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See how verdicts work9-bedroom house · PA34 4SE
For saleListed 249 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Former hotel with planning to be changed to residential An exciting opportunity to acquire this substantial former hotel with planning already passed to convert to residential use, set within a private rural location just south of Oban.
Foxholes comprises a former nine-bedroom hotel, each bedroom benefitting from en-suite facilities, together with a dining room, lounge/bar, commercial kitchen, pantry and laundry room.
In addition, the property includes a spacious four-bedroom apartment with office, sitting room, bathroom and en-suite shower room, providing flexible owner’s accommodation or further letting potential subject to consents.
Adjacent to the main building is a timber-clad lodge featuring a double garage at ground level and well-presented studio accommodation above, including an open-plan kitchen, sitting and dining area, double bedroom and shower room.
A further one-bedroom chalet is positioned near the lower boundary of the garden and remains incomplete internally, offering additional development scope.
The property is still mixed use so rates and council tax apply. The application has been passed for a change of use from bed & breakfast/hotel to dwelling house, planning reference 23/01450/pp.
The property is set within mature, well-established gardens with trees and herbaceous borders, and is accessed via a short private driveway leading from a privately owned tarmac road.
WHAT3WORDS ///fend.steady.mascot Foxholes enjoys a peaceful yet accessible setting a short distance south of Oban, a popular Argyllshire town offering a wide range of shops, restaurants, schools, leisure facilities, a golf course, cinema and professional services.
The town benefits from strong transport links, including rail services on the West Highland Line to Glasgow, regular ferry connections from the harbour to the Inner and Outer Hebrides, and flights from nearby Connel Airport to the Outer Isles.
The surrounding area is renowned for its natural beauty and outdoor pursuits, including sailing, hill walking, golf and coastal exploration.
Loch Feochan lies a short distance to the south, providing sheltered waters, moorings and boating facilities.
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Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
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Returns
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Short-let licence or registration needed
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Foxholes, Lerags, Oban
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