6 Store Lane, Rothesay, Isle of Bute, Buteshire, PA20 9AA
Scotland
£60,000Guide Price
Listed on 25/09/2026
Listed on 25/09/2026
The listing
Property details
Bedrooms
3Type
FlatDescription
Offered at auction, this vacant three-bedroom home is centrally located in Rothesay, within reach of the town’s shops, cafés, restaurants and everyday services. The accommodation includes a living area, kitchen and family bathroom, with three bedrooms providing a flexible layout for a range of uses.
The listing notes that the property would benefit from modernisation, giving a purchaser scope to update the interiors. The property has previously been let, and the agent cites potential rental income of £500 per month based on the former tenancy; this figure is not a guarantee of future income. Buyers should review the legal pack and confirm any applicable buyer’s premium or other fees before bidding.
Rothesay’s harbour, waterfront and promenade are nearby, with ferry services connecting the Isle of Bute to the mainland. The island also offers coastal scenery, countryside and a range of outdoor activities.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
47out of 100
Grade ELow opportunity
Confidence: LOW
At 47/100 (grade E), this is a lower-scoring opportunity, but the photos show a manageable project rather than a major rebuild: worn and dated finishes, scuffed and patched walls, and some incomplete making-good across several rooms. A £5,000–£14,000 renovation range gives a sense of the likely scale, with scope to refresh the interiors and decide whether the worn bath panel and sealant need more than local attention. The listing describes a vacant three-bedroom property in central Rothesay, close to town amenities and the waterfront, and quotes potential rent of £500 per month based on a previous tenant; that income is not independently verified here.
The price/value position cannot yet be judged against local £/sqf because the floor area is missing. Surface lines or cracking are visible on the exterior and warrant inspection, though their cause is unclear; no obvious major roof or structural failure is shown in the submitted views.
Key opportunities
- Refresh the scuffed, patched and unfinished interior surfaces across several rooms to give the property a more consistent finish.
- Update the older kitchen fittings and assess whether the bathroom needs targeted repairs or a broader refresh.
- Vacant possession and a central Rothesay location offer flexibility for an owner-occupier or investor to personalise the property.
Key risks
- External surface cracking or lines need inspection to establish their cause and significance.
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Finance
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Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£227
Based on a loan of £45,000 over 30 years at 4.45% 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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