Flat for sale in Queens View, 9B Marine Parade, Kirn, Dunoon PA23

£119,000
Flat for sale - 2 bedrooms 2 2 1
Interested in this property? Call +44 161 506 9203 * or Request Details

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Property description

Tenanted investment property - not suitable for owner-occupiers

We are pleased to present this unique waterfront two-bedroom apartment in the period conversion known as the former Queen's Hotel in Dunoon, Scotland. Queens View is a Grand Turreted Building on the banks of the River Clyde. The former Queens Hotel was renovated in 2003 creating eight individual luxury homes. The award-winning transformation has retained the historic aspect of the building on the outside with all the advantages of modern living inside.

This stunning apartment comprises of a spacious living space boasting breath-taking views of the coast, a modern fully fitted kitchen as well as two well sized bedrooms one of which features an en suite and a separate three-piece bathroom suite with corner bath. The apartment has been newly decorated with a bright contemporary design throughout, including new carpets and is fully double glazed. Furthermore, there is an underground storage unit and is offered with allocated parking to the rear of the building. Situated in the heart of the village of Kirn which is one mile along the promenade from the bustling town of Dunoon and recognised as the Marine Gateway to Scotland’s first National Park.

The area of Dunoon has seen major investment and is at the centre of a further four million investment by Western Ferries creating larger ferry routes for commercial businesses, attracting interest from all over the UK. House prices in the area are also on a constant rise and have risen by over 19% in the last five years with a £7k increase in the last three months alone! (Zoopla – November 2018.)

This truly is a stunning apartment and stats reveal it to be a perfectly lucrative investment opportunity with the added benefit of being positioned on the waterfront! Enquire today to not miss out on this unique opportunity!

Financial Breakdown

Gross rent: £6,600
Ground rent: £0
Service charge: £720
Lettings fees: £0
Net income: £5,880
Gross yield: 5.55%
Net yield: 4.94%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-12901

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