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See how verdicts work1-bedroom flat · KA28 0ER
Sold STCListed 102 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
2 Miller Street (Ground Right), Millport KA28 0ER, Isle of Cumbrae Price: Offers Over £60,000 Opportunity to acquire a competitively priced holiday home/holiday let in quiet locale minutes from Millport Quayhead, Harbour, seafront and Town.
Situated within a two storey and attic tenement property this bright, ground floor flat comprises hall, generous size front living room, bathroom with overhead shower, spacious rear apartment with double glazed window overlooking back courtyard offers renewed kitchenette, recessed fitted double bed, ample sitting and dining space.
Communal rear courtyard and washhouse. The property was reroofed a couple of years with some repointing works done and guttering.
This bright ground floor flat, close to Town and amenities forms an ideal holiday hideaway/holiday let and currently has a healthy Air BnB market and is worth while viewing.
Council Tax: Band A EER Rating: Band E 2 Miller Street (Ground Right), Millport KA28 0ER, Isle of Cumbrae Price: Offers Over £60,000 Opportunity to acquire a competitively priced holiday home/holiday let in quiet locale minutes from Millport Quayhead, Harbour, seafront and Town.
Situated within a two storey and attic tenement property this bright, ground floor flat comprises hall, generous sized front living room, bathroom with overhead shower, spacious rear apartment with double glazed window overlooking back courtyard offers renewed kitchenette, recessed fitted double bed, ample sitting and dining space.
Communal rear courtyard and washhouse. The property was reroofed a couple of years with some repointing works done and guttering.
This bright ground floor flat, close to Town and amenities forms an ideal holiday hideaway/holiday let and currently has a healthy Air BnB market and is worth while viewing.
Council Tax: Band A EER Rating: Band E Entrance Common entrance via white UPVC door. Hall (2.06m x 1.12m (6'9" x 3'8")) Access all rooms. Laminate flooring. Electrics.
Livingroom (4.65m x 3.15m (15'3" x 10'4")) Bright, spacious room with two large double glazed windows to front offering a glimpse of the sea. Attractive fire surround with electric fire. Carpet.
Cupboard. High ceilings, coving and ceiling cornice.
Rear Apartment (4.04m x 4.19m (13'3" x 13'9")) This generous sized room offers newly refitted recessed kitchenette incorporating floor and wall units, hob, oven and hood, white “butcher” style splashback tiling.
Further recessed area contains a double bed with overhead storage and wall shelving. Ample space for sitting/dining. Cupboard. Large double glazed window overlooking rear courtyard. Laminate flooring.
Bathroom (1.60m x 1.57m (5'3" x 5'2")) White three piece suite comprising WC, wash hand basin, bath with overhead shower. Tiling around bath area. Vinyl flooring.
Garden & Outbuildings Communal courtyard and washhouse The Isle of Cumbrae has all necessary amenities including Primary School, Health Centre, Cottage Hospital, the attractive Garrison House containing Health Centre, Council Offices, Library, Golf Course, Bowling Green.
Millport is a 10 minute ferry journey from Largs and within easy reach of Glasgow and Prestwick Airports.
There are good train and bus services from Largs, and on Cumbrae an excellent local bus service connects the ferry terminal to the town of Millport, only 4 miles away.
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
We're still gathering serviced-accommodation data for this area.
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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About 2, Miller Street, Millport
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