Worst House on the Street Logo
Exclusive Use / Self-Catering Accommodation, 54, Victoria Parade, Dunoon, PA23 7HU - Image 1
Exclusive Use / Self-Catering Accommodation, 54, Victoria Parade, Dunoon, PA23 7HU - Image 2
Exclusive Use / Self-Catering Accommodation, 54, Victoria Parade, Dunoon, PA23 7HU - Image 3
Exclusive Use / Self-Catering Accommodation, 54, Victoria Parade, Dunoon, PA23 7HU - Image 4
Exclusive Use / Self-Catering Accommodation, 54, Victoria Parade, Dunoon, PA23 7HU - Image 5
Exclusive Use / Self-Catering Accommodation, 54, Victoria Parade, Dunoon, PA23 7HU - Image 6
Exclusive Use / Self-Catering Accommodation, 54, Victoria Parade, Dunoon, PA23 7HU - Image 7
Exclusive Use / Self-Catering Accommodation, 54, Victoria Parade, Dunoon, PA23 7HU - Image 8
Exclusive Use / Self-Catering Accommodation, 54, Victoria Parade, Dunoon, PA23 7HU - Image 9
Exclusive Use / Self-Catering Accommodation, 54, Victoria Parade, Dunoon, PA23 7HU - Image 10
Exclusive Use / Self-Catering Accommodation, 54, Victoria Parade, Dunoon, PA23 7HU - Image 11

Exclusive Use / Self-Catering Accommodation, 54, Victoria Parade, Dunoon, PA23 7HU

Scotland

£430,000
Listed on 27/02/2025

Property Details

Bedrooms
14
Type
Detached house

Description

This property features a 14-bedroom guest house situated in a highly sought-after seaside location, offering impressive views of West Bay. Its advantageous placement not only enhances its appeal but also positions it close to the vibrant town of Dunoon, known for its picturesque landscapes and proximity to major routes leading to Glasgow and the central regions of Scotland. The current owners have invested in renovations that have modernized the guest areas, creating an inviting open-plan layout ideal for larger groups. The property also includes a sizable owner’s accommodation—a one-bedroom flat complete with kitchen and living space—providing private access that could easily be adapted for additional self-catering options. Furthermore, three additional letting rooms are currently unutilized, presenting potential for increased revenue. There is an area previously designated as a bar that remains dormant, alongside a former dining room with straightforward access to the kitchen, which can be revived for commercial purposes. Previously used as a bunkhouse, this space holds promise for future use as well. A separate section of the property was converted into a café and now functions as the vendor's workshop; however, this area could be revitalized to attract foot traffic from passersby once again, given appropriate planning permissions. Victoria House offers significant renovation and investment potential for those looking to expand or diversify their business ventures. With several areas not fully utilized, there are ample opportunities to enhance operations—whether by reinstating the bar and transforming parts of the property back into hotel accommodations or exploring other hospitality options in this charming locale. The possibilities for development here cater to various business strategies in one of Scotland's captivating coastal towns.

Investment Analysis

(PA23 area)
Area Average
£161/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
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

Exclusive Use / Self-Catering Accommodation, 54, Victoria Parade, Dunoon, PA23 7HU
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,575
Based on a loan of £322,500 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.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

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