2-bedroom terraced house · PA61 7YW
For saleListed 82 days
Opportunity summary
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About
An exciting opportunity to acquire a two-bedroom lodge, a popular property set in a wonderful, rural location on the ever-popular Isle of Colonsay.
Situated in the picturesque village of Scalastle on the enchanting Isle of Colonsay, Sophie Lodge presents an excellent opportunity to acquire a well established and popular holiday lodge.
This attractive timber framed property offers flexible accommodation arranged over two levels and combines comfort with a tranquil rural setting.
Accessed via an entrance path and external staircase, the front door opens into a welcoming hallway that provides access to the ground floor accommodation.
To the left, a bright double bedroom benefits from built in wardrobe space and an abundance of natural light via a Velux window in the pitched roof.
Adjacent to the bedroom is the family bathroom, fitted with a full size bath with electric shower over and a white two piece suite.
The hallway continues through to the main living area, a comfortable and well designed open plan space incorporating a lounge, kitchen and dining area.
The kitchen is fitted with a range of cream coloured wall and base units, complemented by solid wooden worktops, and includes an integrated electric hob and oven together with an under counter fridge freezer.
The lounge area provides comfortable seating and enjoys open views to the rear through sliding patio doors, which lead out to a decked area, ideal for al fresco dining or quiet relaxation while taking in the surrounding countryside.
A staircase from the hallway rises to the upper floor, where a single open plan room has been adapted to provide triple bed accommodation, although it could easily be reconfigured to create additional living space if desired.
Practical storage has been thoughtfully incorporated into the eaves on both the upper floor and in the ground floor bedroom, enhancing the functionality of this charming lodge.
The Island of Colonsay is a remote Inner Hebridean island off the west coast of Scotland measuring approximately ten miles by two miles and has a population of around 120.
It is a popular holiday destination and draws regular visitors back year after year. The island has long stretches of sandy beaches and an abundance of wildlife and plant life.
Sailing, fishing cycling and walking are popular pursuits and there is a challenging 18-hole links golf course.
Specifications for the property include mains electricity, shared private water, private drainage, electric storage heating.
Rateable Value- £3,000 Sophie Lodge is one of four terraced lodges, set in a popular island location adjacent to Colonsay Hotel.
To the rear, the property enjoys open views across the surrounding countryside, with many walks available for those looking to spend time outdoors.
A shared utility room is located under the property and falls under the title of Sophie Lodge, however it is used communally as a laundry room.
Communal grounds surround the property, as outlined on the sale plan.
Please note that restrictions within the property title prevent the property from being occupied on a full-time basis, however, it is well suited as a holiday let property or second home.
Upon disembarkation from the ferry, proceed straight ahead and follow the road up the hill for around 500 yards. The property is located on the right-hand side, adjacent to the hotel.
Sophie Lodge is the first of a block of four lodges, and is the one located closest to the road.
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
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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.
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FAQ
About Sophie Island Lodge, Scalasaig, Isle of Colonsay, Argyll and Bute, PA61
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