** sale by auction - 15 May 2020 **
Timed Online Auction .
Large 3 bedroom flat located in the popular town of Rothesay on the stunning Isle of Bute in the Firth of Clyde off the West Coast. Comprises; Entrance Hallway, Bright Spacious Lounge, 3 good sized bedrooms, Kitchen with a mix of floor and wall mounted units and three piece family bathroom. Rothesay is the main town on the Island of Bute and for many years has remained as a popular tourist destination. The main ferry terminal & amenities are found just a short walk from the property. Realistic rental potential of £650pcm (£7,800 per annum) 11% Yield at current guide price. High demand rental location close to a number of local amenities, tourist attractions, town centre and ferry terminal. Similar airbnb properties let for £200 per night in popular holiday resort close to ferry terminal. Local Sales Evidence; 15 St Johns Drive, Rothesay, PA20 9JB previously sold for £88,000 in Jan 2020*** 2 John Street, Rothesay, PA20 0HA previously sold for £78,000 in Dec 2019*** Ideally Located within the Island Town of Rothesay on the Picturesque Isle of Bute. Access to All Local Amenities & Excellent Transport Links, Rothesay has a Regular Ferry Service to Weymss Bay.
Rothesay is one of Scotland's premier seaside resorts, developed primarily during the second half of the 19th and early 20th centuries, and incorporates an earlier medieval settlement. The town retains a wide range of buildings characteristic of its development as a high status 19th century holiday resort, including a range of fine villas, a Victorian pier and promenade. Super spot near to local amenities including clydesdale bank, bute museum, Co-op supermarket, Rothesay Golf Course and Royal Mail Post Office. The Isle of Bute lies on the West side of the Firth of Clyde. It’s capital, Rothesay, is served by a regular ferry service from Wemyss Bay from where there are train services to Greenock and Glasgow Central station.
Auction Details
15 May 2020,9am-5pm
Timed Online Auction,
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