2-bedroom flat · KA28 0EE
Listing removedListed 229 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Description Glenfruin, 24 Marine Parade is a delightful traditional first floor apartment located on the picturesque Isle of Cumbrae.
Millport is the main village with many local amenities just a short distance from the property. Those looking for island life with the mainland not far away then Millport is then ideal location.
The wonderful accommodation on offer extends to the entrance vestibule which gives access to the welcoming reception hallway, fabulous lounge with bay window and stunning open views out over the bay to Millport and beyond, great sized kitchen which is set to the rear of the property, two double bedrooms and modern shower room.
The property is fully double glazed and is heated by individual stand-alone heaters , also a large storage cupboard in hallway.
There is an area of private garden grounds along with drying green at the rear and a large shared lawn at the front.
A small private storage shed and a communal storage shed for bikes etc., in the back garden. Early viewing is highly recommended to appreciate the accommodation and location on offer.
Council Tax Band E Local Area Millport is a seaside town on the Island of Cumbrae and is a 10 minute Ferry ride from Largs Pier.
It has its own primary school, health centre and a cottage hospital, golf course, library and bowling green together with a range of shops and restaurant/cafes and amenities.
Largs is well served for connections via train and bus to Glasgow and beyond
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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FAQ
About ‘Glenfruin’ 24 Marine Parade, Millport, KA28 0EE
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