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Bank Park, Lochgilphead, PA31

Scotland

£94,995
Listed on 09/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
937 sqft

Description

This 3-bedroom residence offers a promising canvas for investors and home renovators seeking to infuse their personal style into a property. Set on a generous plot with ample garden space, the home’s layout is adaptable, presenting multiple avenues for modernization. The entrance greets you with a spacious hallway, complete with substantial storage options. The ground floor features an expansive living and dining area at the back of the house, which enjoys natural light and views of the private garden—ideal for creating a comfortable family environment. Adjacent to this space is the kitchen, which is in need of complete refurbishment but has excellent potential to become a modern culinary hub. Additionally, there’s a conveniently located double bedroom on the ground floor and a functional wet room. Moving upstairs, you'll find two further well-sized double bedrooms equipped with built-in storage solutions. The outdoor area enhances this property's appeal; it boasts extensive gardens suitable for landscaping or potential extension (subject to planning permission). A private driveway allows for off-street parking for multiple vehicles and includes several timber sheds and a detached garage that may require restoration or could be repurposed. This property is sold as seen and represents an invaluable opportunity to unlock added value in a sought-after area. Early viewings are advised to fully appreciate its potential.

Investment Analysis

(PA31 area)

Below Market Value

This property is priced -46.5% below area average per sq ft

-46.5%
Potential saving
This Property
£101/sq ft
Area Average
£189/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£195,215
10% above area average per sq ft
Potential ROI
+34.6%
After renovation
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
49%
Properties sold annually

Local Market Trend (PA31)

Area prices are stable by +0.7% over the last 12 months
3 year growth: -6.6%
5 year growth: 12.5%
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

Bank Park, Lochgilphead, PA31
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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
£348
Based on a loan of £71,246 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