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Gowanbank 42 Victoria Parade, Dunoon, PA23 7UH - Image 1
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Gowanbank 42 Victoria Parade, Dunoon, PA23 7UH - Image 3
Gowanbank 42 Victoria Parade, Dunoon, PA23 7UH - Image 4
Gowanbank 42 Victoria Parade, Dunoon, PA23 7UH - Image 5

Gowanbank 42 Victoria Parade, Dunoon, PA23 7UH

Scotland

£150,000
Listed on 14/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This unique waterfront property presents an exceptional opportunity for those looking to invest in a prime location with significant renovation potential. The site, spanning just over ¼ of an acre, is fully serviced and clear, making it ready for development. With planning permission already secured for a three-storey residence, this project could transform into a modern home tailored to contemporary living. The approved design encompasses a spacious five-bedroom layout with four bathrooms, totaling over 330 square meters. This structure is strategically positioned to take full advantage of the stunning uninterrupted views across the water toward the scenic islands of Cumbrae, Bute, and Arran. The elevated position offers not only picturesque vistas but also a sense of tranquility that is hard to find in more urban settings. Location-wise, this plot enjoys convenient access to the town center and direct connections to the beach and promenade, enhancing its appeal as both a residential retreat and an investment opportunity. The combination of natural beauty and accessibility makes it a highly desirable area for potential buyers or renters. For those interested in capitalizing on the rising demand for properties in such sought-after coastal locales, early inquiries are encouraged. This plot not only promises an exciting build opportunity but also offers long-term value as part of a vibrant community.

Investment Analysis

(PA23 area)
Area Average
£161/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£600,000 - £850,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
31%
Properties sold annually

Local Market Trend (PA23)

Area prices are rising by +3.8% over the last 12 months
3 year growth: -2.8%
5 year growth: 11.1%
Investment Disclaimer: Analysis based on PA23 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Gowanbank 42 Victoria Parade, Dunoon, PA23 7UH
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£549
Based on a loan of £112,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE