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Two-bedroom seafront investment apartment

Rothesay, PA20 - Get Access

2 bed 1 bath

Description

Town & Country Property Auctions present a prime Rothesay seafront investment opportunity featuring this two-bedroom apartment within the sought-after Glenfaulds development on Rothesay's iconic seafront. Positioned on prestigious Mountstuart Road, the property enjoys stunning coastal surroundings and benefits from strong demand from both long-term tenants and holidaymakers. Rothesay remains one of Scotland's most popular island destinations, attracting visitors year-round thanks to its waterfront setting, beaches, marina, golf courses, and excellent ferry links to the mainland. The property is currently tenanted at £470 PCM (£5,640 per annum), offering immediate income, with an estimated market rent of £600 PCM (£7,200 per annum). For investors seeking a holiday let strategy, projected Airbnb income is approximately £27,000 per annum, based on a 60% occupancy rate and £124 average daily rate subject to approval. Offered £15,000 below Home Report value, this represents an excellent opportunity to acquire a coastal investment property with strong income potential and long-term appeal.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
High confidence Floor Area Estimated: 650 sq ft

This two-bedroom period flat on Rothesay's seafront was valued by examining direct sales evidence from the exact same building on Mountstuart Road. The property features traditional proportions with high ceilings and large bay windows, though condition analysis indicates that cosmetic modernisation of the kitchen, bathroom, and decor is required. Floor area was estimated at 650 sq ft based on comparable layouts in the development.

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