Property for Auction in Scotland - Flat 2, Ardencraig House, High Craigmore, Isle of Bute PA20 9EP

One bedroom ground floor apartment 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 E Local Authority Argyll and Bute Council Important Notice to Prospective Buyers: We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others. 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.