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Lastmarvin Cottage & Rustic Retreat, Corriegills, By Brodick, Isle of Arran, North Ayrshire, KA27 8BL - Image 1
Lastmarvin Cottage & Rustic Retreat, Corriegills, By Brodick, Isle of Arran, North Ayrshire, KA27 8BL - Image 2
Lastmarvin Cottage & Rustic Retreat, Corriegills, By Brodick, Isle of Arran, North Ayrshire, KA27 8BL - Image 3
Lastmarvin Cottage & Rustic Retreat, Corriegills, By Brodick, Isle of Arran, North Ayrshire, KA27 8BL - Image 4
Lastmarvin Cottage & Rustic Retreat, Corriegills, By Brodick, Isle of Arran, North Ayrshire, KA27 8BL - Image 5
Lastmarvin Cottage & Rustic Retreat, Corriegills, By Brodick, Isle of Arran, North Ayrshire, KA27 8BL - Image 6
Lastmarvin Cottage & Rustic Retreat, Corriegills, By Brodick, Isle of Arran, North Ayrshire, KA27 8BL - Image 7
Lastmarvin Cottage & Rustic Retreat, Corriegills, By Brodick, Isle of Arran, North Ayrshire, KA27 8BL - Image 8
Lastmarvin Cottage & Rustic Retreat, Corriegills, By Brodick, Isle of Arran, North Ayrshire, KA27 8BL - Image 9
Lastmarvin Cottage & Rustic Retreat, Corriegills, By Brodick, Isle of Arran, North Ayrshire, KA27 8BL - Image 10
Lastmarvin Cottage & Rustic Retreat, Corriegills, By Brodick, Isle of Arran, North Ayrshire, KA27 8BL - Image 11

Lastmarvin Cottage & Rustic Retreat, Corriegills, By Brodick, Isle of Arran, North Ayrshire, KA27 8BL

Scotland

£125,000
Listed on 03/03/2026

Property Details

Bedrooms
N/A
Type
Detached house
Area
803 sqft

Description

Presenting an enticing opportunity for developers and investors alike, this property is positioned to take advantage of stunning panoramic views over Brodick Bay and the surrounding Arran countryside. Comprising Lastmarvin Cottage, a detached one-bedroom timber-frame bungalow, and Rustic Retreat, a thoughtfully modernized cabin initially repurposed from a caravan, both structures offer unique potential in this serene locale just a stone's throw from Brodick's amenities. Lastmarvin Cottage features a straightforward internal layout with a living room, kitchen, shower room, and double bedroom. While it has served as a long-term rental in the past, it requires refurbishment to reach its full potential as continued rental accommodation or as a private retreat. Rustic Retreat has been tastefully upgraded into an open-plan one-bedroom space with contemporary fittings, previously operating successfully as a holiday let. Although it currently lacks licensing under recent short-term let legislation, its stylish design and captivating views make it an excellent candidate for future rental opportunities or guest accommodations. Both properties exist within generous garden grounds that allow for ample parking and intimate outdoor spaces ideal for leisure. With mains electricity and water services already connected, alongside shared sewage facilities, the site is ripe for redevelopment or enhancement. Given the non-standard construction of both buildings, this property is best suited to cash buyers or those not reliant on mortgage financing. This site not only offers existing charming dwellings but also presents significant scope for further development—whether reimagining the current structures or designing new builds—making it a remarkable investment in one of Scotland's most picturesque locations.

Investment Analysis

(KA27 area)

Below Market Value

This property is priced -36.0% below area average per sq ft

-36.0%
Potential saving
This Property
£156/sq ft
Area Average
£243/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£214,863
10% above area average per sq ft
Potential ROI
+22.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
63%
Properties sold annually

Local Market Trend (KA27)

Area prices are stable by +1.4% over the last 12 months
3 year growth: +2.7%
5 year growth: +10.9%
Investment Disclaimer: Analysis based on KA27 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

Lastmarvin Cottage & Rustic Retreat, Corriegills, By Brodick, Isle of Arran, North Ayrshire, KA27 8BL
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£451
Based on a loan of £93,750 over 30 years at 4.06% 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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