Summary - 4A, MOIR PLACE, CHURCH STREET PA23 8BG
2 bed 1 bath Apartment
Auction-ready tenanted flat delivering strong immediate rental income for investors.
- Freehold first-floor two-bedroom flat
- Tenanted; current income £7,200–£7,800 per year
- Estimated rent £600–£650 per month
- Guide price £48,000 (home report referenced at £80–85k)
- Auction sale; sold as-is, immediate offers possible
- Area classed very deprived; transitional Eastern European neighbourhood
- No flood risk; mobile signal excellent, broadband average
- Buyers should allow for tenancy management and property inspection
This first-floor, two-bedroom flat in central Dunoon is offered freehold and sold at auction with an existing tenancy in place. At the guide price of £48,000 the current rental income of £600–£650pcm produces approximately £7,200–£7,800 per year, representing an indicative yield around 12% — a clear draw for buy-to-let investors seeking immediate income.
The property is marketed as a straightforward investment: tenanted, generating income and available for prompt offers through the timed online auction. The listing includes a home report figure quoted at £85,000 (also referenced elsewhere as £80,000), and recent local sales show comparators from £80,000 to £120,000, which may indicate upside for a buy-and-hold strategy if local market conditions improve.
Buyers should note this lot will be sold as-is at auction. The area is classified as very deprived with a transitional Eastern European neighbourhood and primary sector workers locally; managing tenancy, letting risk and any repairs will be part of ownership. Practical advantages include excellent mobile signal, average broadband and no indicated flood risk. This is a targeted purchase for investors comfortable with auction processes, tenanted purchases and hands-on asset management.
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