroom.
While in need of some modernization the property is in walk in condition and would be an ideal starter home or may be suitable for short/long-term letting accommodation purposes (subject to the relevant consents).
The property also features use of a large, attractive communal garden and drying green area. Council Tax: Band A EPC Rating: E53
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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 Top floor Flat 2/1 McLullich Buildings, Lorne Street, Lochgilphead, PA31 8LU
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