Initial price	£50,000
10/10/24	£46,000
19/10/24	£41,000
10/12/24	£37,000
Price Change	-26.00%

This spacious one-bedroom ground floor apartment is located in the converted B-listed Ardencraig House on the outskirts of Rothesay, Isle of Bute. While the property requires immediate remedial work and a full programme of refurbishment, it offers a great opportunity to add value for long-term rental or holiday home/rental. The property has a prime coastal location, approximately two miles from Rothesay town centre, and is well-served by local amenities and educational facilities. The current condition of the property is reflected in its E energy efficiency rating, and Council Tax Band B. With estimated annual income of £5385 from long-term rental and potentially greater income from holiday rental, this property presents an exciting opportunity for investors or those looking to create a holiday home. Early viewing is essential to appreciate the full scale of the opportunity on offer.