3-bedroom flat · PA20 9AA
For saleListed 28 daysAuction 28 Oct · in 6 days
Opportunity summary
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About
For sale by online auction on Wednesday 28th of October 2026 at 9AM - ***charming vacant three bedroom house in the heart of rothesay***offering comfortable living in A prime location***perfect for first time buyers, investors, or those seeking A tranquil retreat***high yield of 12% per annum based on guide price*** ***Welcome to 6 Store Lane, Rothesay, PA20 9AAa delightful three-bedroom house offering comfortable living in a prime location.
Situated in the picturesque town of Rothesay on the Isle of Bute, this property is perfect for first-time buyers, investors, or those seeking a tranquil retreat.*** ***property features*** *Three Spacious Bedrooms* - Ample room for relaxation and rest, with plenty of natural light.
* Bright Living Area* - A welcoming space ideal for entertaining or unwinding after a long day.
* Functional Kitchen* - Equipped with essential appliances and sufficient storage for all your culinary needs. * Family Bathroom* - Featuring fixtures and fittings for your convenience.
***rental income*** - Potential rental income of £500 per month (£6,000 per annum which represent a yield of 12% per annum based on guide price) as paid by previous tenant.
***location highlights*** - Central Rothesay: Enjoy easy access to local shops, cafes, and restaurants, all within walking distance.
- Transport Links: Close proximity to ferry services connecting to the mainland, making commuting straightforward.
- Scenic Surroundings: Experience the natural beauty of the Isle of Bute, with beaches, parks, and walking trails nearby.
***recent nearby residential property sales*** - 2 Glen Royal, Glenburn Road, Rothesay, Isle Of Bute, PA20 9JP - sold Dec'24 - £157,000 - 7 Grand Marine Court, Argyle Street, Rothesay, Isle Of Bute, PA20 0AX - sold Dec'24 - £155,000 - 3 Columshill Place, Rothesay, Isle Of Bute, PA20 0DL - sold Dec'24 - £102,000 Situated on the Isle of Bute, in the Firth of Clyde off the West Coast of Scotland, Bute is an area of outstanding natural beauty, and is the most accessible of all the Scottish Islands.
There are two regular ferry services to the island from Wemyss Bay, near to Glasgow, and from Colintraive on the Argyll peninsula. Bute can be an activity based experience if you desire.
Diving, walking, swimming, cycling, fishing, shooting, sailing and golf are amongst the activities on offer.
It has also seen an explosion of quirky eateries, including an American diner with live entertainment, an authentic Italian, a French Moroccan bistro as well as traditional Inns offering Scottish fare.
The island has also seen a wealth of new niche businesses in recent years.
Bute hosts many festivals through out the year such as the highland games, jazz festival, Bute Noir book festival, lgbt pride march, classic car rallies and Bute Song to name a few.
Bute has seen a surge in recent years of folks looking for a lifestyle change by relocating to the Island and travelling to the mainland for work.
Excellent broadband access also means working from home on the Island is possible.
Guide price - £60,000 To view legal documents for all properties, and to register for our online auctions please visit our website. Purchases are subject to a Buyer's Premium.
There may also be additional fees on certain properties. Please refer to the Articles of Roup / Special Conditions in the Legal pack to confirm.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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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