3-bedroom flat · KA28 0ER
Under offerListed 32 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This traditional first floor apartment in a striking sandstone fronted block with partial sea views, 6A Miller Street is ideally placed for ease of access to all of Millport's amenities.
Millport is the principal town on the Isle of Cumbrae, offering a good range of local shops, cafes, restaurants and everyday amenities, together with the attractive seafront promenade and beach.
The island is well known for its relaxed coastal setting, scenic countryside and excellent opportunities for walking and cycling, with regular ferry services providing easy access to the mainland.
The property is presented in immaculate internal and external condition and offers accommodation to include reception hall, lounge/dining room, modern kitchen, three bedrooms and a three piece shower room.
There are also communal gardens and a drying green to the rear.
In more detail, the property is entered through a well maintained communal entrance hallway, giving access to the inner reception hall, which includes a large storage cupboard.
The bright and spacious lounge/dining room enjoys partial sea views and features attractive wall panelling.
The modern kitchen is fitted with a range of wall and base mounted units and a free standing range cooker with ceramic hob and overhead extractor which is included in the sale.
The kitchen is also plumbed for a washing machine. There are three well proportioned bedrooms, each with free standing wardrobe storage, which is included in the sale.
The third bedroom could readily be utilised as a home office or study, if required.
The modern shower room is fitted with a three piece suite comprising walk in shower cubicle with electric shower, WC and wash hand basin with vanity unit beneath.
In addition to the above, the property benefits from double glazing and electric heating throughout.
There are well maintained communal gardens and a drying green to the rear of the development, together with access to a storage shed.
Lounge 3.37m x 4.63m Kitchen 3.89m x 4.38m Bedroom 1 3.24m x 3.49m Bedroom 2 2.88m x 3.24m Bedroom 3 2.18m x 3.49m Shower Room 1.53m x 2.06m
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
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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 6a, Miller Street, Isle Of Cumbrae, KA28 0ER
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