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Ninian Park, 1 Ninian Street, Millport KA28 - Image 1
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Ninian Park, 1 Ninian Street, Millport KA28

Scotland

£185,000
Listed on 17/03/2026

Property Details

Bedrooms
4
Type
Hotel

Description

Set in a tranquil area of the Isle of Cumbrae, these two semi-detached lodges, Fintry and Balloch, provide an appealing opportunity for both holiday rentals and potential further development. Each lodge features two bedrooms and is nestled within expansive grounds covering approximately 70 square metres. The property has previously operated as a successful holiday business but has not been utilized for rental in the last two years due to the owner's other commitments. This situation presents a blank canvas for prospective buyers to reinvigorate the lodges and tap into the growing demand for short-term rentals in this picturesque locale. Both lodges have seen some modernization recently, including new kitchens, bathrooms, and upgraded flooring, making them comfortable yet offering room for additional enhancements or personal touches. Outside, each lodge boasts private decking ideal for al fresco dining alongside generous garden areas that ensure privacy amidst well-maintained greenery. Moreover, there's ample parking available at the site. An attractive feature of this property is the possibility of developing two additional lodges on the plot, given that previous planning permission had been granted (now lapsed). With significant seafront improvements underway in Millport Town and an upcoming marina project nearby, investing in these lodges could yield lucrative returns as tourism grows in the area. This offers a unique chance to capitalize on a serene setting just minutes from Kames Bay Beach and local amenities.

Investment Analysis

(KA28 area)
Area Average
£166/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
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
57%
Properties sold annually

Local Market Trend (KA28)

Area prices are falling by -7.1% over the last 12 months
3 year growth: -2.4%
5 year growth: +53.7%
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 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£667
Based on a loan of £138,750 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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