2-bedroom flat · PA23 8LF
Listing removedReduced £5k (−5%) on 28 MayListed 219 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A ready-made investment opportunity located within the established coastal residential area of Dunoon, currently generating £600 PCM from reliable long-term tenants with no arrears history.
Situated on Marine Parade, PA23, the property benefits from a prominent position within a consistently active rental market popular with local tenants, commuters and those seeking affordable accommodation within easy reach of the town centre and waterfront.
Priced competitively due to seller motivation, the property offers investors immediate income alongside a projected gross yield of over 7%, with comparable rental properties in the local area currently achieving between £575–£750 PCM depending on size and condition, supporting future rental growth potential.
Marine Parade remains a well-established residential location within Dunoon, benefiting from convenient access to local amenities, supermarkets, schools and transport links including ferry services connecting to the wider Glasgow commuter network.
The area also continues to attract steady rental demand due to its coastal setting and affordability relative to larger Scottish towns.
The property is presented in low-maintenance condition with no major works required, making it an ideal hands-off addition to any investment portfolio.
Please note that any systems, appliances, or services shown in the marketing photographs have not been tested by us and will be subject to the fixtures and fittings agreement with the seller.
Once an offer is accepted, a deposit of £7,000 will be required to secure the property in accordance with our terms and conditions.
This deposit will be deducted from the final purchase price on completion. In addition, a non-refundable reservation fee of £600 (including VAT) will be payable.
This fee is separate from, and not deducted from, the purchase price. All cash buyers are required to indemnify searches and surveys in line with our terms and conditions.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
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 asking
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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
FAQ
About 9b Marine Parade Kirn, Dunoon, PA23
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