3-bedroom flat · PA34 4BH
Listing removedListed 382 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Key Features: • Spacious, light & airy top floor Flat • Open aspect to front • Hallway, Kitchen, Lounge/Diner • 3 Bedrooms, Box Room, Bathroom • Gas central heating • Double glazing throughout • Large Loft offering development potential • White goods & brand-new flooring included • Freshly decorated • Rear yard/bin storage area • Quiet, yet central location • Walk-in condition • No chain 3 Glenshellach Terrace is a bright and spacious top floor Flat offering 3 generously sized Bedrooms, ideally located in the heart of the ever-popular town of Oban.
In addition to its well-proportioned living space, the property further benefits from a versatile Box Room, a large Loft space, and access to a shared rear yard.
The accommodation comprises Hallway, modern fitted Kitchen with a range of white goods, Lounge/Diner with attractive fireplace, 3 double Bedrooms, a useful Box Room, and family Bathroom.
There is also a large Loft space accessed from the Flat and extending the full footprint, offering potential to extend (subject to relevant consents/agreement from other owners in the block).
Council Tax: Band C EPC Rating: C73
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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
Agent & docs
FAQ
About Top Flat, 3, Top Flat, 3 Glenshellach Terrace, Oban, Argyll, PA34 4BH, Oban
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