2-bedroom flat · KA29 0BF
Listing removedListed 337 days
Opportunity summary
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About
The apartment is located in a striking block, recently constructed by Dawn Homes, and is situated in the attractive and tranquil seaside village of Fairlie, which lies approximately two miles to the south of Largs.
5 Craig Hill Court is an immaculate top floor luxury flat that is presented to the market in truly walk in condition.
The development is well placed for ease of access to the centre of Largs, with its wide range of amenities, train and bus terminals.
Fairlie itself has ease of access to Largs Yacht Haven Marina, and popular coastal walks.
For the commuter Fairlie mainline train station, with a regular direct service to Glasgow, is within easy reach.
In more detail the accommodation on offer comprises a communal entrance hallway entered via secure video entry system which gives stairway access to the apartment.
Upon entering the apartment, a broad reception hallway with two large storage cupboards opens to a bright, spacious lounge/kitchen dining room laid on an open plan basis.
The lounge features a set of UPVC French doors with a Paris balconette which offers elevated coastal views.
The kitchen is fitted with a range of wall and base units with integrated appliances to include induction hob, oven, extractor, fridge, freezer, dishwasher and a combined washer/dryer washing machine.
The apartment has two double bedrooms both with built in wardrobe storage. The main bedroom has access to a three piece ensuite shower room comprising WC, wash hand basin and shower cubicle.
The main bathroom is fitted with a three piece suite to include WC, wash hand basin with vanity unit and bath. The apartment benefits from high quality carpeting and Amtico flooring.
The blinds to all rooms are by Thomas Sanderson. In addition to the above the property has double glazing, gas central heating, and allocated owner parking space.
There is also visitor parking within the grounds of the development.
Bathroom 2.05m x 2.06m Ensuite 1.46m x 1.57m Lounge / Kitchen / Dining 4.85m x 7.37m Main Bedroom 3.26m x 4.61m Bedroom 2.64m x 4.61m
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.
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About 5 Craig Hill Court, Fairlie, KA29 0BF
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