3-bedroom flat · PA34 4LZ
For saleListed 10 days
Opportunity summary
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About
Attractive Ground Floor Apartment Peacefully positioned in the desirable Pulpit Rock area of Oban, with stunning elevated views across the Sound of Kerrera, 15 Pulpit Rock is an attractive and deceptively spacious ground-floor apartment.
Presented in very good order throughout, the property benefits from double glazing and electric heating, with accommodation comprising an entrance vestibule, generous entrance hallway, lounge/diner with useful storage cupboard/study off, kitchen with two pantry cupboards, rear vestibule, three double bedrooms and a family bathroom.
Conveniently arranged over one level, the property also enjoys excellent external space, with gardens to both the front and rear.
Ideally situated to take full advantage of Oban’s extensive facilities and amenities, 15 Pulpit Rock would make a superb permanent family home or first-time purchase, while also offering excellent potential as an investment in the town’s buoyant rental market.
Set amidst some of the most spectacular coastal scenery on Scotland’s west coast, Oban is a vibrant harbour town offering an excellent range of commercial, cultural and leisure facilities.
Its bustling centre is home to a wide variety of independent shops, businesses, restaurants, cafés and bars, while sporting and recreational facilities are available at Atlantis Leisure.
Widely known as the ‘Seafood Capital of Scotland’, Oban is also celebrated as the Gateway to the Isles, with its busy harbour and ferry terminal providing connections to Mull and the Inner and Outer Hebrides.
Excellent transport links, including rail services to Glasgow and air services from nearby Oban Airport, further enhance the town’s appeal as an attractive and well-connected place to live.
Accommodation Entrance Vestibule 1.2m x 1.0m With frosted glazed, UPVC front door. Door to entrance hallway. Entrance Hallway 6.5m x 3.8m L-shaped, with two built-in cupboards. Understair alcove.
Doors to bedrooms, lounge/diner and bathroom. Bedroom 4.4m x 3.6m With triple window to views. Built-in shelved alcove. Lounge/Diner 4.0m x 3.7m L-shaped, with double window to rear.
Frosted glazed panels to entrance hallway. Built-in cupboard housing hot water tank. Open to storage cupboard/study (1.6m x 1.0m - shelved with fitted desk and light). Open to kitchen.
Kitchen 4.8m x 2.5m L-shaped, with two windows to rear. Fitted with wood trim kitchen units, offset with granite effect work surfaces. Beko cooker unit. Bosch slimline dishwasher.
Hotpoint washing machine. Bush tumble dryer. Beko fridge. One-and-a-half bowl cream coloured sink unit. Tiled splashback. Built-in drawer and shelving unit. Doors to two pantries and rear vestibule.
Pantry One 1.5m x 0.9m With fitted shelving. Beko freezer. Light and power. Pantry Two 1.0m x 0.9m With fitted shelving. Rear Vestibule 1.6m x 0.9m With half glazed UPVC door to rear garden.
Bedroom 3.7m x 3.1m With double window to views. Built-in shelved alcove. Bathroom 2.7m x 1.6m With frosted window to rear.
Fitted with white suite of WC, wash hand basin, and bath with Mira shower over. Fully tiled walls. Heated towel rail. Mosaic tiled flooring.
Bedroom 3.7m x 2.9m Very slightly L-shaped, with two windows to side. Garden 15 Pulpit Rock occupies generous garden grounds to both the front and rear.
The property is approached by concrete steps and paving, offset with lawn and is fully enclosed.
The rear garden, which is in need of some attention, is laid to gravel for ease of maintenance, offset with mature bushes, with a partially dilapidated decking area, garden shed and external store.
Title Plan The property is indicated by the number 15 which is the ground floor apartment. The areas shaded pink indicate the title garden grounds.
The blue shaded area denotes the access across the neighbouring property.
Travel Directions Approaching Oban from the north, proceed through the town on the A85 for half a mile to the roundabout at Argyll Square.
Indicate right where signposted Gallanach, staying in the left hand lane. Proceed round turning left immediately on to Albany Street.
Continue ahead, passing the police station and when the road splits, follow the left hand road for the ferry.
Continue straight ahead at the junction (do not bear right for the ferry), and bear right signposted Crannag A’ Mhinisteir.
Proceed up the hill, for less than half a mile, and turn right where signposted Pulpit Rock.
Continue ahead and round the bend to the left, and Number 15 is located around the middle of the road on the left hand side. What3Words - prospered.condition.margin
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.
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About 15, Pulpit Rock, Oban
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