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Ninian Park, 1 Ninian Street, Millport KA28

Scotland

£185,000

Listed on 29/05/2026

Property Details

Bedrooms
4
Type
Hotel

Description

Situated on the scenic Isle of Cumbrae, this property consists of two semi-detached lodges that present a unique opportunity for holiday rental or personal use. Enclosed within a spacious plot, these lodges—Fintry and Balloch—were established in 2000 and have a strong history as successful holiday accommodations. Both lodges feature eco-friendly wooden designs and were recently updated with modern kitchens, bathrooms, and upgraded flooring. Each lodge is equipped with outdoor decking to enhance the enjoyment of the surrounding natural beauty. Despite their recent refurbishments, these properties offer further investment potential. With existing planning permissions having previously been granted for additional lodges on-site, there is an opportunity to capitalize on the growing demand for holiday rentals in this area, especially given recent improvements to the local seafront and amenities. The grounds provide ample parking and include a substantial brick outbuilding for storage, making it easier to manage rental operations. The property's proximity to Kames Bay Beach and other attractions enhances its appeal to visitors seeking relaxation in a quiet environment while maintaining easy access to local attractions. Notably, due to external circumstances, the business has not operated extensively for two years, providing a blank slate for new owners to revitalize and grow this venture without excessive initial investment.

Investment Analysis

(KA28 area)
Area Average
£172/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
4
Average per month
Market Turnover
31%
Properties sold annually

Local Market Trend (KA28)

Area prices are falling by -21.1% over the last 12 months
3 year growth: -4.1%
5 year growth: +21.4%
Investment Disclaimer: Analysis based on KA28 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

Ninian Park, 1 Ninian Street, Millport KA28
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£699
Based on a loan of £138,750 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.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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