Rare Development Opportunity

We are excited to present this excellent residential development opportunity in Lochgoilhead *** Home Report : £120,000 *** 8, Donich View, Lochgoilhead, Cairndow, PA24 8AP previously sold for £122,500 in 2007, 1 Ben Arthur Place, Lochgoilhead, Cairndow, PA24 8AA previously sold for £200,000 in 2023 Once renovated and if used as a serviced accommodation, the property could achieve £3,528 PCM / £42,340 which could give the property an outstanding gross yield based on the guide (Subject to gaining necessary planning consents) Sure to appeal to a variety of buyers/investors looking for a great capital growth opportunity or a family looking for their dream home that they can add their own stamp on! Property is located on a quiet street close to local amenities. Great BUY TO LET or FLIP opportunity for a Keen Investor/Developer Prime New Entry : Excellent residential opportunity in Lochgoilhead  *** Home Report : £120,000 ***

Property Comprises:  : Three Bedrooms,, Hallway, Lounge, Breakfasting Kitchen, Wet Room, Ample storage space

The local area has shown some great sales evidence showing there is strong demand:

*** 8, Donich View, Lochgoilhead, Cairndow, PA24 8AP previously sold for £122,500 in 2007, 1 Ben Arthur Place, Lochgoilhead, Cairndow, PA24 8AA previously sold for £200,000 in 2023 *** Potentially excellent opportunity for serviced accommodation, with rates for 3 bed properties in the area starting from around £145 per night (subject to gaining necessary planning consents) At 80% occupancy per month, unit could achieve £3,528 PCM (£42,340 P/A) which could generate an incredible gross yield if secured at the guide price Sure to appeal to homeowners looking for a fantastic new home or to shrewd investors looking for a BRRR project in a sought after location.

Property is located near a whole host of local amenities including restaurants and coffee shops, close to schools with public transport easily accessible nearby. Once renovated the property would make an ideal family home or SA unit.

This property is offered at a fantastic discounted price to ensure an Auction sale. The property will feature in our upcoming timed online auction.

To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.

Location:

5 Donich View is situated in the picturesque village of Lochgoilhead, located within the Cairndow area of Argyll and Bute, Scotland. Nestled amidst the stunning backdrop of the Loch Lomond and The Trossachs National Park, this property benefits from breathtaking views of the surrounding hills and the tranquil waters of Loch Goil. The village of Lochgoilhead offers a serene, rural lifestyle with a close-knit community atmosphere. Local amenities include a shop, café, and pub, providing essential services and a welcoming environment for residents and visitors alike. The area is particularly popular for outdoor activities, including hiking, cycling, and water sports, making it an ideal location for nature enthusiasts and those seeking adventure.Accessibility is facilitated by the A815 road, which connects the village to larger towns and cities such as Dunoon and Oban. This makes Donich View a suitable residence for those looking to enjoy both the peace of rural living and the conveniences of nearby urban areas.