3-bedroom flat · PA34 4TX
For saleListed 255 days
Opportunity summary
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About
An exciting opportunity to acquire a beautifully presented three-bedroom apartment, located on the picturesque Isle of Luing and benefitting from far-reaching views across to the islands of Lunga and Scarba.
Situated in a wonderful coastal location on the fringe of the picturesque village of Cullipool, 1 Cluain offers buyers an opportunity to acquire a beautifully presented three-bedroom apartment (formally two seperate flats), benefitting from far-reaching views across to the islands of Lunga and Scarba.
An abundance of wildlife can be seen from the property including sea eagles, otters, seals, deer and black grouse.
The property is entered from the front elevation, with the main entrance door leading into a communal porch, providing access to Flat's 1 and 2.
The main door to 1 Cluain leads into a spacious central hallway.
To the left, a family lounge is located to the front of the property, flooded with natural daylight thanks to the south-facing bay window.
A multi-fuel stove is positioned within a decorative fire surround, offering warmth and comfort in equal measure.
A family kitchen is positioned adjacent to the lounge, fitted with a range of crisp, white-coloured cabinets, complimented by a contrasting wood-effect worktop.
The layout allows space for a freestanding electric cooker, fridge/freezer, and dishwasher.
Also accessed from the hallway, a family bathroom and two double bedrooms offer guest accommodation, one of which enjoys a front-facing aspect and the other, built-in wardrobes.
The design of the flat allows for the front area to be separated off, with potential for holiday lets.
A glazed door gives access to the rear of the property where the accommodation extends to a second family area.
An open living space combines lounge and kitchen areas, a comfortable space, warmed through by a second multi-fuel stove.
A doorway leads from the kitchen to give access to a small courtyard, located to the rear of the property.
The staircase leads up to an upper floor bedroom, a generously proportioned room, benefitting from sizable built-in wardrobes. The room also benefits from the addition of an en-suite bathroom.
1 Cluain offers flexibility of accommodation seldom seen in coastal properties.
The property benefits from shared, communal gardens to the front and rear, with the front large, mainly lawned garden, bordered by a traditional slate wall.
A shared driveway gives access to a communal parking area to the rear of the house. The rear private courtyard is sheltered, ideal for the storage of small watercraft.
Two small sheds offer secure storage, as required.
In addition to the garden areas, the property owns a share in the foreshore area to the front, a wonderful stretch of land which gives direct access to the water.
A slipway is located on the foreshore, ideal for launching small boats, dingy or kayaks.
It is understood that a mooring is also included with the sale, a sheltered deep water mooring for a larger craft which is visible from the property.
Lying to the South of Oban, the Inner Hebridean island of Luing is one of the famous slate islands on Argyll’s scenic west coast.
The island offers excellent opportunities for walking, sailing and fishing and is a haven for wildlife.
With a population of approximately 180, it is one of the most accessible of all the Western Isles.
The ferry service operates every 30 minutes, taking less than five minutes, connecting Luing to Seil and the mainland.
Luing benefits from a range of amenities including a local shop, post office, primary school and church.
The Atlantic Islands Centre provides a community hub for the people of Luing and an exciting heritage, arts and coffee shop/restaurant visitor attraction.
A trained team of first responders are on call to respond to any medical emergencies on the island with Easdale’s Medical Practice, approximately 7 miles away, open Monday to Friday.
The main local centre is Oban, approximately 16 miles to the north, where secondary schooling is available.
It is an extremely attractive and popular tourist destination with a good range of retail outlets, professional services, a leisure centre, cinema and hospital.
The town is home to the principal Caledonian MacBrayne ferry terminal which offers regular services to the Inner and Outer Hebrides.
The town’s railway station sees trains operate several times a day to Glasgow and beyond.
Lying to the South of Oban, the Inner Hebridean island of Luing is one of the famous slate islands on Argyll’s scenic west coast.
The island offers excellent opportunities for walking, sailing and fishing and is a haven for wildlife.
With a population of approximately 180, it is one of the most accessible of all the Western Isles.
The ferry service operates every 30 minutes, taking less than five minutes, connecting Luing to Seil and the mainland.
Luing benefits from a range of amenities including a local shop, post office and church.
The Atlantic Islands Centre provides a community hub for the people of Luing and an exciting heritage, arts and coffee shop/restaurant visitor attraction.
A trained team of first responders are on call to respond to any medical emergencies on the island with Easdale’s Medical Practice, approximately 7 miles away, open Monday to Friday.
The main local centre is Oban, approximately 16 miles to the north, where secondary schooling is available.
It is an extremely attractive and popular tourist destination with a good range of retail outlets, professional services, a leisure centre, cinema and hospital.
The town is home to the principal Caledonian MacBrayne ferry terminal which offers regular services to the Inner and Outer Hebrides.
The town’s railway station sees trains operate several times a day to Glasgow and beyond.
Specifications include mains electricity, mains water, private drainage, heating by multifuel stoves and electric storage heaters, electric immersion heater, BT phone and Internet connectivity.
The property benefits from shared, communal gardens to the front and rear, with the front garden mainly laid to lawn.
A shared driveway gives access to a communal parking area to the rear of the house. The rear gardens are sheltered, ideal for the storage of small watercraft.
Two small sheds offer secure storage, as required.
In addition to the garden areas, the property owns a share in the foreshore area to the front, a wonderful stretch of land which gives direct access to the water.
A slipway is located on the foreshore, ideal for launching small boats and kayaks.
It is understood that a mooring is also included with the sale, further details of which are available from the selling agent. The property is located on the Island of Luing.
From Oban, take the A816 Soroba Road towards Campbeltown. After approximately 7 miles, turn right onto the B844, signposted to Easdale, Balvicar and Atlantic Bridge.
At the village of Balvicar, stay left onto the B8033, signposted to Luing and follow the road for 1.7 miles, arriving at the ferry terminal.
Upon disembarking the ferry at Luing, Follow the island road for approximately 2 miles, before taking the right-turn towards Cullipool.
The property is located on the right-hand side, just before entering the village, marked by clear signage. Fixtures and Fittings to be included in this sale by express agreement.
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 1 Cluain, Cullipool, Isle Of Luing, Argyll and Bute, PA34
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