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See how verdicts work2 × 2-bed flat · PA23 7SE
For saleReduced £6k (−14.3%) on 15 OctListed 98 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Prime new listing. We are excited to present this vacant one-bedroom flat, a superb development opportunity located within a prime location in Innellan Dunoon.
**Flat R1/1, Argyll Buildings, Shore Road, Innellan PA23 7TP sold for £80,000 in Nov 2022,8 Merkland Annexe, North Campbell Road, Dunoon PA23 7SE sold for £95,000 in May 2023** This property is currently vacant, presenting a unique opportunity for renovation.
Once fully refurbished, it could achieve a rental income of £550-£650 pcm (£6,600-£7,800 pa), offering an exceptional gross yield based on the guide price.
There is significant development potential with this property, as it could be enhanced by converting from a one-bedroom to a two-bedroom flat, subject to necessary permissions, making it an excellent prospect for investors or developers.
Nestled near a wealth of local amenities, the property is located close to charming restaurants and coffee shops.
It's also conveniently situated near schools, with easily accessible public transport links, adding immense value to the location. Prime new listing.
We are excited to present this vacant one-bedroom flat, a superb development opportunity located within a prime location in Innellan Dunoon.
The property comprises a cosy living room perfect for relaxation, a well-equipped kitchen ideal for culinary inspiration, a comfortable bedroom for restful nights, and a functional toilet.
This property is currently vacant, presenting a unique opportunity for renovation.
Once fully refurbished, it could achieve a rental income of £550-£650 pcm (£6,600-£7,800 pa), offering an exceptional gross yield based on the guide price.
There is significant development potential with this property, as it could be enhanced by converting from a one-bedroom to a two-bedroom flat, subject to necessary permissions, making it an excellent prospect for investors or developers.
Nestled near a wealth of local amenities, the property is located close to charming restaurants and coffee shops.
It's also conveniently situated near schools, with easily accessible public transport links, adding immense value to the location.
The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.
Excellent sales evidence in the area: **Flat R1/1, Argyll Buildings, Shore Road, Innellan PA23 7TP sold for £80,000 in Nov 2022,8 Merkland Annexe, North Campbell Road, Dunoon PA23 7SE sold for £95,000 in May 2023** This lot is open to immediate offers.
Should you wish to offer now, you can do so via our “Offer now” button on our website. This property is offered at a fantastic price to ensure an Auction sale.
The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.
For further details on how to have a bidding account created, please contact the team.
Location Innellan Dunoon is a quaint and picturesque town, known for its scenic coastal views and tranquil atmosphere.
It offers a charming lifestyle with an array of local shops, restaurants, and leisure activities, making it an attractive spot for both residents and tourists.
The area is well-connected by public transport, providing easy access to the surrounding regions
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
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 starting price
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 advisers 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
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FAQ
About 10B, North Campbell Road, Innellan Dunoon
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