2 × 2-bed flat · KA28 0BE
For saleListed 8 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
2 George Street, First Floor Main Door, Millport, KA28 0BE, Isle of Cumbrae Price: Offers Around £65000 Competitively priced and ideally located, minutes from Garrison House, Newton Beach and the Town Centre and Amenities this large main door first floor flat offers a diy opportunity with possible reconfiguration to create a two bedroom flat (subject to permissions etc.) resulting in a spacious home/holiday home/buy to let.
The property comprises entrance porch, hallway, large lounge with original cornice fronting George Street, large dining kitchen, bedroom, shower room and separate toilet.
The property would benefit from some upgrading, reflected in the price, but well worth viewing. EPC Band F. Council Tax Band A.
The seaside Town of Millport is just a 10-minute ferry journey from Largs and offers a variety of local services including Primary School, Health Centre, Cottage Hospital, golf course, bowling green.
Glasgow is around an hour away and there are regular public transport connections available from Largs to Glasgow, Ayr, Paisley and the West of Scotland.
Competitively priced and ideally located, minutes from Garrison House, Newton Beach and the Town Centre and Amenities this large main door first floor flat offers a diy opportunity with possible reconfiguration to create a two bedroom flat (subject to permissions etc.) resulting in a spacious home/holiday home/buy to let.
The property comprises entrance porch, hallway, large lounge with original cornice, large dining kitchen both fronting George Street, bedroom, shower room and separate toilet.
The property would benefit from some upgrading, reflected in the price, but well worth viewing. EPC Band F. Council Tax Band A.
Entrance Porch (0.99m x 1.27m (3'3 x 4'2)) Entered via rear stairway to double glazed upvc door to internal hallway. Hall (2.90m x 2.49m (9'6 x 8'2)) Access to all apartments. Carpet.
Wall mounted radiator. Lounge (4.65m x 3.12m (15'3 x 10'3)) Large lounge with double glazed windows to front on to George Street, views to hillside and Cathedral Spire and Lady Margaret Hospital.
Fireplace with electric fire. Carpet. Storage cupboard and shelving. Dining Kitchen (5.66m x 2.69m (18'7 x 8'10)) Kitchen area with floor and wall units. Double glazed window to George Street.
Dining recess with large roof Velux. Carpet. Shower Room (1.55m x 1.17m (5'1 x 3'10)) Shower cabinet and shower. Pedestal wash hand basin. Toilet (0.89m x 1.02m (2'11 x 3'4)) Toilet containing w.c.
And wash hand basin. Small double-glazed window. Mirrored vanity unit. Bedroom (3.35m x 1.80m (11 x 5'11)) Located off the kitchen with double glazed window to front. Fitted mirrored wardrobe.
Gardens There are large communal gardens to the rear shared with downstairs property. Understairs cellar.
The seaside Town of Millport is just a 10-minute ferry journey from Largs and offers a variety of local services including Primary School, Health Centre, Cottage Hospital, golf course, bowling green.
Glasgow is around an hour away and there are regular public transport connections available from Largs to Glasgow, Ayr, Paisley and the West of Scotland.
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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About 2, George Street, Millport, Isle Of Cumbrae
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