Summary - John Street, Dunoon, Argyll and Bute, PA23 PA23 7BN
4 bed 2 bath Terraced
Central Dunoon renovation with rental potential and seaside location..
Period stone terraced townhouse with sash windows and central location
Four bedrooms and two bathrooms; flexible layout for rental or holiday let
Sold at auction — allow for limited inspection and fast timelines
Renovation required throughout; dated 1970s finishes in places
Home Report valuation £160,000; current price £142,500
Estimated rental around £1,200 pcm; 9% return quoted at £160k valuation
Slow broadband speeds; mobile signal excellent
Wider area: very deprived neighbourhood — factor demand and lettings risk
A traditional four-bedroom stone terraced townhouse in Dunoon’s town centre, offered as an auction renovation project. The property retains period sash windows and a character stone façade, with flexible layout across multiple floors suitable for a holiday-let conversion or multi-bed rental.
The house requires full modernisation throughout — internal finishes are dated, the hallway and rooms need refurbishment, and the property is sold as a renovation project. Broadband speeds are slow and the tenure is unknown; these are practical points to check before purchase. EPC is C and there is no flood risk recorded.
For investors, the listing includes an estimated achievable rent of around £1,200 pcm and a quoted 9% return if purchased at the home report value of £160,000. The property will be sold at auction, so buyers should allow time for due diligence and factor in renovation costs and local area challenges: the wider neighbourhood is classified as very deprived.
Location is a clear strength: central Argyle Street position close to shops, pharmacy, post office and ferry connections into Gourock/Glasgow, and a seaside setting that supports holiday-let demand. Mobile signal is excellent. Overall, this is a high-potential project for an experienced investor or buyer able to manage renovation and let marketing — not suited to someone seeking a move-in-ready home.
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