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See how verdicts work3-bedroom detached house · PA34 5UG
For saleListed 53 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Argyll Cottage is an attractive three-bedroom detached cottage situated on the beautiful Isle of Lismore, offering a rare opportunity to acquire a characterful island home surrounded by the outstanding natural beauty of the Scottish west coast.
The property combines the appeal of traditional cottage living with the tranquillity and privacy of island life.
Set within a peaceful rural environment, Argyll Cottage provides an ideal retreat for those seeking a slower pace of life, while also offering excellent potential as a permanent residence, holiday home or lifestyle property.
The three-bedroom accommodation provides comfortable and versatile living space, making the cottage suitable for a range of buyers.
Its detached nature, attractive setting and location on Lismore are likely to appeal particularly to purchasers looking for peace, outdoor space and a genuine connection with the countryside.
Accommodation Entrance Hall A welcoming entrance hall provides access to the principal ground-floor accommodation, with stairs rising to the first floor.
Living Room A generous and characterful reception room, offering a comfortable space for relaxing and enjoying views towards the surrounding countryside.
The room provides ample space for a range of furniture and has a pleasant connection with the adjoining dining area.
Dining Room A well-proportioned central dining room, providing an ideal space for family meals and entertaining.
The room connects conveniently with the kitchen and living room, creating a sociable flow through the ground floor. Kitchen A well-sized kitchen with a practical layout and good natural light.
There is ample room for a range of fitted units and appliances, with access leading through to the sunroom.
Sunroom A particularly appealing additional reception space, the sunroom provides a bright and versatile area which could be used as a sitting room, reading room or informal dining space.
Its position makes it an ideal place from which to enjoy the peaceful surroundings. Bedroom One A spacious ground-floor double bedroom, offering flexibility for family or guest accommodation.
Its generous proportions also make it suitable for those seeking the convenience of a bedroom on the main living level.
Bathroom A well-proportioned family bathroom, conveniently positioned on the ground floor and serving the principal accommodation.
First Floor Landing The staircase rises to a first-floor landing providing access to two further bedrooms.
Bedroom Two A well-proportioned double bedroom with plenty of space for bedroom furniture, offering a comfortable and private retreat.
Bedroom Three A further generously sized bedroom, suitable as a double bedroom, guest room or home office depending on the purchaser's requirements.
Attic Room The property benefits from an attic room currently used as a workshop. The room is accessed via a loft hatch located outside the bedroom/bathroom, with access provided by a ladder.
Summary of Accommodation Argyll Cottage provides approximately 105.8 sq m (1,138 sq ft) of versatile accommodation arranged over two floors.
The layout combines three bedrooms, a spacious living room, separate dining room, kitchen, attractive sunroom and family bathroom, providing comfortable accommodation for either permanent occupation or use as an island retreat.
The combination of well-proportioned rooms, flexible accommodation and the unique setting of the Isle of Lismore gives Argyll Cottage considerable lifestyle appeal.
The Isle of Lismore is renowned for its spectacular landscapes, coastal scenery, wildlife and strong sense of community.
The island offers a unique lifestyle, with opportunities for walking, cycling, boating, fishing and exploring the surrounding coastline and countryside.
Despite its peaceful and secluded character, Lismore is within reach of the mainland and the wider attractions of Argyll and the west coast.
Three-bedroom detached cottage Peaceful island location on the Isle of Lismore Characterful rural property Attractive opportunity as a permanent home, holiday property or second home Excellent access to the island's countryside, coastline and outdoor pursuits Exceptional lifestyle appeal in one of Scotland's most scenic areas Argyll Cottage represents a wonderful opportunity to purchase a detached three-bedroom home in a truly special island location.
Offering peace, character and the unique lifestyle associated with the Isle of Lismore, the property is an appealing proposition for anyone looking to escape the pressures of modern life and enjoy the natural beauty of Scotland's west coast.
The Isle of Lismore benefits from regular ferry connections to the mainland, making the island readily accessible while retaining its peaceful and unspoilt character.
CalMac operates a regular vehicle and passenger ferry service between Oban and Lismore, with a crossing time of approximately 55 minutes.
The service operates throughout the year, with multiple sailings available during the summer timetable. Vehicle spaces can be reserved in advance and pre-booking is strongly recommended.
For those travelling on foot, the Port Appin to Lismore ferry provides a convenient passenger-only link across the narrows to the north of the island.
Operated by Argyll and Bute Council, this is a regular turn-up-and-go service, with frequent sailings and a crossing time of approximately 10 minutes Together, these services provide convenient connections to the mainland for residents and visitors, while allowing Lismore to retain the tranquillity, community spirit and distinctive lifestyle of an island setting.
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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