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See how verdicts work2-bedroom flat · G84 0NP
Sold STCListed 49 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying an enviable top-floor position, this well-appointed second-floor conversion forms part of an imposing and handsome listed mansion house in the picturesque village of Cove.
Occupying an enviable top-floor position, this well-appointed second-floor conversion forms part of an imposing and handsome listed mansion house in the picturesque village of Cove.
Originally built, we understand, during the 1860s, Myrtle Park was a substantial detached residence before being subsequently converted into a number of individual apartments within.
The property enjoys an attractive setting within attractive and private gardens, with mature trees, shrubs and established planting providing a pleasant backdrop.
Communal parking is available around the building.
Number 4 is accessed to the rear via a communal stairwell and entrance vestibule, which also provides useful additional space for storage, bicycles and outdoor equipment.
Being situated on the upper level, the property enjoys an elevated position with fabulous views from the side of the building over towards the Firth of Clyde and Loch Long.
Internally, the accommodation comprises a welcoming entrance hallway leading through to a particularly light and bright 13ft lounge.
This attractive principal reception room features a characterful timber fire surround with a multi-fuel stove, creating a warm and inviting focal point.
The dining kitchen is fitted with a range of floor and wall-mounted units, providing excellent storage and preparation space.
A side-facing double-glazed window allows plenty of natural light into the room, while there is space for free standing appliances.
The kitchen is finished with laminate flooring and provides ample room for dining.
There are two well-proportioned double bedrooms, both offering sufficient space for a double bed and additional bedroom furniture.
The principal bedroom further benefits from useful additional in-built storage.
The side-facing bathroom comprises a three-piece white suite incorporating a low-level WC, wash hand basin and panelled bath, with tiled detailing around the bath area and an electric shower positioned above the bath.
Further features include quality sash-style double-glazed units enhancing soundproofing and insulation, together with a central heating system warmed through a multi-fuel stove.
Additional insulation has been installed within the attic space, while the electrical wiring has been upgraded in recent years.
The property has also benefited from decoration and general upgrading over the last few years too.
As a result of its elevated position within the building, the apartment benefits from attractive views and an excellent level of natural light.
The combination of period character, generous accommodation, attractive garden grounds, parking and its scenic waterside setting makes this a particularly appealing property.
Number 4 Myrtle Park would be ideally suited to a range of buyers and could make an excellent first-time purchase, family holiday property or letting investment.
Given its attractive setting within Cove, together with the surrounding countryside, water views and accessibility to the wider Helensburgh and Argyll area, the property represents an excellent opportunity.
Cove is a particularly appealing village on the Rosneath Peninsula, where a peaceful waterside setting combines beautifully with convenient access to the wider Helensburgh and Argyll area.
For everyday essentials, the village is served by local shopping, including the Cove Country Store, while nearby Rosneath offers additional convenience shopping and postal services.
Kilcreggan also provides a useful selection of local amenities, including shops and a post office.
The surrounding peninsula is particularly attractive for those who enjoy the outdoors, with quiet roads, woodland, shoreline walks and far-reaching water views all forming part of the local lifestyle.
For motorists, the B833 provides the principal route around the Rosneath Peninsula, linking Cove with Kilcreggan, Rosneath and Garelochhead.
The A814 provides an important connection towards Helensburgh and the wider road network, making the property an attractive base for exploring the Clyde coast, Loch Lomond and Argyll.
Public transport is also available locally, with bus services connecting Cove and the surrounding peninsula towards Helensburgh.
Helensburgh Central railway station provides onward rail connections, including services towards Glasgow, making commuting and city access perfectly feasible.
For an additional change of scene, the Gourock–Kilcreggan ferry provides a particularly scenic foot-passenger link across the Clyde, with the current 2026 timetable operating between March and October before the winter timetable begins.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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Short-let licence or registration needed
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Archie refurb estimate: a Pro feature
0.0% below asking
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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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FAQ
About 4, Myrtle Park, Helensburgh
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