3-bedroom flat · PA34 4YE
Listing removedListed 195 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Oban, the principal tourist town of Argyll, supports a wide range of shops, restaurants, leisure and recreational facilities and professional services.
There are primary schools, a high school, a leisure/sports centre and a general hospital as well as churches of various denominations.
The thriving town has an attractive sea front and bustling harbour from which Caledonian MacBrayne ferries serve many of the Hebridean Islands.
The town enjoys good transport links to the central belt of Scotland by road and rail.
21H Shuna Terrace is a substantial top floor maisonette flat situated in the Soroba housing development on the fringe of the town and by virtue of its elevated position enjoys superb far reaching views over the town towards the seascape beyond.
The spacious accommodation benefits from a modern bathroom and kitchen with integrated appliances, together with excellent storage and an effective electric heating system, all adding to the appeal of this flat which is equally suitable as a family home or for residential letting purposes.
Details of accommodation Hall with external door to landing, storage cupboard, storage heater, ceiling light fitted, fitted carpet.
Sitting Room: 4.56m x 3.87m, windows to front, storage heater, ceiling light fitting, fitted carpet.
Bedroom 1: 3.33m x 2.53m, window to front, built-in wardrobe, panel heater, ceiling light fitting, fitted carpet.
A short flight of stairs leads to the Upper Landing with hatch to roof space, ceiling light fitting, fitted carpet.
Kitchen/Dining Room: 5.32m x 2.95m, window to rear, fitted with a range of wall mounted and floor standing units with worktops, built-in oven and microwave, ceramic hob with extractor over, 11⁄2 bowl stainless steel sink with drainer, integrated fridge, freezer and washing machine, built-in cupboards, one housing hot water tank, storage heater, ceiling light fittings, vinyl flooring.
Bedroom 2: 3.25m x 2.57m, window to rear, fitted wardrobes, panel heater, ceiling light fitting, fitted carpet.
Bedroom 3: 3.15m x 1.76m, window to rear, fitted cupboard, panel heater, ceiling light fitting, fitted carpet.
Bathroom: 1.67m x 1.45m, bath with electric shower over and glazed panel, whb in vanity unit, waterproof wall panelling, wall tiling, wall mounted fan heater, extractor fan, ceiling light fitting, vinyl flooring.
Toilet: 1.55m x 0.95m, wc, whb, extractor fan, ceiling light fitting, vinyl flooring. External Landing with shared drying room and private store. Shared drying green and car park.
General information Services: Mains electricity, water and drainage. Council Tax: Band B. EPC Rating: C71. Home Report: Available from the Selling Agents.
Guide Price: One Hundred & Twenty Five Thousand Pounds (£125,000). Offers are invited and should be submitted to the Agents. Viewing: Strictly by prior arrangement with the Selling Agents.
Entry: By mutual agreement. Under Money Laundering Regulations we are required to carry out due diligence on purchasers.
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
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FAQ
About 21H Shuna Terrace, Oban
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