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1 bedroom flat for sale
Flat 2, Ardencraig House, High Craigmore, Rothesay, Isle of Bute
£41,000
Flat 2, Ardencraig House, High Craigmore, Rothesay, Isle of Bute
£41,000
Price History
Initial price | £50,000 |
10/10/24 | £46,000 |
19/10/24 | £41,000 |
Price Change | -18.00% |
Description
This one-bedroom ground floor apartment is part of the converted B-listed Ardencraig House on the outskirts of Rothesay, Isle of Bute. The property requires immediate remedial work and a full refurbishment, offering a great opportunity to add value for long-term rental or holiday home/rental. The apartment is situated in a prime coastal location, approximately two miles from Rothesay town centre, which has a vibrant local community and is a popular holiday destination. The property has the potential to generate an annual income of £5385 through long-term rental, with holiday rental potentially producing greater levels of income. However, it's essential to note that the property requires significant work, and potential buyers should be aware that no tests have been made of the services, equipment, or fittings, and no warranty is given or implied as to the condition of the buildings, services, fixtures, and fittings.