One bedroom ground floor apartment

New to auction is this spacious one bedroom ground floor apartment, forming part of the converted B-listed Ardencraig House on the outskirts of Rothesay, Isle of Bute. The accommodation comprises lounge, kitchen, bedroom and bathroom. An amount of immediate remedial work is required, as well as a full programme of refurbishment, which offers a great opportunity to add value for long term rental or holiday home/rental. On completion of works, LHA figures suggest annual income of £5385 p.a. could be available, with holiday rental potentially producing greater levels of income. Early viewing is essential to appreciate the full scale of opportunity on offer. Council Tax Band: B. EPC E.

Tenure

Freehold

Area

Ardencraig House enjoys prime coastal location, approximately two miles from Rothesay town centre. Rothesay is the principal town on the Isle of Bute and enjoys a vibrant local community as well as being continually popular as a holiday destination with the regular ferry access making connections with Glasgow and further afield quick and easy. Rothesay offers a wide range of leisure and retail facilities as well as being well served by educational facilities.

Energy Efficiency Rating (EPC)

Current Rating C

Local Authority

Argyll and Bute Council

Additional Fees

Administration Charge - 3.6% inc VAT of the purchase price, subject to a minimum of £3600 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.