2 bed flat

The property for sale is a two-bedroom apartment located at Flat 1B Glenfaulds, 10 Mountstuart Road, Rothesay, Isle of Bute. It has a prime seafront location with stunning coastal surroundings and benefits from strong demand from both long-term tenants and holidaymakers. The property is currently tenanted at £470 per month, offering immediate income, with an estimated market rent of £600 per month. The property has £27,000 per annum projected Airbnb income, based on a 60% occupancy rate and £124 average nightly rate. The property is at a guide price of £100,000, which is £15,000 below its Home Report value of £115,000.