2-bedroom flat · PA20 9AB
For saleReduced £38k (−34.5%) on 14 SepListed 117 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Old Courthouse is a recently upgraded, low maintenance by design apartment, located within The Old Courthouse building within the centre of Rothesay.
The accommodation which is light and bright is beautifully presented and laid out on the level.
The original period features of the building have been beautifully maintained and with a modern and contemporary finish which offers an exciting and unique opportunity for those looking for principal living or as a home away from home accommodation.
The apartment comprises, reception hallway leading to all rooms. Large lounge/dining room with traditional feature window formation, access to the modern fitted kitchen.
There is a large walk-in storage cupboard housing the central heating and hot water system.
Both bedrooms are double in size and have bright duel aspect window formations, fitted wardrobe storage again offered in both rooms. The three piece bathroom completes the internal space.
This property has a private attic space which is partially floored for storage.
The property is further enhanced by double glazed traditional style sash and case windows, electric 'wet' central heating system also heating the domestic hot water.
The building has a lift service providing access to all floors and the communal courtyard has a selection of bin storage, and drying areas, all well maintaind by residents and factors.
There are three communal door entry locations, restricting access into the building. A residents private car park is located to the side of the property.
The Old Courthouse is situated within the heart of Rothesay and enjoys easy access to all local amenities which lie on its doorstep.
The Rothesay Bay waterscape is always lively with the coming and going of the Caledonian Macbrayne Ferry service to and from Wemyss Bay as well as the movement of pleasure boats and sailing yachts as they venture through the famous and highly scenic Kyles of Bute.Rothesay town has thriving shopping, leisure and educational facilities including a larger sized Co-op.
Caledonian MacBrayne operates a frequent ferry service to Wemyss Bay, which has direct rail links to Glasgow.
A second ferry service runs between Rhubodach on the north of Bute to Colintraive giving access to Argyll and the West Highlands.The two nearest airports are Glasgow and Prestwick, which are approximately 40 and 55 minutes’ drive respectively from Wemyss Bay.Rothesay has an 18 hole golf course, from most of which there are outstanding views of the Firth of Clyde and Arran.
Smaller courses are at Port Bannatyne and Kingarth. Bute is an area of significant natural beauty and mild climate, with many opportunities for coastal and hill walking and mountain biking.
Fresh water and sea fishing are available, and there are shooting and stalking opportunities.
The island has its own grass airstrip for light aircraft and microlights.The area is well known for its sailing on the Kyles of Bute, which is a National Scenic Area.
Tighnabruaich and Colintraive to the north, and the Crinan Canal and Tarbert to the West, are centres of lively sailing activity throughout the season.
There are marinas, chandlery services and sheltered moorings in Rothesay and Port Bannatyne.
EPC band; DCouncil tax; band BThe home report for this property can be accessed from the buyers section of the Yopa website and is available to download 24/7 without requestThe Yopa agent for this property is David Fisher and his contact details can be found on the Yopa website or his Facebook page, David Fisher - Estate AgentViewing can be arranged by contacting the agent or requesting a time from the property advert on the Yopa website.
Disclaimer Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact.
All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
Please inform us if you become aware of any information being inaccurate.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
Agent & docs
.png)
FAQ
About Flat 16, The Old Courthouse, Watergate, Isle Of Bute
Explore nearby