2-bedroom flat · PA17 5BA
For saleReduced £6k (−9.2%) on 8 SepListed 76 daysAuction 26 Nov · in 34 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two bedroom first floor flat Situated in the desirable coastal village Skelmorlie, North Ayrshire.
The property comprises an entrance hallway, spacious open plan lounge and kitchen, master bedroom with en suite shower room, second double bedroom with walk-in storage cupboard, and a three-piece bathroom.
The accommodation offers ample storage and private residents’ car park. The property would benefit from a degree of upgrading, offering an excellent opportunity for a renovation project.
Once brought up to a good standard, the property is estimated to rent for circa £700 per calendar month (£8400 per annum) based on comparable properties nearby.
Offered at an attractive price below the market value, this is an ideal investment for developers, landlords or downsizers. Viewing is recommended. Council Tax Band D.
Located in the popular seaside village of Skelmorlie, 1D Innes Park Road is well placed for a range of local amenities including a convenience store, primary school and community facilities.
A wider selection of shops, supermarkets, cafés and leisure amenities can be found in nearby Largs and Greenock.
The property benefits from excellent transport links, with Wemyss Bay railway station providing regular services to Glasgow, while the adjacent ferry terminal offers regular sailings to Rothesay on the Isle of Bute.
The A78 also provides easy access along the Ayrshire coast and towards Greenock and the M8 motorway.
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Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
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Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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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 1D, Innes Park Road, Skelmorlie
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