2-bedroom semi-detached house · PA61 7YN
For saleListed 568 days
Opportunity summary
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About
No.6 Glassard is a charming 2 bedroom semi-detached cottage situated in the hamlet of Glassard on the Isle of Colonsay, a short walk from the harbour at Scalasaig where the ferry from Oban arrives.
Most of the rooms in the house boast stunning sea views towards the Islands of Jura and Islay. The property was constructed in the 1930's with the accommodation arranged over two floors.
The ground floor comprises - entrance porch; sitting/dining room with open fire and storage cupboard; kitchen; bathroom/utility with storage; and rear porch. There are two bedrooms on the first floor.
Please note that the seller is prepared to include some additional land which could offer the potential to further extend the property, subject to Local Authority consents.
The property has double glazing throughout, electric heating and there is a communal septic tank.
Location The picturesque and historic Island of Colonsay is located on the west coast of Scotland in the Atlantic Ocean, some 20 miles from the mainland.
Forming part of the Southern Hebrides, the Island can be reached from Oban by ferry or by plane from Oban Airport.
The area of Glassard is on the Eastern side of the Island and a short walk or drive from the harbour, ferry terminal, Island shop, post office, Doctors Surgery, Pantry, Church and Hotel in neighbouring Scalasaig.
Colonsay offers a surprising range of activities, especially for outdoors and wildlife enthusiasts of all ages.There is a challenging 18 hole golf course, many of the most wonderful beaches in Scotland with a chance to spot otters and seals, coastal walks to challenge young and old, excellent fly fishing for the native, wild brown trout on the Islands Lochs and dramatic cliffs, home to thousands of nesting guillemots, terns and seagulls.
The neighbouring Island of Oransay is connected to Colonsay by a mile-wide tidal causeway and is home to an historic Priory.
Extras All fitted carpets, curtains, light fittings and kitchen appliances are included in the sale. All of the furniture (excluding wall pictures) is available by separate negotiation.
Important Notice At present, No.6 Glassard forms part of Colonsay Estate's holiday letting portfolio.
Colonsay Estate are potentially able to offer holiday letting management services if required for future owners of this property.
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
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FAQ
About No. 6 Glassard, Scalasaig, Isle Of Colonsay, PA61 7YN
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