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Dunoon, Argyll, Scotland

a large 6 bedroom, 3 reception room house with potential for conversion into apartments or use as an HMO with water views.

There is also land to the side which could provide building land for further properties.

16.6% discount for a quick completion.

 

Discount price
£250,000
Property Price
£300,000
Instant Discount
£50,000
Conversion potential
Yes
Plot potential

Yes

Unit type
6 bedroom 3 reception room house

Property details
 

There is so much information to pack into the details of this property it is difficult to know where to start. The property is available with this discount as the vendor was recently been let down by a builder who wished to buy the property.

This is a huge 6 bedroom, 3 reception room semi detached house with fantastic water views as you can see from the picture below. It also has 2 kitchens! Yes two kitchens although we haven't asked the owner why.

The property attached to this has been converted into apartments a few years ago, so it looks like a planning precedence has been set if the new owner wished to do the same.

The property also benefits from a piece of land to the side which the owner believes has the potential subject to planning to build two further houses.

The views from the property are fantastic as you can see from the main picture.

This property has so much potential for the adventurous investor.

Property deal

Market price £300,000

Purchase Price £250,000

Instant Equity £50,000

Potential rent as an HMO based on 7 rooms £1820 per month

Further Property details

Type of property: Semi-detached house

Type of tenure: Freehold

No. of bedrooms: 6+

No. of reception rooms: 3

No. of bathrooms: 3

Garage: Yes

Off-street parking: Yes

Condition of property: Reasonable

Does property need...


A new kitchen: No-Replaced 2003

A new bathroom: No-Replaced 2005

A new heating system: No-Done 2006

Re-wiring: No

Re-plumbing: No

Re-decorating: No

New windows: Yes Single glazed

New flooring: No

Any other comments: New backdoor required/repaired


The information above has been supplied by the vendor. A buyer would need to satisfy themselves that this information is correct.

10 year price table
The table below shows how the property purchased at a net price of £135,995 could grow over the next 10 years at 2%, 5% and 8%
%
Yr1
Yr2
Yr3
Yr4
Yr5
Yr6
Yr7
Yr8
Yr9
Yr10
Potential growth
2%
£138,714
£141,489
£144,318
£147,205
£150,149
£153,152
£156,215
£159,399
£162,526
£165,777
£50,181
5%
£142,794
£149,934
£157,431
£165,302
£173,567
£182,246
£191,358
£200,926
£210,972
£221,521
£105,925
8%
£146,874
£158,624
£171,314
£185,019
£199,821
£215,806
£233,071
£251,717
£271,854
£293,603
£178,007

Prices can go up as well as down

Call us now on the sales reservation line for further details
Tel 07887 512597


or

click on the call back request link below and we will call you

Call back request

Disclaimer  
The details contained in this brochure are for guidance only. Any photographs, illustrations, plans and sizes, only give a general indication of the proposed development. The developer operates a policy of continuous development and features, specifications and external treatments may vary. The developer reserves the right to alter any part of the development.
Particulars described in this brochure should not be relied upon as accurately describing any specific matters. Tables, projections and profit forecasts, are provided for illustrative purposes only. Property values and assumed rentals can decrease as well as increase. No express or implied income claims are made herein. Neither Pinnacle Property Association/Pinnacle Property Link Ltd nor any of its partners, directors,
e employees or representatives will be liable for damages arising out of or in connection with the use of information provided in this document.


 
 
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