1-bedroom flat · KA28 0DL
Listing removedListed 87 days
Opportunity summary
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About
2L, 25 Glasgow Street, Millport KA28 0DL Price: Offers Over £90,000 Ideal first-time buy/holiday home/buy to let in prime location within the popular seaside side town of Millport on the Island of Cumbrae.
The property enjoys a shorefront location opposite the Crocodile Rock offering spectacular views spanning from Marine Parade to distant views of Portencross, Ailsa Craig and across to The Eileans, Wee Cumbrae and the Isle of Arran.
The property, set in a well maintained two storey tenement is a short walk from local services, The Garrison and Harbour.
The flat comprises generous living room with small, recessed area, a double bedroom, spacious dining kitchen and bathroom with overbath shower and newly installed vanity unit.
High ceilings and double-glazed windows throughout, affording plenty of light to flood through the property.
Properties with such views rarely come on the market and there is plenty of scope for conversion to form 2 bedrooms if preferred.
There is a shared WC in the top hallway and a well maintained and spacious communal garden/drying area and washhouse to the rear.
Step out of the close onto Glasgow Street and you are directly opposite Newton Beach and the Crocodile Rock. Viewing is highly recommended. EER Rating Band D. Council Tax Band B.
Hall - 3.73m x 2.62m (at widest and longest) (12'3" x 8'7 - Wooden door with upper glazed panels leads into the main hallway (L-shaped) giving access to all apartments.
Large overhead cupboard housing electrics. Electric storage heater. Mosaic tiled effect vinyl flooring.
Living Room - 6.25m x 3.51m (including recess) (20'6" x 11'6" (i - Generous sized room with recess (7’5’’ x 3’8’’).
Flooded with light from a large, double-glazed bay window offering uninterrupted sea views of Millport Bay and beyond, reaching from Marine Parade panning round to the Isle of Arran, and southerly views to The Eileans, Wee Cumbrae.
Portencross and Aisla Craig. Features include coving, high skirting board along with integrated glazed and illuminated display cabinet.
Side lights, picture light and display cabinet lighting managed via single switch at room entrance, on a 2Amp wired circuit. Fireplace currently housing electric heater. Solid wooden flooring.
Dining / Kitchen - 3.51m x 2.90m (11'6" x 9'6") - Generous, bright kitchen/dining room with large, double-glazed window overlooking rear garden with views towards the Cathedral of the Isles woodland.
A well proportioned kitchen housing ample upper and lower Hessian design units with wood effect worktops and wood splashback including double oven/grill, separate large ceramic hob, cream kitchen sink with wooden splashback and plenty of space for white goods.
New electric panel heater under window. Wood style effect vinyl flooring.
Bedroom - 4.45m x 2.79m (14'7" x 9'2") - Bright spacious double bedroom with large, double-glazed window overlooking well-maintained rear garden. Electric storage heater. Coving. Carpet.
Bathroom - 2.34m x 1.37m (7'8" x 4'6") - Freshly decorated bathroom comprises white vanity unit, WC, bath with overhead gravity fed shower and partial white tiled panel.
Newly fitted tiled effect vinyl flooring.
Toilet / Wc (On Landing) - 1.14m x 1.04m (3'9" x 3'5") - A further toilet is located on the upper communal landing which is shared equally with next door flat.
Gardens And Outbuildings - Well-maintained and generous sized communal rear gardens and large washhouse.
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.
Area
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FAQ
About 25, Glasgow Street, Millport
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