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Glasgow Street, Newton Beach, Millport KA28

Scotland

£60,000
Listed on 06/05/2026

Property Details

Bedrooms
2
Type
Flat

Description

This top floor flat presents a promising investment opportunity, situated in the desirable seaside town of Millport on Cumbrae Island. With stunning sea views from the living room and bedrooms, it is conveniently located near local amenities, including the Harbour and Quayhead. The layout includes a hallway leading to a spacious living room with a charming bed recess, two bedrooms, a kitchenette, and a generously sized bathroom. While the communal gardens are well-maintained and provide a drying green area, this flat has potential for modernization as it has served as a long-term family holiday home. The flat includes some original features but would greatly benefit from renovation to unlock its full potential. Recent plans for repainting and repointing the front of the building have been attended to by current owners, ensuring that part of your investment is secure. Ideal for first-time buyers, holiday home seekers, or buy-to-let investors. Council Tax Band A; Energy Efficiency Rating Band E.

Investment Analysis

(KA28 area)
Area Average
£172/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
5
Average per month
Market Turnover
178%
Properties sold annually

Local Market Trend (KA28)

Area prices are falling by -19.6% over the last 12 months
3 year growth: -4.6%
5 year growth: +17.0%
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

Glasgow Street, Newton Beach, Millport KA28
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£214
Based on a loan of £45,000 over 30 years at 3.97% 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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