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Lunga Mill, Craobh Haven, Lochgilphead, PA31 8UU - Image 1
Lunga Mill, Craobh Haven, Lochgilphead, PA31 8UU - Image 2
Lunga Mill, Craobh Haven, Lochgilphead, PA31 8UU - Image 3
Lunga Mill, Craobh Haven, Lochgilphead, PA31 8UU - Image 4
Lunga Mill, Craobh Haven, Lochgilphead, PA31 8UU - Image 5
Lunga Mill, Craobh Haven, Lochgilphead, PA31 8UU - Image 6
Lunga Mill, Craobh Haven, Lochgilphead, PA31 8UU - Image 7
Lunga Mill, Craobh Haven, Lochgilphead, PA31 8UU - Image 8
Lunga Mill, Craobh Haven, Lochgilphead, PA31 8UU - Image 9
Lunga Mill, Craobh Haven, Lochgilphead, PA31 8UU - Image 10
Lunga Mill, Craobh Haven, Lochgilphead, PA31 8UU - Image 11

Lunga Mill, Craobh Haven, Lochgilphead, PA31 8UU

Scotland

£440,000
Listed on 31/12/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

Nestled within the scenic coastal village of Craobh Haven, this former mill property offers a unique opportunity for renovation and investment. Originally built in the 1700s to serve the Lunga Estate, it now stands as a canvas for transformation into a modern home while preserving its historical charm. The property comes with planning permission for an extension that aims to harmonize original architectural features with contemporary living standards. Renovation efforts have commenced, ensuring that any work completed respects the integrity of this historic structure. The spacious reception room is a highlight, boasting exposed stone walls and oak beams, complemented by expansive glazing that invites natural light and presents stunning views over the countryside and seascape beyond. With just under one acre of enchanting garden grounds featuring established plants and charming pathways, there's ample space for outdoor enhancement. Additionally, outbuildings such as a timber garage, summer house, and shed provide further potential for refurbishment. Located conveniently close to local amenities including riding stables and restaurants, this property not only appeals to those seeking a tranquil lifestyle but also holds significant promise for future value enhancement through thoughtful renovations.

Investment Analysis

(PA31 area)
Area Average
£194/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (PA31)

Area prices are rising by +5.5% over the last 12 months
3 year growth: -5.5%
5 year growth: 12.2%
Investment Disclaimer: Analysis based on PA31 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

Lunga Mill, Craobh Haven, Lochgilphead, PA31 8UU
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,612
Based on a loan of £330,000 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