Shared ownership

1/21

Shared ownership

1/21

2 bed flat for sale Watergate, Isle Of Bute, PA20

Shared Ownership

£72,000

Added on 02/10/2026

Shared ownership

Type: Flat
Bedrooms: 2
Size: £90 per sq ft
Tenure: Ask agent

Council tax Band B £1,387 a year

Key features

Full ownership £110,000 or shared equity £72,000
Superb first floor apartment with b-listed former sheriff court
Large lounge/ dining with feature window formation
Fitted modern kitchen
Two double size bedrooms
Three piece modern bathroom
Electric 'wet' central heating, double glazing
Communal courtyard with lift to all floors
Private residents parking
Ideal for first time buyers or landlords

About this property

The Old Courthouse is a recently upgraded, low maintenance by design apartment, located within The Old Courthouse building within the centre of Rothesay. The accommodation which is light and bright is beautifully presented and laid out on the level. The original period features of the building have been beautifully maintained and with a modern and contemporary finish which offers an exciting and unique opportunity for those looking for principal living or as a home away from home accommodation.

Floorplan

Council tax

Band B £1,387 a year

Per year

Band A

£1,189
Band B

This home: £1,387
Band C

£1,585
Band D

£1,783
Band E

£2,343
Band F

£2,898
Band G

£3,492
Band H

£4,369

This home is in band B, which costs £1,387 a year in Argyll & Bute for 2026/27. The band is from the agent's description, so check it before you rely on it.

Figures from the Scottish Government (Open Government Licence v3), before the water and sewerage charges billed with council tax. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on the Scottish Assessors.

Location

Watergate, Isle Of Bute, PA20

Open map Street View

Mortgage and LBTT

Property price £72,000

£36k £108k

Deposit10% £7,000

£0 £72k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £65,000 mortgage. Most lenders would want a household income of about £15,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.